Epixtar Announces Establishment Of Advisory Board For Philippines Operations

Wednesday, May 11, 2005

Gregory Domingo, former Department of Trade & Industry Undersecretary, to Chair Newly Created Board

Miami, FL & Manila, Philippines – May 11, 2005 – Epixtar Corp. (OTC BB: EPXR), a global teleservices provider, announces the appointment of a high profile Philippine Advisory Board. The Philippine Advisory Board’s Chairman Gregory Domingo, former Department of Trade and Industry (DTI) undersecretary, is well recognized as being a driving force for raising the profile of the Philippines within the IT-Enabled Services (ITES) and Business Process Outsourcing (BPO) sectors.

The principal objectives of the Philippine Advisory Board will be to have these distinguished industry and business leaders contribute, support and advise on the strategic growth direction of Epixtar’s BPO operations in the Philippines.

Ilene Kaminsky, chairman and CEO of Epixtar Corp. commented, "We are proud to have assembled such a dynamic Advisory Board comprised of key business and political leaders who are highly accomplished and respected in the Philippines. The Philippines has emerged as a leader in the BPO industry and the Board’s wealth of knowledge within each of their respected industries will be a major contributor to our Company’s success. We believe this team will help us navigate the waters of culture and commerce."

In October 2002, the DTI commissioned a study from research and consulting firm Gartner, Inc., which forecasted that the global outsourced IT-enabled service business will reach approximately US$800 billion by 2005.

"We are honored to have the Advisory Board’s commitment and support of our objective to become a leading provider of global call center services, while sharing our vision of being a socially responsible firm," concluded Kaminsky.

Each newly appointed member of Epixtar’s Advisory Board for the Philippines’ operations has achieved great success within each of their respective industries and represent key sectors that can contribute to the Company’s growth.

The Philippine Advisory Board includes:

Gregory Domingo, (Chairman), former undersecretary Department of Trade & Industry (DTI). Prior to joining the public sector, Mr. Domingo was president of Carmelray-JTCI Corp. (CJC), a joint venture with Singapore’s Jurong Town Corp (JTC), which developed one of the Philippines’ premier industrial parks. Before that, he held key positions with a number of leading U.S. financial institutions and was Managing Director/Treasurer of Chase Manhattan Bank in Manila. Domingo holds a Master of Science in Operations Research from the Wharton School of the University of Pennsylvania, a Masters in Business Management (with Distinction) from the Asian Institute of Management, and a Bachelor of Science in Management Engineering from Ateneo de Manila University.

Roberto Castillo, former president of the Philippine Industrial Estates Association and former partner with SGV & Co. Currently, Mr. Castillo is a Director of The Netherlands Insurance Company in the Philippines, CIGC Corporation, Carmelray-JTCI Corporation, Somerset Hospitality Holdings Phils and Ascott Hospitality Holdings, SQ Resources Inc. His finance background will assist Epixtar in cultivating key relationships in the finance and accounting sectors.

Bienvenido Laguesma, senior partner at the Laguesma Magsalin Consulta & Gastardo Law Offices. From 1976 to 2001, Mr. Laguesma worked at the Department of Labor and Employment (DOLE), holding various positions within the department. He served as Secretary of DOLE from June 1998 to January 2001. From November 1996 to January 1998, Mr. Laguesma served with the Office of the President of the Republic of the Philippines as a Presidential Assistant. Mr. Laguesma has an extensive background in public administration, labor laws and social legislation, non-government and government networking. His extensive knowledge and contacts will help propel Epixtar’s efforts to grow its business within the legal sector as well as guide the Company in its effort to maintain its reputation as the employer of choice in the call center sector.

Jack Madrid, vice president and general manager of MTV Philippines. Prior to his position with MTV Philippines, Mr. Madrid was a Managing Director at Ayala Corporation and was responsible for venture capital and new business development activities. Mr. Madrid’s knowledge and expertise of the media sector will help foster key partnerships for Epixtar in this industry.

Dr. Lydia Balatbat-Echauz, president and Board member of the Far Eastern University. Dr. Balatbat-Echauz was appointed the tenth president FEU in 2002. She currently serves of the Board of FEU-East Asia College, FERN Realty Corporation, Nicanor Reyes Educational Foundation, Nicanor Reyes Memorial Foundation, Philippine Association of Colleges and Universities and the Association of Women Presidents/Chancellors of Private Colleges and Universities. While on Epixtar’s Board, Dr. Balatbat-Echauz will assist the Company to develop key relationships within the educational sector.

Roberto Antonio, vice-chairman of Right Eight Security Agency, Inc. and president of RVA International Trading Corporation. From 1998 to 2002, Mr. Antonio was former undersecretary of the Department of Tourism. Mr. Antonio will focus on helping Epixtar growth its business within the culture and arts sector.

Francisco (Paco) Sandejas, founder and managing partner of Narra Venture Capital, which in invests in early-stage high-technology companies in the semiconductors, communications, computing, and software engineering industries. Dr. Sandejas’ technology background will be an instrumental resource for Epixtar within the technology sector.

Currently, Epixtar operates four call center facilities in the Philippines — its flagship center is located in Eastwood CyberPark, with centers in Filinvest Corporate City and Makati. The company just opened a fourth center in the Clark Special Economic Zone.

About Epixtar Corp. & Voxx Corporation

Epixtar Corp., based in Miami, Florida, is the parent company of Voxx Corporation (Voxx). Voxx, 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 customer relationship management (CRM) and telesales initiatives for its customers. Clients use the Company's marketing expertise and well-trained personnel to acquire, support, and enhance the customer experience, reduce costs and generate top-line revenue.

Epixtar/Voxx currently maintains seven contact centers in the Philippines and the United States with developmental plans for 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. 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.

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Contact:
Brandi Piacente
Investor Relations
The Anne McBride Company, Inc.
212-983-1702 x208
Email: bpiacente@annemcbride.com




 

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