ASI Expects Q2 & Q3 Net Income Below Prior Year;Longer-Term Prospects Remain Strong.

NEW YORK--(BUSINESS WIRE)--Sept. 23, 1999--

ASI Solutions Incorporated (Nasdaq:ASIS), a leader in human resources outsourcing services, today announced that earnings for its second and third fiscal quarters are expected to be below the comparable periods one year ago.

Bernard

F. Reynolds, chairman and chief executive officer, said: "We expect ASI earnings per share for the current period to be in the low single digits, with improvement starting in the December quarter. We expect earnings to improve further in our fourth fiscal period, as we begin to benefit from new business commitments and operational efficiencies."

Commenting on the company's operations, Reynolds stated: "We are experiencing lower-than-expected volume in Employment Process Outsourcing. However, we have reached agreement with a major client to expand and extend our multi-year contract beyond the original term, in return for reasonable pricing adjustments. This change is temporarily affecting earnings as we adjust our related costs. At the same time, there have been slower program rollouts in Performance Improvement Services. Profits should improve in this business segment as several major new programs begin toward the end of our third fiscal period and continue into our fourth quarter and beyond."

Reynolds pointed out that the company's Compensation & Market Share Studies business, also known as McLagan Partners, is unaffected by these developments and continues to perform up to expectations.

Concluding his remarks, Reynolds said: "We are confident about the markets we serve, the often-unique nature of our services, the growth in the size and level of forward commitments we are seeing, and ASI's continued profitability. We have a solid and growing base of loyal clients and there continue to be sizable opportunities before us. We remain committed to refine and enhance our capabilities to capitalize on our growth potential."

About ASI: ASI Solutions Incorporated is a leading national provider of a unique blend of human resources outsourcing services for organizations seeking to hire, train and develop a higher quality, more effective workforce. The company offers services in three areas: Performance Improvement; Employment Process Outsourcing; and Compensation & Market Share Studies (McLagan Partners). These services are provided to major corporations and other large organizations, primarily in the telecommunications, financial services, information technology and healthcare industries. ASI's Internet address is www.asisolutions.com.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks that could cause the actual results to vary materially, including those discussed in our quarterly and annual filings with the Securities and Exchange Commission, negative developments relating to unforeseen order cancellations or push-outs, ASI's strategic relationships, the impact of intense competition on our ability to maintain existing business and generate new business, and changes in our industry. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We will not undertake and we specifically disclaim any obligation to announce revisions to any such forward-looking statements to reflect events or circumstances occurring after such statements were made.