TeleTech Australia Completes Work for Australian Bureau of Statistics for 2001 Census Count

DENVER, Oct. 9 /PRNewswire/ -- TeleTech Holdings, Inc., (Nasdaq: TTEC) a leading global provider of customer relationship management (CRM) services and solutions, today announced that TeleTech Australia successfully completed a six week initiative for the Australian Bureau of Statistics (ABS) during the recent Australian Census of Population and Housing 2001. As a part of the national survey ABS reached out to every household and person in Australia.

From available training workstations in TeleTech's interaction centers in Sydney and Melbourne, TeleTech managed in excess of 60 percent of the total calls handled on behalf of the ABS. TeleTech recruited and trained 500 CSRs to provide information services in 20 languages, as well as for the deaf and hearing impaired. Of the 14,000 non-English language calls received, the highest call volumes were in Mandarin and Vietnamese, followed by Cantonese, Arabic and Serbian. The lowest volumes were for Indonesian Bahasa, Italian and Somali.

In addition to handling inbound inquiries, TeleTech developed a web browser-based library containing all information related to the census. TeleTech's CSRs were able to access the online database in real time to deliver timely, accurate and consistent answers to frequently asked questions on how to complete the census.

"TeleTech was pleased to be involved with a program of such national significance," said Dwin Tucker, Chief Executive Officer, TeleTech Australia. "It reaffirms TeleTech's ability to deliver multi-lingual, mission-critical services on time to large organizations regardless of complexity. Offering our solution in over 20 languages, as well as for the deaf and hearing-impaired, demonstrates TeleTech's expertise and flexibility in serving our clients needs."

TeleTech Profile

Founded in 1982, TeleTech is a leading provider of integrated customer relationship management solutions (CRM) for global organizations predominantly in the communications, financial services, technology, government and transportation industries. TeleTech has operations in twelve countries including Argentina, Australia, Brazil, Canada, China, Northern Ireland, Mexico, New Zealand, Scotland, Singapore, Spain and the U.S. TeleTech's CRM capabilities including B2B electronic channel management and database management, help companies inform, acquire, serve, grow and retain their customers throughout the entire relationship lifecycle. TeleTech integrates a full spectrum of voice and Internet communications, including e-mail response, "chat" and extensive Web co-browsing capabilities. 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; TeleTech's ability to predict future revenues and associated costs, as well as 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 2000 Annual Report on Form 10-K, first quarter and second quarter 2001 Form 10-Qs, 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.

CONTACT: Karen Breen, +1-303-397-8592, Karen.breen@teletech.com, or Dan Campbell, Investor Relations, +1-303-397-8634, Dan.campbell@teletech.com, both of TeleTech Holdings, Inc./