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New York, NY. June 24, 2008
- ExlService Holdings, Inc. (“EXL”)
(NASDAQ: EXLS), a leading provider of transformation
and outsourcing solutions, today announced that
Mary Crawford has joined its Transformation Services
group as a Principal. Mary will be focused on helping
EXL’s clients improve their operations through
providing leading-edge business analytics, streamlining
and improving business processes, and enhancing
risk and control environments.
Mary Crawford commented, “After serving as
an advisor to EXL over the last several months,
I am looking forward to joining the team on a full-time
basis. In serving EXL’s clients, I will have
at my disposal a global outsourcing model combined
with a transformation team of 400 professionals,
located both onshore and offshore, with expertise
in business process re-engineering, Six Sigma methodology,
analytics and risk advisory services. Having this
type of onshore and offshore transformation and
outsourcing capability is a distinct advantage in
delivering on the enterprise-wide cost re-engineering
initiatives we are currently executing for our clients”.
Rembert de Villa, EXL’s Head of Transformation
Services commented, “We are glad to have Mary
join EXL to help us accelerate our growth. She is
a highly experienced professional with deep financial
services domain expertise. Her success in leading
enterprise-wide cost re-engineering initiatives
within global financial services companies will
prove invaluable as our clients cope with the difficult
economic environment. I look forward to working
closely with Mary to help us expand the Transformation
Services business.”
Mary joins with over 20 years of global management
experience and leadership at American Express where
she was responsible for an enterprise-wide reengineering
program that consistently generated over $1 billion
in annual benefits. She played a key role in pioneering
efforts to expand the Company’s global operations
network, with deep experience in the emerging markets
of India and China. During her career at American
Express, she held positions across international
banking, strategic planning, card operations and
customer service, product development, and finance.
Mary joined the American Express Bank in 1982 and
then joined the parent company’s Strategic
Planning Group. She holds an MBA from The Wharton
School of the University of Pennsylvania and a BA
in Economics from Rhodes College.
About ExlService Holdings, Inc.
ExlService Holdings, Inc. (Nasdaq: EXLS) is a recognized
business solutions provider. EXL's service offerings
provide a competitive edge to its clients by transforming
and outsourcing business processes. Transformation
services enable continuous improvement of client
processes by bringing together EXL's capabilities
in reengineering, including Six Sigma process improvement,
research & analytics, and risk advisory services.
EXL's outsourcing services include a full spectrum
of business process services from offshore delivery
centers requiring ongoing process management skills.
Headquartered in New York, EXL primarily serves
the needs of Global 1000 companies in the banking,
financial services, insurance, utilities, healthcare,
telecommunications and transportation sectors. Find
additional information about EXL at www.exlservice.com.
This press release contains forward-looking statements.
You should not place undue reliance on those statements
because they are subject to numerous uncertainties
and factors relating to EXL’s operations and
business environment, all of which are difficult
to predict and many of which are beyond EXL’s
control. Forward-looking statements include information
concerning EXL’s possible or assumed future
results of operations, including descriptions of
its business strategy. These statements often include
words such as “may,” “will,”
“should,” “believe,” “expect,”
“anticipate,” “intend,”
“plan,” “estimate” or similar
expressions. These statements are based on assumptions
that we have made in light of management’s
experience in the industry as well as its perceptions
of historical trends, current conditions, expected
future developments and other factors it believes
are appropriate under the circumstances. You should
understand that these statements are not guarantees
of performance or results. They involve known and
unknown risks, uncertainties and assumptions. Although
EXL believes that these forward-looking statements
are based on reasonable assumptions, you should
be aware that many factors could affect EXL’s
actual financial results or results of operations
and could cause actual results to differ materially
from those in the forward-looking statements. These
factors are discussed in more details in EXL’s
filings with the Securities and Exchange Commission.
These risks could cause actual results to differ
materially from those implied by forward-looking
statements in this release.
You should keep in mind that any forward-looking
statement made herein, or elsewhere, speaks only
as of the date on which it is made. New risks and
uncertainties come up from time to time, and it
is impossible to predict these events or how they
may affect EXL. EXL has no obligation to update
any forward-looking statements after the date hereof,
except as required by federal securities laws
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