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Epixtar Corp. Selects Calcutta
For Flagship India Call Center; Government of West Bengal
to Welcome Company with Incentives
Friday, May 30, 2003 - 9:00 am ET
MIAMI - May 30 /PRNewswire-FirstCall/ - Epixtar Corp. (OTC
Bulletin Board: EPXR - News) today announced that it has executed
a Memorandum of Understanding with the West Bengal Industrial
Development Corporation Limited (WBIDC), an agency of the
Calcutta-based West Bengal government. The Company has identified
a premium site for its new facility and plans to establish
a 1,000 seat call center and Business Process Outsourcing
(BPO) facility in the West Bengal region of India with operations
slated to begin in early November, 2003. The center is expected
to grow to 2,500 seats by 2005.
It is believed that the $5.3 million venture will result
in the first mega-center of its kind in the region. The West
Bengal Industrial Development Corporation will provide financial
support as well as assistance with site location, utility
services procurement, and all necessary legal and regulatory
clearances subject to a formal agreement.
"We are pleased with the enthusiasm and participation
of the government in West Bengal. Our early entry into the
Calcutta business services market demonstrates our ability
to execute effectively on our marketing services vision,"
said Harry Fozzard, Chief Marketing Officer. "When you
consider all the benefits of Calcutta: high-quality talent
pool, low cost-of-living, reliable infrastructure, and ready
access to the rest of Asia -- it's the ideal location for
our flagship Indian center."
About Epixtar Corp.
Epixtar is a provider of marketing services -- aggregating
contact center capacity and robust infrastructure to deliver
comprehensive, turnkey solutions. From campaign design through
ongoing management, Epixtar delivers value-driven, creative
solutions for telesales initiatives. Epixtar combines global
capacity with innovative performance-based compensation and
proven methodology to deliver highly successful marketing
campaigns. Leading companies use Epixtar's marketing expertise
and contact center capacity to acquire, support, and enhance
the customer experience, reduce costs and generate top-line
revenue. Based in Miami, Florida, Epixtar conducts operations
throughout the Caribbean Basin, Asia Pacific and the United
States.
Safe Harbor Statement
This release contains statements about expected future events
and financial results that are forward looking. These statements
are based on our estimates and assumptions and are subject
to risks and uncertainties. Actual results could be affected
by a downturn in the economy, new competitive products, slower
rate of growth in member base, higher than anticipated cancellations,
unforeseen expenses, or technical failure related to self
generating web site development or inability to scale server
capacity to meet demand. Forward looking statements include
the information concerning our possible or assumed future
results of operations. Forward looking statements also include
those preceded or followed by the words: "anticipates,"
"believes," "estimates," "hopes"
or similar expressions. For those statements, we claim the
protection of the safe harbor for forward looking statements
contained in the Private Securities Litigation Reform Act
of 1995.
Source
EPIXTAR CORP.
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