Vsource(R) Expands Global Capabilities With the Opening of New Facility In Taiwan
December 10 2003 - 9:30AM
PR Newswire (US)
Vsource(R) Expands Global Capabilities With the Opening of New
Facility In Taiwan LA JOLLA, Calif., Dec. 10 /PRNewswire-FirstCall/
-- Vsource, Inc. (BULLETIN BOARD: VSCE) , an innovative leader in
providing customized global business process outsourcing (BPO)
services to clients worldwide, today announced the opening of its
new facility in Taiwan designed to provide regional clients with
dedicated outbound sales and marketing services. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030910/VSCELOGO ) "We are
making our vision of creating a network of Global Centers of
Excellence a reality," said Phil Kelly, Vsource Chairman and CEO.
"This facility is our third client service center in the Asia
Pacific region, focusing on superior service delivery to support
clients globally." The launch of the new facility will help Vsource
clients gain a competitive advantage through exceptional outbound
marketing services integrated with technology know-how to serve
global insurance companies operating in Taiwan. A leading global
insurance provider will be one of the first Vsource clients to
benefit from the Taipei facility. "Vsource combines the unique
capabilities of the Asia Pacific region with our superior solutions
tailored to meet our clients' specific business goals," said Kelly.
"We have added a dedicated team of sales professionals to market
our clients' products and services using our proprietary
vMarketing(TM) tool to enhance go-to-market strategies, including
sales and fulfillment." The Taipei facility will initially include
capacity of 120 seats with plans for expansion as the demand for
client services increases. Vsource will further leverage its
Centers of Excellence currently located throughout the Asia Pacific
region by integrating a full suite of BPO services with the new
facility to serve global and regional clients. About Vsource --
Vsource, Inc., headquartered in La Jolla, Calif., provides
customized business process outsourcing (BPO) services to clients
worldwide. Under Vsource Client Outsourcing Solutions (COS),
Vsource delivers superior BPO solutions to Fortune 500 and Global
500 organizations. Vsource COS include: Human Resource Solutions,
Warranty Solutions, Sales Solutions, and Vsource Foundation
Solutions(TM), which include Customer Relationship Management
(CRM), Financial Services, Travel and Expense Claims, and Supply
Chain Management (SCM). Under Vsource Human Capital Management
(HCM) solutions, Vsource delivers Fortune 500 reliability to small
and medium-sized businesses in the U.S. HCM solutions include: HR
Management, Health & Welfare, Administrative Services, and Risk
Management. For more information, log on to:
http://www.vsource.com/. Forward Looking Statements: Some of the
statements in this release and other oral and written statements
made by us from time to time to the public constitute
forward-looking statements. These forward-looking statements are
based on management's current expectations or beliefs and are
subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. These forward-looking statements
include, without limitation, statements with respect to anticipated
future operating and financial performance, introduction of
services and growth opportunities expected or anticipated to be
realized by management. Vsource disclaims any obligation to update
or revise any forward-looking statements based on the occurrence of
future events, the receipt of new information, or otherwise.
Factors that could cause or contribute to such differences include,
but are not limited to reliance on one client and the expectation
that revenues from this client will decline significantly, a
potential requirement to redeem our Series 4-A convertible
preferred stock if we fail to meet certain conditions by March 31,
2006, our limited experience in the business process outsourcing
business, the new and unproven market for business process
outsourcing services in the Asia-Pacific region, long cycles for
sales of our solutions, complexities involved in implementing and
integrating our services, fluctuations in revenues and operating
results, economic and infrastructure disruptions, dependence on a
small number of vendors and service providers, litigation, and
competition. Other factors that may affect these statements are
identified in our previous filings with the Securities and Exchange
Commission. Vsource is a registered trademark of Vsource, Inc.
vMarketing and Vsource Foundation Solutions are trademarks of
Vsource, Inc. Fortune, Fortune 500 and Global 500 are registered
trademarks of Time Inc. Vsource disclaims any proprietary interest
in the marks and names of others. Vsource Media Relations Contact:
Cindy Kim Direct: 858.456.4871 Mobile: 619.708.5277
http://www.newscom.com/cgi-bin/prnh/20030910/VSCELOGO
http://photoarchive.ap.org/ DATASOURCE: Vsource, Inc. CONTACT:
Cindy Kim, Media Relations of Vsource, +1-858-456-4871 (Direct), or
+1-619-708-5277 (Mobile), Web site: http://www.vsource.com/
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