Convergys Corporation -- NYSE:CVG -- Initial Public Offering Priced At $15.00 Per Share.NEW YORK--(BUSINESS WIRE)--Aug. 12, 1998--Convergys Corporation today sold its initial public offering of 13 million shares of common stock priced at $15.00 per share. Morgan Stanley
Convergys Corporation (NYSE NYSE See: New York Stock Exchange :CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ) is a leading provider of outsourced billing and customer management solutions. The Convergys Information Management Group (formerly CBIS CBIS Computer Based Information System CBIS Christian Brothers Investment Services CBIS Cincinnati Bell Information Systems CBIS Chinese Biodiversity Information System CBIS Certified Brain Injury Specialist ) provides customized billing solutions utilizing proprietary software, software development expertise, and high-volume processing capabilities delivered through its data centers. The Convergys Customer Management Group (formerly MATRIXX Marketing) provides value-added customer management solutions that are designed to increase the effectiveness of customer management programs and enhance customer satisfaction, loyalty, and retention. Convergys focuses on developing long-term strategic relationships with clients in industries with complex billing needs or intensive customer service requirements, such as communications, technology, financial services, and consumer products. Convergys Corporation is on the Internet at www.convergys.com NOTE: _____ This announcement is neither an offer to sell nor a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state. Any offer is made only by the Prospectus, copies of which can be obtained by contacting Morgan Stanley Dean Witter at 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10036, Attn. Prospectus Dept. - - - or Salomon Smith Barney at 140 58th Street, 8th Floor, Brooklyn, NY 11220, Attn: Prospectus Dept.
CONTACT: Edelman Financial
Whit Clay, 212/704-4559
or
Convergys Corporation
John Pratt, 800/344-4000 or 513/397-7777
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