Cambridge Solutions Named Among Top Three Best Performing BPO Providers Worldwide Second Year in a Row.International Survey Results Released by neoIT and Global Services GREENWICH, Conn. -- Cambridge Solutions Ltd. has been named one of the top three "Best Performing BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra Providers" in the world for the second year in a row and included in the 2007 Global Services 100 listing of global service providers prepared by Global Services in conjunction with neoIT. Additionally, Cambridge was ranked as one of the top three Leaders in Human Capital Development. "What differentiates a Global Services 100 company from its peers is an outstanding integration of many capabilities that creates value for its clients and stakeholders," said Rusty Weston, editor-in-chief, Global Services. "If a company has consistently demonstrated a pattern of market leadership, innovation and outstanding customer service, it will be reflected in its continued inclusion and high rank in this annual survey." "Cambridge's high ranking in both categories validates the success of our strategic global outsourcing model, as well as our commitment to developing the best and brightest workforce throughout the world," said Chris Sinclair, executive chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Cambridge Solutions. "As a result, we create value for our customers that goes significantly beyond the savings achieved through labor arbitrage." The Global Services 100 includes large multinational service providers, emerging BPO providers, vertical specialists and leading customer-service firms. The international survey and evaluation was conducted by Global Services media and neoIT, a leading offshore outsourcing advisory firm, to identify the leading service providers across four continents. Firms are evaluated based on effective operations, client management, human capital and service lines. During the course of the survey, over 250 data points were collected from 147 respondents worldwide. "This recognition is very gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. for Cambridge Solutions," noted Geeta Sankappanavar, vice president, Strategic Global Outsourcing for Cambridge Solutions and a speaker at this year's conference. "The survey recognizes both our market leadership and our innovative model which incorporates a client-facing presence in the firm's home country, the integration of BPO and IT, and a focus on knowledge process outsourcing Knowledge process outsourcing (KPO) is a form of outsourcing, including legal process outsourcing. These are both high-value-added forms of business process outsourcing (BPO). ." About Cambridge Solutions Ltd. Cambridge Solutions Ltd. (HQ: Bangalore, India; USHQ: Greenwich, CT.) is a strategic global outsourcing firm with deep expertise in: * IT business consulting, application implementation, software engineering, maintenance and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services * Business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in (BPO) for insurance, banking and financial services companies; process consulting; transaction processing, finance and accounting back office support; claims and risk management services; inbound and outbound contact centers to support all of these activities; and other processes that require knowledge-based decision making. The company employs more than 4,380 professionals serving customers on 4 continents through more than 80 locations worldwide. With offices in the USA, Europe, India, Singapore, and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company's BPO subsidiary was named one of the top three best performing BPO companies by Global Services media and neoIT in 2006 and 2007, ranked as one of the top three leaders in human capital management, and ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP IAOP International Association of Outsourcing Professionals )'s "2006 Global Outsourcing 100" list, that appeared in a special advertising section in Fortune Magazine. The company is listed on the major stock exchanges of India (BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). , NSI See Network Solutions. NSI - Network Solutions, Inc. , MSE MSE Mouse (computer) MSE Materials Science & Engineering MSE Mean Squared Error MSE Mean Square Error MSE Master of Science in Engineering MSE Manufacturing Systems Engineering MSE Mechanically Stabilized Earth & ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) under the ticker "CAMBRIDGE". For more information, visit: www.cambridgeworldwide.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Certain statements in this release are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services, including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns in fixed price, fixed time frame contracts, client concentration, restrictions on immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. , our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, etc. The company does not undertake to update any forward looking statement that may be made from time to time by or on behalf of the company. |
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