Epixtar Adds Call Center Location

Monday, May 10, 9:04 am ET

400 Seat Center in Central Philippine City of Dumaguete

MIAMI - May 10 /PRNewswire-FirstCall/ - Epixtar Corp. (OTC Bulletin Board: EPXR - News) today announced that its Philippine subsidiary has signed a letter of intent, subject to final approval, to lease approximately 2,600 square meters (about 28,000 sq. ft.) of new office space. The future call center site, to be constructed this year, is anticipated to be ready for occupancy within 12 months. It is located in the city of Dumaguete, which is the capital of Negros Oriental, a province in the Visayan Island region of the country. The developer, July Development Corporation, will build the three- story structure according to the specifications provided by Epixtar.

Epixtar believes it is the first call center company to commit to locating in Dumaguete, a city with three major universities. The Company has formed an alliance with Foundation University whereby Epixtar executives will guest lecture at the school's business college and the University will provide placement assistance for the Company. When fully staffed, Epixtar will likely be the largest private sector employer in Dumaguete.

The new facility, once completed, will add an additional 400 contact center seats to the Company's Philippine operations. There are currently 1,750 seats under development (with 350 completed thus far) at the Company's regional headquarters in Manila and another 600 (with 250 in operation) in Alabang, south of Manila, thus bringing to 2,750 the number of seats currently in development. Additional locations are also being considered.

"An abundant, well-educated workforce, coupled with the region's reputation for stability, make Dumaguete an ideal location for Epixtar's expansion," said Jonathan Smith, senior vice president and country head for Epixtar. "The cooperation of the local government and academia has been an enormous help during the site selection process. We look forward to a long and prosperous future in Dumaguete, and throughout the Philippines."

About Epixtar

Epixtar Corp. is the parent company of Epixtar International Contact Center Group, Ltd (EICCG), Epixtar Communications Corp. (ECC) and the NOL Group, Inc. (NOL). ECC is a wholesale telecommunications provider. NOL provides Internet services to small and medium sized businesses.

EICCG, Epixtar's most active subsidiary, is a business process outsourcing (BPO) company - aggregating contact center capacity and robust telephony infrastructure to deliver comprehensive, turnkey services to the enterprise market. From campaign design through ongoing management, Epixtar delivers value-driven, creative outsourcing solutions for the customer relationship management (CRM) and telesales initiatives of third-party companies. Companies use Epixtar's marketing expertise and well-trained personnel to acquire, support, and enhance the customer experience, reduce costs and generate top- line revenue. Epixtar's corporate headquarters is in Miami, Florida and it currently maintains two contact centers in Manila, Philippines, with developmental plans to expand to additional centers over the next 24 months.

Forward-looking Statements

This Press Release may contain "forward-looking statements," regarding EPIXTAR'S business, customers, partners, future products and services, estimates of future business prospects or financial results, statements regarding EPIXTAR'S objectives, expectations, intentions, beliefs or strategies, or statements containing words such as "believe," "project," "expect," "intend," "may," "anticipate," "plans," "seeks," or similar expressions. It is important to note that EPIXTAR'S actual results could differ materially from those in such forward-looking statements, and undue reliance should not be placed on such statements. Among the important factors that could cause such actual results to differ materially are (i) the timing of significant orders for EPIXTAR'S products and services, (ii) variations in the terms and the elements of services offered under EPIXTAR'S standardized contract for future service offerings, (iii) changes in applicable accounting principles, (iv) difficulties or delays in implementing EPIXTAR'S service offerings, (v) failure to achieve sales, marketing and other objectives, (vi) construction delays of new call centers, (vii) delays in EPIXTAR'S ability to develop new products and services and market acceptance of new products and services, (viii) rapid technological change, (ix) loss of significant customers, (x) risks inherent in conducting business abroad, (xi) currency fluctuations, (xii) fluctuations in business conditions and the economy, (xiii) EPIXTAR'S ability to attract and retain key management personnel, (xiv) the marketplace's continued acceptance of EPIXTAR'S service offerings, (xv) EPIXTAR'S ability to continue the growth of its support service revenues through additional technical and customer service centers, (xvi) EPIXTAR'S ability to further penetrate into vertically integrated markets, (xvii) EPIXTAR'S ability to expand its global presence through strategic alliances and selective acquisitions, (xviii) EPIXTAR'S ability to continue to establish a competitive advantage through sophisticated technological capabilities, (xix) the ultimate outcome of certain regulatory actions, (xx) EPIXTAR'S ability to recognize deferred revenue through delivery of products or satisfactory performance of services; and (xxi) EPIXTAR'S continued ability to attract and obtain adequate financing (xxii) other risk factors listed from time to time in EPIXTAR'S registration statements and reports as filed with the Securities and Exchange Commission. All forward-looking statements which may be contained in this Press Release are made as of the date that such statements are originally published or made, and EPIXTAR undertakes no obligation to update any such forward-looking statements. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in Section 27A of the Securities Act, Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995.

CONTACT:
Harry B. Fozzard
hfozzard@epixtar.com

Source: PR Newswire




 

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