TeleTech Opens Customer Interaction Center in Morgantown, West Virginia

MORGANTOWN, W.V., Oct. 10 /PRNewswire/ -- TeleTech Holdings, Inc (Nasdaq: TTEC) one of the fastest-growing global providers of customer management and B2B infrastructure services, today celebrated the official grand opening of a 56,000 square foot customer interaction center (CIC) in Morgantown West Virginia. The fully integrated, Internet-enabled facility is expected to create approximately 850 jobs within the next year and is TeleTech's second facility in West Virginia.

TeleTech has hired and trained more than 400 hundred Morgantown residents to be eCustomerReps,(TM) functioning as a vital link between TeleTech's Global 1000 client base and their customers. The eCustomerReps will also leverage TeleTech's CyberCare(TM) technology platform that blends customer data from all sources into one, easy-to-use database.

"Our presence in Morgantown is a result of this community's support," said Sean Erickson, executive vice president, North American Operations. "As TeleTech continues to experience significant success and growth, it remains important for us to expand into areas where we can build mutually beneficial relationships. The Morgantown CIC will provide us with knowledgeable and motivated people and we will provide them with state-of-the-art training in a high tech work environment. TeleTech looks forward to reciprocating the support throughout a long and successful association with this community." The Morgantown facility has been operational since April, 2000. TeleTech opened a 58,000 square-foot CIC in May, 1998 in Moundsville, West Virginia. The center hired 125 agents initially and has expanded to approximately 500 seats.

"Morgantown is very excited to welcome a company of TeleTech's caliber into the community," remarked John Snider, executive director, West Virginia Development Office. "This center is just one of many successes to come for TeleTech and the city of Morgantown. We are optimistic about the positive changes coming and we thank TeleTech for bringing a wealth of jobs and other opportunities to our area."

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 18,200 Internet-enabled customer interaction center workstations and employs more than 22,300 people in ten 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 42 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 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 Reports 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

Web site: http://www.teletech.com
Company News On-Call: http://www.prnewswire.com/comp/107907.html
or fax, 800-758-5804, ext. 107907
CONTACT: Elizabeth Johnson, Media Relations of TeleTech Holdings,
Inc., 303-813-4229, elizabethjohnson@teletech.com; or Bob
Sheppard, Site Director of TeleTech, Morgantown, 304-581-2662,
bob.sheppard@teletech.com