Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Certified Services, Inc. Announces Worker's Compensation Extension.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 23, 2003

Certified Services, Inc., a Nevada corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CSRV CSRV Civil Service Rifle Volunteers (British)
CSRV Coates Spherical Rotary Valves
) 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, today announced the extension from April 30, 2003 of its workers compensation insurance coverage with Continental Casualty Company/National Fire Insurance Company of Hartford ("CNA (Certified NetWare Administrator) See Novell certification. ") through June 2, 2003.

The agreement provides for an extension of CNA's current coverage for CSRV's wholly-owned subsidiary, The Cura CURA Community-University Research Alliance
CURA Centre Universitaire de Recherche en Astrologie
CURA Cambridge University Rifle Association
 Group, Inc. ("Cura"), which was set to expire on April 30, 2003.

"This interim extension with CNA is an integral component of CSRV's continuing insurance goals to consummate a multi-year workers' compensation insurance program with a multi-state insurance carrier," said Dan L. Pixler, President and Chief Executive Officer. "The extension agreement also covers StaffAmerica, American Staff Resources, and their related companies, which CSRV has effectively controlled since November 1, 2002."

CSRV is a New York based holding company engaged in the PEO industry. Through its wholly owned subsidiary 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.
, Cura, CSRV provides a broad range of services for small and medium size businesses including payroll and benefits administration, employee record keeping and regulatory compliance, health and worker's compensation insurance programs and worksite safety management. CSRV currently services more than 800 clients with more than 32,000 worksite employees in 28 states.

This press release contains statements related to future and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied above. The company expressly disclaims any duty to update or revised forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition, the companies ability to implement price increases, the companies ability to integrate its enhanced payroll processing software and other risks detailed from time to time in the "Management's Discussion and Analysis Management's discussion and analysis (MD&A)

A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial
" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 23, 2003
Words:345
Previous Article:American Mortgage Acceptance Company Announces Exercise of Over-Allotment Option.
Next Article:Mystic Financial, Inc. Reports Financial Results for Three and Nine Months Ended March 31, 2003.



Related Articles
Basic Occupational Medicine: A Guide to Developing Delivery Systems.
BRIEFLY : FEUER PROPOSES STUDY FOR SIDEWALK REPAIRS.
Workers' compensation for non-profit staff and volunteers proposed in Man.
Consider group self-insured workers' comp: sharing the burden of keeping these worrisome costs under control.
Universal Business Computing Co.
A fifth of turnover, with a chaser of regret.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles