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Advantec(R) Reports Solid Growth and Introduces New Product Initiatives in First Quarter of 2006.


TAMPA, Fla. -- Advantec today announced significant first quarter results which position the national BPO BPO Business Process Outsourcing
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 provider to be on target for a strong year.

Advantec's revenues were up double digits Double Digits was a pricing game on the American television game show, The Price Is Right. Played from April 20, 1973 through May 18, 1973's show, it was played for a car and used small prizes.  over the first quarter of 2005. The number of client worksite employees Advantec services through its PEO model also increased by double digits in the first quarter of 2006, which contributed to the overall increase in billings, revenues and profits for the company.

Advantec launched two new product initiatives in the first quarter which are designed to support clients in the recruitment and retention of key personnel. Advantec's Total Recruiting Services provide clients with a single solution for filling open positions. The company now offers Total Compensation Statements for client employees as a tool to assist clients in enhancing employee satisfaction. The statement demonstrates the additional contributions employers make to employees through health care benefits, retirement savings benefits and employer paid taxes.

"We are pleased with such strong results for the first quarter of 2006 and are confident that this quarter, with its new product initiatives, sets the stage for a great year at Advantec," said Pat Goepel, Advantec's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We believe that with the support of our valued agency partners, Advantec will carry this first quarter momentum through the remainder of 2006." Goepel issued his comments on the opening day of HR Week in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
. While attending the conference, Goepel joined other CEOs and senior management panelists from Accenture, ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.
, Aon, Ceridian, Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Hewitt, TALX and five other companies in an executive debate.

For additional information or a sample copy, Contact: Sonnia Smith, Advantec, 813-207-8655, ssmith@advantec-hr.com, http://www.advantec-hr.com.

About Advantec

Advantec integrates, develops and supports human resources outsourcing solutions for companies nationwide. Advantec provides advanced products and exceptional services to PEO markets. Advantec also provides HRM HRM Her/His Royal Majesty
HRM Human Resources Management
HRM Heart-Rate Monitor
HRM Halifax Regional Municipality (Canada)
HRM Hotel Restaurant Management
HRM Hrvatska Ratna Mornarica (Croatian Navy) 
 Services, and HRO HRO Housing Referral Office
HRO Rostock (Germany, auto license plate)
HRO Human Resources Outsourcing
HRO Hogeschool Rotterdam (The Netherlands)
HRO Human Resources Office
HRO Ham Radio Outlet
 in select markets. Advantec's adaptable tools and technologies, combined with consolidated service providers and on-demand consulting services enable clients to concentrate on their top business priorities. For more information, please visit http://www.advantec-hr.com or call 1-877-ADVANTEC.

Note to editors: Advantec is a registered trademark of Agency Solutions International, Inc.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 26, 2006
Words:357
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