SSVE - 0.92 - got the pick and will post tonight, thanks Hank, that's another interest pick with low volume that may just need some love... like SPMI. Good luck with it!
SupportSave Announces $500k in Additional Annual Revenue as Largest Client Adds 54 New Agents ...25% INCREASE..
Market Wire - Jan 13 at 16:47 NONE
Company Symbols: NASDAQ-OTCBB:SSVE
SupportSave Seeks to Significantly Expand Facilities in Light of Increased Demand From Clients
LOS ANGELES, CA -- (MARKET WIRE) -- 01/13/10 -- SupportSave Solutions, Inc. ("SupportSave") (OTCBB: SSVE) announced today that one of their clients, the fastest growing job website on the internet, has agreed to ramp-up an additional 54 agents from its current 86, bringing the total to 140 agents, and making them the company's largest client to date. This addition represents an increase of over 60%, contributing over $500,000 a year in additional revenue.
"We are always happy when one of our clients makes the decision to strengthen an ongoing partnership, but when it's our largest client and they take such a sizeable step forward, it really validates the service we are providing," said Christopher Johns, President & CEO of SupportSave. Mr. Johns continued, "What's great is the client is expanding into other voice and non-voice processes which, I believe, demonstrates the quality and value we consistently deliver."
SupportSave also announced that it is working with CB Richard Ellis to secure additional space to expand its Philippines' operations. The company will relocate to a 24,000 sq. ft. of Class A space that is 73% larger than its existing 14,000 sq. ft. (1,300 sq. m) facility.
"We are currently finalizing the lease terms for a brand new multi-use complex that is going to give us about double the capacity we have now," said Christopher Johns, President & CEO of SupportSave. "Not only are we increasing our capacity and space, but we are making a huge leap to a new world class facility. This will allow us to compete for Fortune 1000 and other larger clients who rely heavily on site visits in their vendor selection process. The complex has an indoor shopping mall on multiple levels with cafés and American restaurants such as Coffee Bean. This concept is very well-suited to our clients and staff, most of whom are working or visiting at night during our peak shifts."
Mr. Johns continued, "There is robust activity in our sales pipeline and this is a decision that keeps us in line with our customer and growth requirements. At this point, we are happy to take on more space, we don't expect it to go unused for long."
Clients and shareholders can view SupportSave's operations live from eight streaming color cameras via the web by going to: http://www.outsourcedemployee.com/live.php, and using the login 'supportsave' with a password of 'guest.'
About SupportSave Solutions, Inc.
SupportSave Solutions is the fastest growing publicly traded Business Process Outsourcing (BPO) provider with 96% Year over Year growth in its latest fiscal year ended May 31, 2009. SupportSave offers low-cost, high quality outsourced customer service, technical support and back-office support to businesses of any size. With Operations in both the US and The Philippines, we provide full-time dedicated agents from just $5 per hour. Visit www.SupportSave.com or www.OutsourcedEmployee.com for small businesses.
Forward-Looking Statements
Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Contact: SupportSave Solutions, Inc. Craig Jackson 248-230-4101 Email Contact
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