TeleTech to Open State-of-the-Art Customer Interaction Centre In Timmins, Ontario

TIMMINS, Ontario, Oct. 30 /PRNewswire/ -- TeleTech Holdings, Inc. (Nasdaq: TTEC), the fastest-growing global provider of customer management and B2B infrastructure services, today announced plans to develop an Internet-enabled, multi-channel customer interaction centre (CIC) in Timmins, Ontario. The Timmins CIC will be TeleTech's seventh facility in Canada, expanding the company's international reach and ability to service Global 1000 companies. TeleTech plans to create a 40,000 square-foot facility that will employ approximately 400 people during its first year of operations from Timmins and the surrounding areas. Most of the employees will function as eCustomerReps(TM), which leverage TeleTech's multi-channel capabilities to inform, acquire, serve and retain customers of the Global 1000 companies that TeleTech serves. "The support we received from the Timmins community was the key factor in our decision to locate our newest CIC here," remarked Tom Loberto, President, TeleTech Canada. "Also, Timmins has a motivated, educated labor pool and excellent communications infrastructure, which will provide us with the resources we need to make this CIC successful." All levels of government have supported TeleTech's expansion into Timmins and worked closely with the company to plan the Timmins CIC. "We are pleased to invite a global, high-tech company such as TeleTech into the city of Timmins," said Victor M. Power, mayor, City of Timmins. "The presence of an international high-tech company will offer our citizens an opportunity to become part of a world-class operation, and it will provide significant computer training and education. We look forward to a long-standing, productive relationship with TeleTech." 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 has operations in ten countries which include Argentina, Australia, Brazil, Canada, Mexico, New Zealand, Singapore, Spain, the U.K. and the U.S. 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 and ventures such as enhansiv; 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 , Quarterly Reports on Form 10-Q, for first and second quarters 2000, and other publicly filed documents which describe other important factors that may impact TeleTech's business, results of operations and financial condition. TeleTech undertakes no obligation to update its forward looking statements after the date of this release. SOURCE TeleTech Holdings, Inc.

Web site: http://www.teletech.com
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or fax, 800-758-5804, ext. 107907
CONTACT: Elizabeth Johnson, Media Relations of TeleTech Holdings,
Inc., 303-813-4229, elizabethjohnson@teletech.com; or Tom
Loberto, President of TeleTech, Canada, 416-228-7503; or Victor
M. Power, Mayor, City of Timmins, 705-264-1331, ext. 306