Vsource(R) Expands Global Capabilities With the Opening of New Facility In Taiwan

Share Name	Share Symbol	Market	Type
Vsource New (MM)	NASDAQ:VSCE	NASDAQ	Common Stock

Vsource (NASDAQ:VSCE)
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From Jun 2019 to Jun 2024

Vsource(R) Expands Global Capabilities With the Opening of New Facility In Taiwan LA JOLLA, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Vsource, Inc. (BULLETIN BOARD: VSCE) , an innovative leader in providing customized global business process outsourcing (BPO) services to clients worldwide, today announced the opening of its new facility in Taiwan designed to provide regional clients with dedicated outbound sales and marketing services. (Logo: http://www.newscom.com/cgi-bin/prnh/20030910/VSCELOGO ) "We are making our vision of creating a network of Global Centers of Excellence a reality," said Phil Kelly, Vsource Chairman and CEO. "This facility is our third client service center in the Asia Pacific region, focusing on superior service delivery to support clients globally." The launch of the new facility will help Vsource clients gain a competitive advantage through exceptional outbound marketing services integrated with technology know-how to serve global insurance companies operating in Taiwan. A leading global insurance provider will be one of the first Vsource clients to benefit from the Taipei facility. "Vsource combines the unique capabilities of the Asia Pacific region with our superior solutions tailored to meet our clients' specific business goals," said Kelly. "We have added a dedicated team of sales professionals to market our clients' products and services using our proprietary vMarketing(TM) tool to enhance go-to-market strategies, including sales and fulfillment." The Taipei facility will initially include capacity of 120 seats with plans for expansion as the demand for client services increases. Vsource will further leverage its Centers of Excellence currently located throughout the Asia Pacific region by integrating a full suite of BPO services with the new facility to serve global and regional clients. About Vsource -- Vsource, Inc., headquartered in La Jolla, Calif., provides customized business process outsourcing (BPO) services to clients worldwide. Under Vsource Client Outsourcing Solutions (COS), Vsource delivers superior BPO solutions to Fortune 500 and Global 500 organizations. Vsource COS include: Human Resource Solutions, Warranty Solutions, Sales Solutions, and Vsource Foundation Solutions(TM), which include Customer Relationship Management (CRM), Financial Services, Travel and Expense Claims, and Supply Chain Management (SCM). Under Vsource Human Capital Management (HCM) solutions, Vsource delivers Fortune 500 reliability to small and medium-sized businesses in the U.S. HCM solutions include: HR Management, Health & Welfare, Administrative Services, and Risk Management. For more information, log on to: http://www.vsource.com/. Forward Looking Statements: Some of the statements in this release and other oral and written statements made by us from time to time to the public constitute forward-looking statements. These forward-looking statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, without limitation, statements with respect to anticipated future operating and financial performance, introduction of services and growth opportunities expected or anticipated to be realized by management. Vsource disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise. Factors that could cause or contribute to such differences include, but are not limited to reliance on one client and the expectation that revenues from this client will decline significantly, a potential requirement to redeem our Series 4-A convertible preferred stock if we fail to meet certain conditions by March 31, 2006, our limited experience in the business process outsourcing business, the new and unproven market for business process outsourcing services in the Asia-Pacific region, long cycles for sales of our solutions, complexities involved in implementing and integrating our services, fluctuations in revenues and operating results, economic and infrastructure disruptions, dependence on a small number of vendors and service providers, litigation, and competition. Other factors that may affect these statements are identified in our previous filings with the Securities and Exchange Commission. Vsource is a registered trademark of Vsource, Inc. vMarketing and Vsource Foundation Solutions are trademarks of Vsource, Inc. Fortune, Fortune 500 and Global 500 are registered trademarks of Time Inc. Vsource disclaims any proprietary interest in the marks and names of others. Vsource Media Relations Contact: Cindy Kim Direct: 858.456.4871 Mobile: 619.708.5277 http://www.newscom.com/cgi-bin/prnh/20030910/VSCELOGO http://photoarchive.ap.org/ DATASOURCE: Vsource, Inc. CONTACT: Cindy Kim, Media Relations of Vsource, +1-858-456-4871 (Direct), or +1-619-708-5277 (Mobile), Web site: http://www.vsource.com/

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