Certified Services, Inc. Announces Extension of Workers' Compensation Coverage.Business Editors FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Nov. 6, 2003 Certified Services, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CSRV CSRV Civil Service Rifle Volunteers (British) CSRV Coates Spherical Rotary Valves ) (the "Company" or "CSRV") a leading provider of professional employer organization A professional employer organization (PEO) provides outsourcing of payroll, workers' compensation, human resources and employee benefits administration. It does this by hiring a client company’s employees, thus becoming their employer of record. (PEO) services, announced today that the Company has reached an agreement with Union American Insurance Company ("Union American") to extend workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. insurance coverage in the state of Florida for its primary operating subsidiaries, The Cura CURA Community-University Research Alliance CURA Centre Universitaire de Recherche en Astrologie CURA Cambridge University Rifle Association Group, Inc. and American HR Holdings, Inc. through April 30, 2004. The current policy was to expire on November 1, 2003. Danny L. Pixler CSRV's President and 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. stated, "Approximately 57% of our operations are within the state of Florida. Union American has delivered to our clients and to more than 27,000 Florida based worksite employees a level of service unparalleled in the marketplace. Our relationship with Union American is what makes our company's products and services unique. Our strategy includes developing similar relationships in other major markets which will continue to differentiate the products and services we offer to our clients." In conclusion Pixler stated, "This is an important relationship for our company and is a key to our ultimate goal which is the complete satisfaction of our clients' needs." CSRV is a Fort Lauderdale based holding company now entering its third year of operation. It currently serves, through its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. The Cura Group, Inc. and American HR Holdings, Inc., a broad range of human resource services for small and medium size businesses including payroll and benefits administration, employee record keeping and regulatory compliance, health and workers' compensation insurance programs, and worksite safety management. The company serves approximately 1,900 clients, with approximately 50,000 worksite employees from its five service centers located in Florida, New Jersey and Texas. The news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive and other factors, including among other things, the size or timing of customer contracts, new or increased competition, changes in market demand and seasonality of purchases of the Company's product and services. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors that could materially affect the company and its operations are included in certain forms the company files with the U.S. Securities and Exchange Commission. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion