TeamStaff and First Union Announce Joint Marketing Agreement.

Business Editors

SOMERSET, N.J.--(BUSINESS WIRE)--June 12, 2001

TeamStaff, Inc. (NASDAQ: TSTF), one of the nation's leading Professional Employer Organizations (PEO), and First Union Corporation (NYSE: FTU), a leading financial services company, have signed an agreement to market

The agreement calls for a multi-year relationship in which TeamStaff will be the exclusive authorized marketer of professional employer services to First Union's business banking customers.

Donald W. Kappauf, TeamStaff's President and CEO said, "This agreement is a part of the overall definitive agreement to merge TeamStaff with BrightLane.com Inc., in which First Union has a significant equity stake. It presents TeamStaff with a significant opportunity to market our services to First Union's extensive customer base of small businesses. At the same time it presents First Union an opportunity to offer a comprehensive outsourced human resource package to their clients." Kappauf continued, "this agreement will not become effective until the closing of the TeamStaff and BrightLane merger, which is anticipated to be in early August. We will then look to roll out our program to mutually agreeable First Union markets."

According to John Guy, Jr., First Union's Small Business Segment Executive, "Businesses are increasingly looking for help in dealing with the administrative burdens that come with being an employer. TeamStaff offers a way for our customers to relieve themselves of many of those headaches, while saving money and improving the benefits they offer their employees."

About TeamStaff

Headquartered in Somerset, NJ, TeamStaff serves over 4,500 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, TeamStaff provides small and medium sized businesses throughout the nation with a better way to employ their people by delivering off-site, full-service human resource outsourcing solutions. 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 ranks as one of the top 10 in the nation.

In addition to its Professional Employer Organization, TeamStaff 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 services and payroll tax processing to over 750 clients and 30,000 employees, mostly in the construction industries in New York and New Jersey. TeamStaff Solutions is a Manhattan-based provider of technical temporary personnel and transaction processing for government agencies. For more information, visit the TeamStaff web site at www.teamstaff.com.

About BrightLane

BrightLane is an Atlanta, Georgia based technology company that provides products and services through an online business center website to small businesses. Proprietary and patent-pending BrightLane business center software offers a secure environment for its small business customers to access banking, 401 (k), insurance, payroll, recruiting and other administrative products and services. For more information, visit the BrightLane web site at www.brightlane.com

(The statements contained in this press release that are not historical facts are forward-looking statements 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 those factors that could cause actual results to differ materially are: (I) regulatory and tax developments; (ii) changes in TeamStaff's direct costs and operating expenses; (iii) the estimated costs and effectiveness of capital projects and investments in technology infrastructure; (iv) TeamStaff's ability to effectively implement its e-business strategy; (v) the effectiveness of TeamStaff's sales and marketing efforts, including the company's marketing arrangements with other companies: and (vi) changes in the competitive environment in the PEO industry. These factors are described in further detail in TeamStaff's filings with the Securities and Exchange Commission.)