TeleTech Names Larry Kessler Executive Vice President Worldwide Sales and Marketing

DENVER, April 18 /PRNewswire/ -- TeleTech Holdings, Inc. (Nasdaq: TTEC), the leading global provider of e-commerce-enabling customer management solutions (eCRM), today announced the appointment of Larry Kessler to the position of Executive Vice President Worldwide Sales and Marketing, a new position.

Kessler brings more than 25 years of global management experience in high technology corporations. Prior to joining TeleTech, Kessler ran a global software services company, Cybernettek, which he founded in 1998. Prior to Cybernettek, Kessler was president and general manager, Asia Pacific for Verifone, a global provider of portable electronic-payment solutions, which was acquired by Hewlett Packard in 1998.

Kessler also held various positions at Tandem Computers, including vice president, finance; vice president, worldwide sales operations; and president and general manager, Asia Pacific. Additionally, Kessler has an extensive financial background, having spent more than 18 years with IBM in various financial management positions.

"Larry is a tremendous addition to our team. He will focus on consolidating TeleTech's worldwide sales and marketing efforts and expanding our global presence. Larry has successfully managed global operations for leading high technology companies, and I believe he will greatly enhance TeleTech's success through new global client relationships and offering broadened capabilities to our existing client base," commented Scott Thompson, TeleTech chief executive officer and president.

"As more and more companies look for a global eCRM solution, TeleTech is uniquely positioned with its expansive global footprint and exclusive relationships with leading multinational corporations. Together with the entire management team, I am confidant we will leverage these assets and continue to enhance our world-class sales and marketing infrastructure," said Kessler.

TELETECH PROFILE

Founded in 1982, TeleTech is the leading provider of integrated, e-commerce-enabling customer management solutions (eCRM) for global organizations predominantly in the telecommunications, financial services, technology, government and transportation industries. TeleTech operates 12,000 Internet-enabled customer interaction center workstations and employs more than 16,300 people. 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 29 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

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, which describes other important factors that may impact TeleTech's business, results of operations and financial condition.

SOURCE TeleTech Holdings, Inc.

Web site: http://www.teletech.com
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or fax, 800-758-5804, ext. 107907
CONTACT: Emily Eikelberner, Manager of Investor Relations of
TeleTech Holdings, 303-894-7360, emilyeikelberner@teletech.com