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Southeastern Companies Announces Name Change to Global Employment Solutions PEO

Monday August 04, 2008

Southeastern Companies, one of Florida’s top ten professional employer organizations, announced a name change to “Global Employment Solutions, PEO Division,” (OTCBB: GEYH) effective August 1, 2008. The name change is not the result of a new ownership change, acquisition or merger with another company.

“We’ve been servicing the Florida community for over 20 years,” says Division President Terry Koch. “We’re not looking to change how we do business. Instead, we’re thrilled about the opportunity to expand our service capabilities to our valued customers.”

ADP posts 20 percent increase in 4th-quarter profit

Friday August 01, 2008

ROSELAND, New Jersey— Automatic Data Processing, Inc. (NYSE:ADP) reported 12.5% revenue growth to $8.78 billion for the fiscal year ended June 30, 2008, Gary C. Butler, president and chief executive officer, announced July 31st, 2008. Revenue growth benefited 2% from favorable foreign exchange rates during the year. Excluding the current and prior year gains noted above, diluted earnings per share from continuing operations grew 21% from $1.80 to $2.18.

Professional Employer and Marketplace 2008 Debuts Stellar Line Up of Top Notch Innovators

Friday August 01, 2008

NAPEO Presents it’s Line Up of Keynotes for Marketplace 2008 - The Mechanics of Innovation!

One of the most sought after authors and speakers on the circuit – Michael Treacy, the best-selling author of Double Digit Growth will be at NAPEO’s Professional Employer and Marketplace 2008 to offer PEOs an in-depth look at the 5 strategies that create sustainable growth.

Gevity managers enter talks about possible sale

Wednesday July 30, 2008

Gevity HR Inc.’s board of directors has authorized the professional employer organization’s managers to enter discussions about a possible sale or other transaction for the company.

One likely suitor is General Atlantic Service Co., a company that owns a major stake in a San Francisco company called Tri-Net Group that is similar to Gevity.

Gevity Reports Second Quarter 2008 Operating Results

Tuesday July 29, 2008

* Earnings from Continuing Operations Increase in Second Quarter
* Company’s Sales and Service Initiatives Lead to Client Employee Growth
* Exit from Non Co-employed Business Now Complete

BRADENTON, Fla., July 29, 2008—Gevity (GVHR), which serves as the full-service human resources department for small and mid-sized businesses, today reported second quarter 2008 earnings from continuing operations of $2.0 million, or $0.08 per diluted share, as compared to a loss from continuing operations of $0.3 million, or $0.01 per share, for the first quarter of 2008. Earnings for the second quarter of 2008 included:

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