Stream Global Services, Inc. Announces Close of Stock-for-Stock Transaction With eTelecare Global Solutions and Close of Financing Transactions of Approximately US$300 MillionBOSTON - - Creates a Global BPO Services Company Approaching US$1 Billion in Projected Revenue in 2010 and Approximately 30,000 Combined Employees Stream Global Services, Inc. and eTelecare Global Solutions to Combine in a Stock-for-Stock TransactionBOSTON and MANILA, Philippines - - Creates a Global BPO Services Company Approaching US$1 Billion in Projected Revenue in 2010 and Approximately 30,000 Combined Employees Stream Global Services Opens Second Solution Center in the PhilippinesBOSTON - - Quezon City Site Opening Reinforces Stream’s Commitment to Providing Global Services to its Expanding Client Base Stream Global Services Expands Operations Into Cairo, EgyptBOSTON - Stream Global Services, Inc., (AMEX: OOO), is pleased to announce the opening of its newest solution center in Cairo, Egypt. Our newest facility, with a capacity for more than 700 seats, enables Stream to expand its multilingual support offerings to accommodate our strong business growth. As a recognized top outsourcing destination, businesses are attracted to Egypt because of its central location between EMEA and North America and its economic and political stability. |