Teleperformance Sets up in Hungary

Jun 21, 2006, 01:00 ET from Teleperformance

    PARIS, June 21 /PRNewswire-FirstCall/ -- Teleperformance (OTC: SEEPF) ,
 the World's #2 Leader in Contact Center Management, announced today the
 acquisition of 70% of the share capital of Photel Inc., one of the
 outsourced contact center leaders on the Hungarian market.
     Founded by Mr. Zsolt Lakatos in 2002, Photel developed its call center
 activities on the Hungarian market, strictly complying with the
 international standards. The company mainly provides its clients with a
 wide range of outsourced CRM and contact center services, such as customer
 acquisition, customer service and technical assistance.
     Photel, who now generates approximately 80% of its revenues from
 Inbound business and 20% from Outbound business, is based in Budapest and
 operates nearly 100 workstations. The existing clients, both national and
 international companies, mainly come from developing sectors: Finance &
 Insurance, Automotive, Transport, Media, IT & Telecom.
     Photel operates on the local market and also runs multilingual offshore
 operations (mainly in Balkan and Slavic languages).
     Christophe Allard, Chairman of the Teleperformance Board of Directors
 said: "We, Jacques Berrebi, Daniel Julien and myself, are really happy
 about this acquisition as it is perfectly in line with the development
 strategy of the Group in the Eastern Countries. We can now provide our
 clients with the same level of quality and performance in the region as in
 any other region in the world through our local subsidiaries: Russia,
 Poland, Slovakia, the Czech Republic and Hungary. For our Group, this
 regional market represents a very significant growth potential and a useful
 multilingual platform for our existing and future international accounts."
     Zsolt Lakatos, CEO of Photel Inc., added: "Photel is a young Company
 but already one of the market Leaders in the outsourced contact center
 business. The whole management is very pleased to join Teleperformance
 Group as we will benefit from its 30-year international experience and
 know-how, which will reinforce our position on the Hungarian market. I am
 deeply convinced that the combination of Teleperformance's experience and
 methods with our local market knowledge, as well as the dynamism of our
 youth will increase our contribution to the performance of our clients on
 the Hungarian market."
     About the Teleperformance Group:
     Teleperformance (Euronext: FR 0000051807), the world's #2 provider of
 outsourced CRM and contact center services, operates under various brands,
 such as Teleperformance for customer acquisition, customer service and
 customer growth programs, as well as TechCity Solutions and Cash
 Performance respectively specializing in technical support and debt
 collection. In 2005, the Teleperformance Group achieved EUR 1,196 million
 revenues (US$ 1,485 million - exchange rate: EUR1 = US$1.24).
     The Group operates 46,000 computerized workstations, with more than
 60,000 employees (Full-Time Equivalents) across 268 contact centers
 (including 102 contact centers directly managed in clients' premises) in 41
 countries, and conducts programs in more than 51 different languages on
 behalf of a diversified client base of major international companies.
     For more information, please visit:
     Teleperformance Contacts: (
     Michel PESCHARD, Corporate Secretary, Member of the Board
     Nadine DAVESNE, Press Relations

SOURCE Teleperformance