TeamStaff and BrightLane.com Execute Definitive Merger Agreement.

Business Editors

SOMERSET, N.J.--(BUSINESS WIRE)--March 6, 2001

TeamStaff, Inc. (Nasdaq:TSTF) a leading national Professional Employer Organization (PEO) and BrightLane.com, Inc. jointly announced today that the parties have completed negotiations of the terms of the previously

Under the terms of the definitive agreement, a subsidiary of TeamStaff will merge with BrightLane.com and issue to the shareholders of BrightLane 8,066,631 shares of TeamStaff common stock. It is expected that the BrightLane shareholders will own approximately 49.9% of the combined entity following closing. Under the terms of the executed agreement, BrightLane.com has agreed that at closing it will have at least $16,5000,000 in cash and cash equivalents, prior to certain transaction costs.

A new Board will be formed consisting of a total of nine persons, from the current Board of Directors of BrightLane and TeamStaff. Included on the Board will be representatives of First Union Corporation and Nationwide Financial, Inc., both of which are significant shareholders of BrightLane. First Union and others are exploring strategic initiatives to drive the value of the combined company.

The executed definitive agreement provides that the parties have up to 20 days to favorably complete their due diligence and disclosure schedules. Subject to the completion of the above, receipt by the parties of investment banking opinions as to the fairness of the terms of the transaction and final Board authorizations, TeamStaff expects to file a Joint Proxy Statement/Registration Statement with the SEC in early April 2001. Closing of the transaction is subject to completion of the Registration Statement, review by the SEC and voting approval of shareholders of both BrightLane and TeamStaff. The parties expect to close the transaction in June of 2001.

TeamStaff's President and Chief Executive Officer Donald W. Kappauf commented, "We are looking forward to closing the transaction and working with our BrightLane partners to expand our growth opportunities. This is a very powerful combination that will catapult us forward towards our revenue goal of $1 billion in fiscal 2002 and we are optimistic that there will not be any further obstacles to closing. We anticipate that the shareholders' meeting will occur sometime in June, 2001 at which time the Company will seek to qualify for a National NASDAQ listing."

"We believe this raises the bar in the industry," said T. Stephen Johnson, Chairman of the Board of BrightLane who will serve as Chairman of the Board of TeamStaff. BrightLane will become a subsidiary of TeamStaff and continue to develop private label versions of the On Line Business centers for banks and other customers that provide services to small businesses. "Mr. Johnson, who is also Chairman of NetBank, said, "The combination of TeamStaff and BrightLane is a very plausible use of the Internet to improve productivity of a proven business model. While much of the Professional Employer Services business is paper based on facsimiles and overnight packages, the Internet would deliver significant productivity gains in many areas."

In addition to the traditional PEO services, the proprietary and patent pending BrightLane software will enable the Company to offer clients and employees a multitude of profitable strategic alliance programs, formed with a variety of partners over the Internet without any marketing expense.

David Carroll, Executive Vice President of First Union Bank and prospective board member of TeamStaff, said, "First Union is very excited about the affiliation we will have with the new company. We believe that a robust Professional Employer Service will further cement our relationship with our small business customers and will also give us a differentiation point when our business bankers call on other small businesses."

About BrightLane

BrightLane.com, Inc. was founded in 1999 and is based in Alpharetta, Georgia. It is an Online Business Center (OBC) providing Internet-based administrative solutions for growing businesses. Focused on increasing buying power and reducing average transaction costs, the current BrightLane services include: procurement, payroll, banking and financial services, and a full line of insurance and benefit products. BrightLane integrates these services through proprietary unified login and hub technologies that offer businesses security and robust report functionality.

About TeamStaff

Headquartered in Somerset, New Jersey, TeamStaff serves over 4,000 clients and over 55,000 employees throughout the United States as a full service provider of employer outsourcing and staffing solutions. Through its Professional Employer Organization (PEO), TeamStaff provides small and medium sized businesses throughout the nation with a better way to employ their people by delivering an off-site, full-service human resource outsourcing solution. TeamStaff's comprehensive employer services include employment administration, benefits management, government compliance, recruiting and selection, employer liability management, training and development and performance management tools. TeamStaff's PEO division currently ranks as one of the largest in the nation.

TeamStaff also operates three other employer outsourcing services. Through TeamStaff Rx, TeamStaff provides temporary and permanent medical staffing services throughout the country and is the largest provider of medical imaging personnel in its field. TeamStaff also operates DSI, its niche payroll service bureau offering payroll and tax processing to over 750 clients and over 30,000 employees, as well as TeamStaff Solutions, a Manhattan-based provider of technical temporary personnel, disbursement management systems and transaction processing services for government agencies. For more information on each of the companies visit their web sites at www.teamstaff.com or www.brightlane.com.

The statements contained in this press release that are not historical facts are forward-looking statements under federal securities law that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) regulatory and tax developments; (ii) changes in TeamStaff's or BrightLane's direct costs and operating expenses; (iii) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure; (iv) TeamStaff's and BrightLane's ability to effectively implement their eBusiness strategy; (v) the effectiveness of TeamStaff's sales and marketing efforts, including the company's marketing arrangements with other companies; (vi) changes in the competitive environment in the PEO industry; and (vii) the ability of TeamStaff to successfully consummate the BrightLane transaction. Some of these factors are described in further detail in TeamStaff's filings with the Securities and Exchange Commission.