|Press Release: PGA Tour's Champions Tour Announces Administaff as Title Sponsor for Houston Tournament|
HOUSTON (April 14, 2004) - Houston-based Administaff, Inc. (NYSE: ASF), has signed a three-year agreement as the Title Sponsor of the Champions Tour at Augusta Pines, the PGA TOUR's Champions Tour event to be held annually in Houston, tournament officials announced today. The event will be called the Administaff Small Business ClassicSM.
After a 10-year absence, the Champions Tour is coming back to Houston, to the Augusta Pines Golf Club. This year's event will be held Oct. 4-10, 2004 and will be broadcast on The Golf Channel.
The Administaff Small Business Classic is breaking new ground for Administaff and the small business community across the nation by bringing some of professional golf's most recognizable names to Houston for a premier Champions Tour event.
Arnold Palmer, Tom Watson, Ben Crenshaw and John Mahaffey are just a few of the big names expected to play in the Administaff Small Business Classic that features a $1.6 million purse. President George H. W. Bush will serve as Honorary Chairman for this year's tournament. Approximately 100,000 spectators are expected to head to Augusta Pines throughout the week to catch a glimpse of the 78 Champions Tour professionals.
Proceeds from the Administaff Small Business Classic will benefit charities including The George and Barbara Bush Foundation for Innovative Cancer Research at the University of Texas M. D. Anderson Cancer Center, The First Tee Program of Houston and Golfers Against Cancer.
"Having a strong Houston-based company like Administaff as our title sponsor is very important," said Rick George, president of the Champions Tour. "With a number of our players having ties to the area, the Champions Tour is certainly pleased to be back in this market. We look forward to working with Administaff over the next several years to produce a successful and exciting tournament at Augusta Pines."
"We welcome the opportunity to sponsor this prestigious Champions Tour event because of what it represents for our small business clients, the charities we support and our dedicated employees," said Paul J. Sarvadi, chairman and chief executive officer of Administaff. "We want to connect this tournament with the small business community because we know that small business is good for America, and Administaff proudly serves thousands of the best small and medium-sized businesses throughout the nation."
Tournament Director Bryan Naugle is pleased to have Administaff as the title sponsor. "This is a fantastic opportunity for both Administaff and the Champions Tour to work together. Administaff's support for the next three years will help make this one of the best tournaments on the Tour," he said.
About the Administaff Small Business Classic
About Augusta Pines Golf Club