HONG KONG, June 27, 2011 /PRNewswire-Asia/ -- Humsay I Global Services Ltd (http://higsl.com) is one of the oldest and most well respected call centers and BPO service providers in India. Having over 600-seat capacity, Humsay will add to Chatter Box (CXLL.OB)'s global footprint operations model. In business over 11 years, Humsay boasts clients in 5 countries such as British Telecom, WLC, and One World, giving Chatter Box FOREX revenue diversification.
Humsay's technology will enable a synergy between Chatter Box's Philippines office by bringing a total AVAYA solution including full system integration. Humsay currently has 370 full time employees, and room to expand with a seating capacity of 1000 seats.
Chatter Box acquired Humsay I Global Services in an all-stock deal, Humsay valuating the stock at US$1 per share by independent advisers. The transfer of the 3 million shares used to acquire Humsay is expected to be completed by July 15, 2011.
This acquisition is Chatter Box's second in a period of three months, which has exceeded the company's business plan schedule. "I see Chatter Box becoming a brand name in the BPO and software industry. We have other acquisitions in the works that will create a large revenue inflow to our bottom line," Chatter Box COO, Lawrence Null quoted.
About Chatter Box
Chatter Box operates a Business and Knowledge Process Outsourcing Technology / IT company that is currently building out a platform which will play an active role in the IT-Telecom / BPO / CRM / Contact Center industry globally. The management's primary objective is to build a Conglomerate -- Mega Contact Center Solutions firm by taking advantage of growth opportunities as the outsourcing industry grows by as much as 46% annually in the Philippines, and globally.
For more information, visit http://www.chatterboxcallcenter.com/
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Contact:
Shruti Khurana
Investor Relations
Tel: +1-917-310-3733
shruti@chatterboxcallcenter.com