Lease Signed for Second LocationDENVER, Feb 08, 2010 (BUSINESS WIRE) -- StarTek, Inc.(NYSE: SRT), a leading provider of high-value
business process outsourcing (BPO) services, announced today the recent
signing of a lease for a new customer care facility in Ortigas in the
Eton Cyberpod Corinthian business center.
The new StarTek facility is over 160,000 square feet, which will
accommodate approximately 2,100 seats. The Ortigas site will add to
StarTek's existing 1,100-seat Makati facility which is targeted to be at
full capacity by the first half of 2010. The company will recruit
employees for its Ortigas site in the coming months, in addition to
recruiting activities already underway at its Makati facility.
"The addition of a second location in the Philippines continues our
global expansion plans," said Larry Jones, StarTek President and Chief
Executive Officer. "We are building on the success of our first location
in Makati that opened just over a year ago."
About StarTek
StarTek, Inc. (NYSE: SRT) is a leading provider of high quality business
process outsourcing services. Since 1987, StarTek has partnered with its
clients to solve strategic business challenges so that fast-moving
businesses can improve customer retention, increase revenue and reduce
costs through an improved customer experience. These robust solutions
leverage industry knowledge, best business practices, highly skilled
agents, proven operational excellence and flexible technology. The
StarTek comprehensive service suite includes customer care, sales
support, complex order processing, accounts receivable management,
technical support and other industry-specific processes. Headquartered
in Denver, Colorado, StarTek provides these services from 20 operational
facilities. For more information visit the Company's website at www.StarTek.com
or contact us at 800-541-1130.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements, as
defined in the Private Securities Litigation Reform Act of 1995,
concerning expansion of StarTek's operations in the Philippines and
demand for StarTek's services. Words such as "expects", "believes",
"intends", "will", "estimates" and similar expressions identify such
forward-looking statements. These are statements that relate to future
events and include, but are not limited to, statements related to
expanding the Company's service delivery capabilities. Forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those discussed in these
forward-looking statements. These risks and uncertainties include, but
are not limited to, the ability to close and ramp new business
opportunities that are currently being pursued with existing and/or
potential clients, the ability to recruit and retain qualified
employees, our ability to retain key management personnel, maximizing
capacity utilization of our facilities, demand for our clients' products
and services, our ability to effectively manage growth, highly
competitive markets, our lack of significant international presence
outside North America, geopolitical military conditions, unfavorable
global economic conditions, difficulties in management of personnel
overseas, fluctuations associated foreign currency exchange rates,
difficulties complying with foreign laws, unexpected changes in
regulatory requirements, political and social instability, economic or
political changes affecting the Philippines, potentially adverse tax
consequences, risks associated with business interruption due to
weather, pandemic or terrorist-related events, and those factors
discussed in the Company's Form 10-K for the year ended December 31,
2008, and subsequent filings with the Securities and Exchange
Commission. Certain of these risks will be set forth in more detail in
the Company's subsequent filings with the Securities and Exchange
Commission.

SOURCE: StarTek
StarTek
Rosemary Hanratty, 720-314-1042
rosemary.hanratty@startek.com