/ CORRECTION - eLoyalty Schedules First Quarter Earnings Release and Conference Call

  In the news release, "eLoyalty Schedules First Quarter Earnings Release and Conference Call" issued earlier today by eLoyalty Corporation (NASDAQ: ELOY), we are advised by the company that the first paragraph, end of first sentence, should read "intends to release its first quarter 2011 financial results after the market close on Thursday, May 12, 2011" rather than "intends to release its first quarter 2011 financial results after the market close on Wednesday, May 11, 2011" as originally issued. Also, the first paragraph, end of second sentence, should read "host a conference call at 5:00 p.m. Eastern time on Thursday, May 12, 2011" rather than "host a conference call at 5:00 p.m. Eastern time on Wednesday, May 11, 2011" as originally issued. Also, the third paragraph, middle of first sentence, should read "a replay of the conference call will be available beginning approximately two hours after the live call is completed until May 26, 2011" rather than "a replay of the conference call will be available beginning approximately two hours after the live call is completed until May 25, 2011" as originally issued. Complete corrected text follows.

eLoyalty Schedules First Quarter Earnings Release and Conference Call

LAKE FOREST, IL -- April 15, 2011 -- eLoyalty Corporation (NASDAQ: ELOY), a leading Integrated Contact Solutions and Behavioral Analytics™ services company, today announced that it intends to release its first quarter 2011 financial results after the market close on Thursday, May 12, 2011. eLoyalty management also plans to host a conference call at 5:00 p.m. Eastern time on Thursday, May 12, 2011.

The conference call and slide presentation will be available live via the Internet at the Investor Relations section of eLoyalty's website at http://www.eloyalty.com/investor/. Participants should access the website at least fifteen minutes before the conference call begins to download and install any necessary audio software.

For those who cannot access the live broadcast, a replay of the conference call will be available beginning approximately two hours after the live call is completed until May 26, 2011, by dialing [phone] or, for international callers, [phone] and entering conference ID number 59884355.

About eLoyalty

eLoyalty enables its customers to achieve breakthrough results with revolutionary analytics and implementation of advanced VoIP applications. eLoyalty's principal offerings include the Behavioral Analytics™ Service and Integrated Contact Solutions (ICS).

Contact: eLoyalty Corporation Bill Noon Vice President, Chief Financial Officer [phone] Email Contact