Corporate Profile for ABR Information Services Inc., dated Dec. 18, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Dec. 18, 1998
Company Name: ABR Information Services, Inc.
Address: 34125 U.S. Highway 19 North
Palm Harbor, FL 34684-2141
Main Telephone
Number: 727/785-2819
Internet Home
Page Address
(URL): www.abr.com
Chief Executive
Officer: James E. MacDougald
Chief Financial
Officer: James P. O'Drobinak
Investor Relations
Contact: James P. O'Drobinak
Business number: 727/785-2819
Public Relations
Contact: Patrick Manders
Business number: 727/785-2819
Trading Symbol/
Exchange: ABRX - Nasdaq
Industry: Benefits Administration Services
Market Makers: Raymond James, Robert W. Baird & Co. Inc.,
Pauli & Co., and Saloman Smith Barney
Company description: ABR Information Services Inc. provides comprehensive benefits administration, payroll and human resource services to employers seeking to outsource functions such as COBRA, HIPAA, payroll and tax deposit, Flexible Spending Accounts, Qualified Plans and other services. ABR provides services to employers of all types ranging in size from 20 to 200,000 employees. ABR provides portability (COBRA and HIPAA) services through the trade name trade name n. a name of a business or one of its products which, by use of the name and public reputation, identifies the product as that of the business. A trade name belongs to the first business to use it, and the identification and reputation give it value and the right to protect the trade name against its use by others. CobraServ(tm) and payroll and tax deposit services through the trade name PayAmerica(tm). The company employs approximately 1,400 people in marketing/service centers located in Florida, New Jersey, Virginia, Maryland, California, South Carolina, Wisconsin, Pennsylvania, Arizona and Colorado. For the year ended July 31, 1998, revenues increased 48.9% to $74.6 million, as compared to revenues of $50.1 million for the prior fiscal year. Operating income increased 52.1% to $18.4 million for fiscal year 1998, as compared to $12.1 million for the prior fiscal year. For fiscal year 1998, excluding acquired research and development costs, net income per share was $.63 (diluted), as compared to $.44 (diluted) for the prior fiscal year. In 1998, Fortune magazine recognized ABR as one of "America's 100 Fastest-Growing Companies." |
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