Company Employees Volunteer in Record Numbers Two Years in a Row; TeleTech Matches Employee Donations With a Corporate Sponsorship
ENGLEWOOD, CO, Oct 04, 2007 (MARKET WIRE via COMTEX News Network) -- TeleTech Holdings, Inc. (NASDAQ: TTEC), one of the largest and most
geographically diverse global providers of business process
outsourcing (BPO) solutions, today announced its premier sponsorship
of Komen Denver Race for the Cure. For two years in a row,
contributions from TeleTech and its employees earned it recognition
as the number-one organization for donations. Two hundred and forty
TeleTech team members are expected to participate in Sunday's race.
TeleTech is one of just four local premier sponsors. The premier
sponsorship comes as a response to TeleTech employees, who have
doubled the number of team registrants since 2006. In addition to the
corporate sponsorship, TeleTech employees have raised more than
$50,000 so far this year, including race registration fees. The
company expects the total donation to exceed $115,000.
"We are very proud of our employees and thrilled to support their
passion and collaborative efforts for such an important cause," said
Kenneth Tuchman, TeleTech chairman and chief executive officer.
The TeleTech community action team, in conjunction with the newly
launched TeleTech Foundation, has invented ingenious ways to raise
money for Komen Denver beyond encouraging employees to register for
Race for the Cure. Notable fundraisers include:
- Selling 30,000 pink and white TeleTech for the Cure rubber bracelets
across 36 TeleTech global locations, including headquarters
- Selling casual days to employees
- Selling a week of casual days during Pink Week, the five business days
preceding the Denver race
- Staffing a Donation Station that allows TeleTech employees to donate
the value of unused vacation days to the Komen Denver affiliate
- Offering pink food in the company cafeteria during Pink Week in
exchange for donations
Employees have also volunteered to answer calls at the Race Line 9,
a phone bank sponsored by 9News in Denver to field questions regarding
Saturday's race.
About TeleTech
TeleTech is one of the largest and most geographically diverse global
providers of business process outsourcing solutions. We have a
25-year history of designing, implementing, and managing critical
business processes for Global 1000 companies to help them improve
their customers' experience, expand their strategic capabilities, and
increase their operating efficiencies. By delivering a high-quality
customer experience through the effective integration of
customer-facing front-office processes with internal back-office
processes, we enable our clients to better serve, grow, and retain
their customer base. We use Six Sigma-based quality methods
continually to design, implement, and enhance the business processes
we deliver to our clients and we also apply this methodology to our
own internal operations. We have developed deep domain expertise and
support approximately 300 business process outsourcing programs
serving approximately 135 global clients in the automotive,
communications, financial services, government, healthcare, retail,
technology and travel and leisure industries. Our integrated global
solutions are provided by 50,000 employees utilizing 34,000
workstations across 88 delivery centers in 18 countries.
About Denver Metropolitan Affiliate of Susan G. Komen for the Cure
The Denver Affiliate was founded in 1994 to carry out the mission of
the national organization on a local level. As a grant-making
organization, the Affiliate distributes the funds raised through
special events such as the Komen Denver Race for the Cure(R) and the
Pink Tie Affair(TM), as well as through the generosity of individual
and corporate donors, right back into the community. Since 1994, the
Affiliate has raised more than $23 million, and has awarded $17
million to not-for-profit organizations that provide breast health
and breast cancer education, screening, treatment and treatment
support services to uninsured and underinsured individuals living in
the Affiliate's 12-county service area. The Affiliate has also
contributed more than $6 million to research through Komen National
over the past 13 years. In April 2007, the Affiliate awarded more
than $3 million to fund 35 local projects focusing on breast cancer
education, screening, treatment and support. Another $1 million was
awarded to international and national breast cancer research through
the Komen Award and Research Grant Program. Seventy-five percent of
the money raised (minus expenses) supports Denver-area breast cancer
programs, clinical trials, and life-saving services for women of all
backgrounds and ages.
About Susan G. Komen for the Cure
Susan G. Komen for the Cure, formerly known as the Susan G. Komen
Breast Cancer Foundation, was established in 1982 by Nancy Brinker to
honor the memory of her sister, Susan G. Komen, who died from breast
cancer at the age of 36. Today, the organization is an international
organization with a network of more than 75,000 volunteers working
through local Affiliates and events like Komen Race for the Cure(R)
to eradicate breast cancer as a life-threatening disease. A global
leader in the fight against breast cancer, Komen fulfills its mission
through support of innovative breast cancer research grants,
meritorious awards and educational, scientific and community outreach
programs around the world. Through fiscal year 2006, Komen, together
with its Affiliate Network, corporate partners and generous donors,
has invested nearly $1 billion in breast cancer research, education,
screening and treatment programs. For more information about breast
health or breast cancer, visit www.komen.org or call the Komen's Toll
Free Breast Care Helpline at 1.800 I'M AWARE (1.800.462.9273).
FORWARD-LOOKING STATEMENTS
This press release may contain certain forward-looking statements
that involve risks and uncertainties. The projections and statements
contained in these forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, performance, or achievements to be materially
different from any future results, performance, or achievements
expressed or implied by the 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 our actual results
to differ materially from those expressed or implied by such
forward-looking statements, including but not limited to the
following: our belief that we are continuing to see strong demand for
our services and that sales cycles are shortening; the ability to
close and ramp new business opportunities that are currently being
pursued or that are in the final stages with existing and/or
potential clients in order to achieve our Business Outlook; estimated
revenue from new, renewed, and expanded client business as volumes
may not materialize as forecasted or be sufficient to achieve our
Business Outlook; the possibility of lower revenue or price pressure
from our clients experiencing a business downturn or merger in their
business; greater than anticipated competition in the BPO and
customer management market, causing adverse pricing and more
stringent contractual terms; risks associated with losing or not
renewing client relationships, particularly large client agreements,
or early termination of a client agreement; the risk of losing
clients due to consolidation in the industries we serve; consumers'
concerns or adverse publicity regarding our clients' products; our
ability to execute our growth plans, including sales of new services;
our ability to achieve our year-end 2007 and 2008 financial goals,
including those set forth in our Business Outlook; risks associated
with attracting and retaining cost-effective labor at our delivery
centers; the possibility of additional asset impairments and
restructuring charges; risks associated with changes in foreign
currency exchange rates; our ability to find cost effective delivery
locations, obtain favorable lease terms, and build or retrofit
facilities in a timely and economic manner; risks associated with
business interruption due to weather, pandemic or terrorist-related
events; economic or political changes affecting the countries in
which we operate; achieving continued profit improvement in our
International BPO operations; changes in accounting policies and
practices promulgated by standard setting bodies; and new legislation
or government regulation that impacts the BPO and customer management
industry.
Please refer to the Company's filings with the Securities and
Exchange Commission, including the Company's Quarterly Report on Form
10-Q for the quarter ended June 30, 2007, the Registration Statement
on Form S-3 filed on March 19, 2007 and the Annual Report on Form
10-K for the year ended December 31, 2006, for a detailed discussion
of factors discussed above and other important factors that may
impact the Company's business, results of operations, financial
condition, and cash flows. The Company assumes no obligation to
update its forward-looking statements to reflect actual results or
changes in factors affecting such forward-looking statements.
Media Contacts:
Dana Brandorff
Komen Denver Race for the Cure
303.797.6890
KC Higgins
TeleTech Holdings
303.434.8163
