January 19, 1999 10:18 AM
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jan. 19, 1999-- TeleServices International Group, Inc. TSIG , a provider of outsourced teleservices and music CDs through the Internet, announced today that TSIG has been selected to provide bilingual travel-related services for The Signature Group's Loyalty and Rewards program customers.
At full capacity, the gross annual billings for this program, including bookings, are expected to exceed $20 million.
After careful evaluation of 30 notable U.S. travel companies, TSIG was selected to handle and assume primary fulfillment responsibility for travel redemption requests for The Signature Group's Hispanic Loyalty and Rewards customers. TSIG will handle a full range of travel reservation requests, including air, hotels, car rentals, cruises, vacation packages, and any other travel-related service offered to Signature's Loyalty and Rewards customers.
The Signature Group is a leader in the Direct Marketing Industry with over 14 million customers. By offering the first Hispanic Loyalty and Rewards program, The Signature Group plans to dominate this large market segment. The program rollout will include a partnership with one of the largest and most influential Hispanic banks, to be named later.
"We believe the rapidly expanding Hispanic market is under served, and the need for bilingual services is great and immediate," said Robert Gordon, Chairman of TeleServices. "We are delighted that The Signature Group has selected TSIG their partner for their Hispanic Loyalty and Rewards program."
Added Paul Tennola, Vice President at The Signature Group: "We are proud to announce our partnership with TSIG and expect it to be the first of many agreements involving our Loyalty and Rewards program. TSIG's bilingual capabilities meet our requirement for distinguished customer service."
The Signature Group is a $900 million market leader providing value-driven consumer products and services to more than 14 million customers through direct response marketing. Signature provides a complete array of growing consumer clubs and services, including Dining a la Card, Dental Plans, Legal Service Plans, Credit Card Protection, as well as supplemental insurance products. With over 8,000 associates in more than 30 locations across the United States, The Signature Group mails over 400 million solicitations annually and makes over 70 million scripted telemarketing presentations. The Signature Group's principal clients include banks, airlines, independent credit card companies, major retailers and oil companies.
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. 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, the ability of the Company to execute its plans, the success of the Signature Group's programs, the availability of financing at favorable terms, and other factors detailed in the Company's public filings with the SEC.
WONDERFUL!!!!!!!!!!!!!!!!!!!!
|
