TSIG NEWS-
Tuesday December 15, 12:36 pm Eastern Time
Company Press Release
SOURCE: TeleServices International Group, Inc.
TeleServices International Group Teams with Cohesive Technology Solutions to Develop the Next-Generation E-Commerce System at Compactconnection.Com
ST. PETERSBURG, Fla., Dec. 15 /PRNewswire/ -- TeleServices International Group, Inc. (OTC Bulletin Board: TSIG - news), today announced a partnership with Cohesive Technology Solutions, Inc. to develop the next-generation e-commerce system for TeleServices' Compact Connection. The announcement builds on TeleServices' growth in the online retail market by leveraging Cohesive's industry and technology expertise.
Compact Connection, Inc. (CCI), an online music retailer, is a subsidiary of TeleServices, a fully integrated provider of outsourced teleservices. Compact Connection sells CDs and cassettes online via its website (http://www.compactconnection.com) at discount prices competitive with other leading online music retailers such as MusicBoulevard and CDNow. Unique to the Internet is Compact Connection's marketing of its MusicCard™, which provides purchasers the ability to buy CDs and cassettes at even greater discounted prices.
Cohesive, a leading IT consulting firm, has extensive experience in the design and development of e-commerce systems, and will provide to TeleServices technical consulting services including custom application development, database design, and strategic analysis. Focusing on scalability and extensibility, the new Compact Connection e-commerce site will be designed to support TeleServices' growing customer base. The re-design will focus on improved usability, rapid transaction processing, and seamless integration with fulfillment systems.
''Cohesive is uniquely positioned to provide the full range of services that will enable Compact Connection to continue its rapid growth,'' said John Hwang, Cohesive Managing Partner. ''With our experience working with clients such as Netscape, Sunrider International, Microsoft, and N2K, we bring our best practices experiences to TeleServices.''
Added Robert Gordon, Chairman of Teleservices, ''We believe that Cohesive is the world's leading website developer and are excited about our partnership. We will be linking Compact Connection's next-generation e-commerce site to TeleServices' state-of-the-art call center, and will be able to provide the most advanced and customer-friendly Internet shopping experience available today.''
About Cohesive Technology Solutions, Inc.
Cohesive is a leading information technology consulting organization with headquarters in Palo Alto, CA. The privately held company serves its clients from regional divisions in Boston, Chicago, the Gulf Coast, London, New York, and San Francisco/Silicon Valley. Cohesive is funded by Welsh Carson Anderson & Stowe, one of the largest providers of private equity in the United States. Cisco Systems is a minority owner and strategic partner of the firm.
Cohesive's consultants provide expertise in business consulting, networking, and application development. Specific areas of expertise include IT strategy; project management; network design, integration, and management; IT security; e-mail and messaging; database design and integration; and Internet and Intranet application development. The company serves customers across the U.S., including Hewlett Packard, Oracle, GTE Internetworking, Wells Fargo Bank, Ameritech, the Chicago Tribune, Georgia Gulf, Louisiana Department of Social Services, and Stanford University, as well as numerous small and medium-sized companies. For more information, visit the company's Web site at cohesive.com, send e-mail to inquiries@cohesive.com, call 650-855- 1700 or fax at 650-855-1715.
About TeleServices International Group, Inc.
TeleServices International Group, Inc. is a provider of fully integrated global teleservices to companies focused on selling products and services through toll-free numbers and the Internet. The Company's wide array of teleservices includes telephone sales/order capturing, customer service and product support as well as direct-response advertising. Visit TeleServices web site at stockprofiles.com, or e-mail info@tsig.com.
This press release contains ''forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as competition in the markets for outsourced teleservices and for retail compact discs, the availability of financing at favorable terms, and other factors detailed in the Company's public filings with the SEC.
SOURCE: TeleServices International Group, Inc.
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