SRT StarTek Inc

StarTek, Inc. (NYSE:SRT), a leading provider of business process management services, has announced plans to open two new customer care facilities in Canada. The facilities will be located in Thunder Bay, Ontario, and Hawkesbury, Ontario, and are expected to be operational in April 2006. The company currently has four other Ontario-based call centers in Kingston, Cornwall, and Sarnia. The Thunder Bay and Hawkesbury facilities will operate 24 hours per day, seven days per week and are expected to bring approximately 450 new jobs to each community. The hiring of new associates for the two facilities is expected to commence within the next 30 days. "We are very pleased to have secured these new facilities in response to increased customer demand for our services," said Steve Butler, President and CEO of StarTek. "The cities of Hawkesbury and Thunder Bay have been a wonderful source of support for our business efforts in Canada and we look forward to reinforcing our already strong relationship with these cities in the future. We would especially like to thank Lynn Peterson, Mayor of Thunder Bay, Richard Pohler, Thunder Bay Senior Development Officer, Jacques Hetu, Mayor of Hawkesbury, and Louis Veilleux, Hawkesbury Industrial Commissioner, for their help and support with this venture." About StarTek StarTek, Inc. is a leading provider of business process management services. StarTek currently provides services from 17 operating facilities, including four in Colorado, five in Canada, three in Virginia and one each in Illinois, Louisiana, Oklahoma, Texas and Wyoming. The Company's primary clients are in the telecommunications industry, and it also serves clients in the computer software and hardware, consumer products, cable TV, entertainment, Internet, and e-commerce industries. Please visit the Company's website at www.startek.com. Forward-Looking Statements The matters regarding the future discussed in this news release include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to a number of risks and uncertainties. The following are important risks and uncertainties relating to StarTek's business that could cause StarTek's actual results to differ materially from those expressed or implied by any such forward-looking statements. These include, but are not limited to, loss of its principal clients, concentration of its client base in a few select industries, highly competitive markets, risks related to its contracts, decreases in numbers of vendors used by clients or potential clients, lack of success of StarTek's clients' products or services, considerable pricing pressure, risks relating to fluctuations in the value of StarTek's investment securities portfolio, risks associated with advanced technologies, inability to grow its business, inability to effectively manage growth, dependence on qualified employees and key management personnel, potential future declines in revenue, lack of a significant international presence, and risks relating to conducting business in Canada. Readers are encouraged to review Management's Discussion and Analysis of Financial Condition and Results of Operations - Risk Factors and all other disclosures appearing in the Company's Form 10-K for the year ended December 31, 2004, and subsequent filings with the Securities and Exchange Commission.