To all what is your opinion of this stock
Some good news:
PR Newswire, Tuesday, October 28, 1997 at 17:08
DALLAS, Oct. 28 /PRNewswire/ -- ATC Communications, the operating
subsidiary of ATC Communications Group, Inc. (NASDAQ:ATCT) announces a long-
term extension to its existing agreement with Western Union Financial
Services, Inc., the industry leader in providing consumers and commercial
entities with electronic and paper-based systems for transferring funds or
making payments. The existing agreement with Western Union has two years
remaining.
ATC's call center agents will continue to provide inbound customer service
for Western Union's domestic customers by processing messaging information and
money transfer transactions and handling inquiries on funds availability. The
contract extension calls for Western Union to allocate a minimum amount of
monthly customer service-related call traffic to ATC.
"Western Union's decision to extend its agreement with ATC demonstrates
their confidence in our ability to consistently deliver high quality,
technologically-current teleservices," said Michael Santry, Chairman, CEO and
President of ATC Communications Group and its subsidiary. "This contract also
demonstrates our success in developing a portfolio of long-term, value-based
partnerships versus a base of business consisting of short-term, commodity-
based contracts."
Founded in 1851, Western Union created the world's first electronic
consumer money transfer service in 1871. Today, Western Union remains the
industry leader, transferring funds virtually instantaneously among
36,000 agent locations in 140 countries. Western Union is a subsidiary of
First Data Corporation (NYSE:FDC), a leading provider of credit card
processing, payment systems, electronic commerce and information-based
services to businesses and consumers.
ATC Communications Group, Inc. is a 12-year-old publicly held company.
Its operating subsidiary, ATC Communications, offers custom-developed
strategic sales and service applications, outsourced and facility management
operations and traditional high-volume transaction-based teleservices under
the heading "telesourcing." ATC employs approximately 3,100 people and has
equipped more than 3,200 dual mode call center workstations. ATC has been
designated as one of America's 100 Fastest Growing Companies by Fortune
magazine two years in a row. Among ATC's blue-chip clients are American
Express, AT&T, Chicago RTA, Integrion Financial Network (formerly Visa
Interactive), Pacific Bell, Transamerica, US WEST, and Western Union. The
Irving, Texas-based company had $97.6 million in revenues during fiscal 1997.
Information regarding ATC can be found on its Website at atct.com .
SOURCE ATC Communications Group, Inc.
-0- 10/28/97
/CONTACT: Matthew S. Waller, Chief Financial Officer, or Scott D. Guffey,
Vice President - Finance, Acquisitions and Investor relations, or Holly
Fergus, Vice President - Marketing and Communications, all of ATC
Communications, 972-830-1800/
/Web site: atct.com |
