TeleTech Appoints Luis Mario Bilenky as President And General Manager of its Latin America Operations

DENVER, Sept. 25 /PRNewswire/ -- TeleTech Holdings, Inc. (Nasdaq: TTEC), one of the fastest growing providers of customer management and B2B infrastructure services announced today the appointment of Luis Mario Bilenky as president and general manager of the company's rapidly growing Latin American operations. Bilenky will oversee TeleTech's business in Argentina, Brazil and Mexico.

"Luis is a tremendous addition to our team," said Scott Thompson, CEO and president of TeleTech. "His experience in managing fast-paced and rapidly growing companies in Latin America will match TeleTech's high-growth business in the region. His proven track record, along with his extensive industry relationships, will be a great benefit to our client-base and in overall business expansion efforts."

Prior to TeleTech, Bilenky was the president of StarMedia Interactive Group, a company providing speakers of Spanish and Portuguese with a complete selection of Internet services and products. Bilenky oversaw the operations of StarMedia Network; StarMedia Mobile, the wireless division; and StarMedia Broadband, the broadband services arm.

Before joining StarMedia, Bilenky served as president and CEO of Fotoptica Ltda., Brazil's largest photo-optic retail company. Prior to that, Bilenky served as president and CEO of Blockbuster Video in Brazil, where he launched the company's operations throughout the country. Bilenky began his career as a director of marketing for McDonald's Latin America and the Caribbean where he oversaw operations in 17 countries.

Bilenky replaces Willy Walker who will assume the role of senior vice president of TeleTech's worldwide strategy and business development. Walker is credited for developing and growing TeleTech's operations in Latin America. Under Walker's direction, TeleTech grew from having 250 employees in one Customer Interaction Center (CIC) in Mexico to more than 4,000 employees in six CIC's located in Argentina, Brazil and Mexico. Walker is noted for taking TeleTech from being a small operator in the Latin American market to being one of the dominant providers of customer relationship management services throughout the region.

TELETECH PROFILE

Founded in 1982, TeleTech is the leading provider of integrated, eCommerce-enabling customer relationship management solutions (eCRM) for global organizations predominantly in the telecommunications, financial services, technology, government and transportation industries. TeleTech operates 15,300 Internet-enabled customer interaction center workstations and employs more than 19,300 people in nine countries. TeleTech's eCRM capabilities, including B2B electronic channel management and database management, help companies inform, acquire, service, grow and retain their customers throughout the entire relationship lifecycle. Its innovative customer interaction platform, CyberCare, integrates the full spectrum of voice and Internet communications, including custom e-mail response, "chat" and extensive Web co-browsing capabilities. Through 35 customer interaction centers in the Americas, Europe and Asia, TeleTech couples high-velocity e-infrastructure service deployment with premier quality e-customer relationship management to assure our clients/partners unparalleled success in acquiring, retaining and growing customer relationships. Information regarding TeleTech Holdings can be found on the Worldwide Web at http://www.teletech.com.

FORWARD LOOKING STATEMENTS

All statements not based on historical fact are forward-looking statements that involve substantial risks and uncertainties. In accordance with the Private Securities Litigation Reform Act of 1995, following are important factors that could cause TeleTech's actual results to differ materially from those expressed or implied by such forward-looking statements: lower than anticipated customer interaction center capacity utilization; the loss or delay in implementation of a customer management program; TeleTech's ability to build-out facilities in a timely and economic manner; greater than anticipated competition from new entrants into the customer care market, causing increased price competition or loss of clients; the loss of one or more significant clients; higher than anticipated start-up costs associated with new business opportunities; TeleTech's ability to predict the potential volume or profitability of any future technology or consulting sales; TeleTech's agreements with clients may be canceled on relatively short notice; and TeleTech's ability to generate a specific level of revenue is dependent upon customer interest in and use of the Company's clients' products and services. Readers are encouraged to review TeleTech's 1999 Annual Report on Form 10-K and Quarterly Report on Form 10-Q, for first and second quarters 2000, which describe other important factors that may impact TeleTech's business, results of operations and financial condition. SOURCE TeleTech Holdings, Inc.

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TeleTech Holdings, Inc.