AdminiStaff Acquires OneMind Connect

June 16, 2010 – Administaff, Inc., a provider of human resources services for small and medium-sized businesses, has acquired OneMind Connect, Inc., which does business under the trade name ExpensAble. ExpensAble is a provider of expense report management solutions delivered in both a Software as a Service (SaaS) model and as a desktop software product. The company currently serves over 5,000 companies worldwide. “ExpensAble represents a strong addition to our growing line of SaaS products that offer a compelling value proposition to businesses looking to improve productivity and profitability,” said Paul J. Sarvadi, CEO of Administaff. “This acquisition advances our corporate strategy of developing profitable adjacent business units with recurring revenue streams, strong growth potential, and substantial cross-selling opportunities to grow our core PEO business.”

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