TeleTech Names William Tara Chief Information Officer

DENVER, Feb. 15 /PRNewswire/ -- TeleTech Holdings, Inc. (Nasdaq: TTEC), a leading global provider of e-commerce-enabling customer management solutions (eCRM), today announced the appointment of William Tara to the position of Chief Information Officer.

William Tara had been a leader in the Global Customer Relationship Management (CRM) practice at Deloitte Consulting. His experience includes global e-commerce and CRM systems deployment within telecommunications and high-tech industries.

He has also led the design and development of healthcare, ERP and performance management processes and systems on behalf of global clients in the networking, technology, aerospace and telecommunications industries.

"Bill will focus on leveraging technology to improve internal productivity and return on capital and drive new ways of delivering our services. We intend to aggressively seize on the opportunity to leverage technology in all aspects of our business," said Scott Thompson, TeleTech chief executive officer and president.

"TeleTech is the leader in the eCRM market space and will garner a substantial amount of investment by organizations in the coming years," said Tara. "TeleTech is ideally positioned to partner with companies seeking to build deep and profitable relationships with their customers."

TELETECH PROFILE

Founded in 1982, TeleTech is a 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 more than 11,900 state-of-the-art customer interaction center workstations and employs more than 16,300 people in nine countries. Its innovative customer interaction platform, CyberCare(TM), 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

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: Under its agreements with its clients, TeleTech generally generates revenue based on the amount of time TeleTech's personnel devotes to such client's customers; accordingly, the amount of revenues generated by TeleTech is dependent upon consumers' interest in, and use of, the client's products and/or services. TeleTech cannot ensure that its clients' products and/or services will be commercially successful. Readers are encouraged to review TeleTech's 1998 Annual Report on Form 10-K and 1999 Quarterly Reports on Form 10-Q for the first, second and third quarters of 1999, which describe 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
CONTACT: Michael Klatman, Vice President, Investor Relations,
303-894-7379, michael.klatman@teletech.com, or Emily Eikelberner,
Manager of Investor Relations, 303-894-7360,
emilyeikelberner@teletech.com, both of TeleTech Holdings, Inc.