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Manila, Philippines — October 6, 2008

iQor President and CEO Vikas Kapoor demonstrated groundbreaking technology that converts its 21 global call centers into a 100% virtualized environment at a late meeting on Friday, Oct. 3 with Philippine President Gloria Macapagal-Arroyo.

“Our new proprietary technology represents a quantum leap for call centers, and will vastly increase both flexibility and security for our clients,” said Mr. Kapoor. “They no longer need to choose a specific location for their work, and can simultaneously access the best workers anywhere in our global footprint, or use qualified workers who do not wish to commute to a call center.”

The new technology is called FeAther?. When a call center agent’s finger touches their keyboard, iQor’s network uses biometric identification to determine who they are, what systems they can access and what calls they can handle. It therefore allows call center services to be securely handled by any worker in any of iQor’s centers worldwide, as well as to people who have high speed Internet access at home.

At the meeting with President Arroyo, Mr. Kapoor demonstrated the ease of access and state-of-the-art security that FeAther brings. Mr. Kapoor used an Internet connection at the Palace to take calls in her office. The demonstration underscored the power of the technology to create new job opportunities for people in remote rural areas.

“We think this technology has the potential to revolutionize our industry and has global applications in many other technology-reliant businesses,” said Mr. Kapoor. “I am honored that President Arroyo, who is a keen supporter of technology innovation, allowed us to launch our new global technology platform from Malacanang Palace.”

iQor is one of the premier global business process outsourcing companies in the world and the Philippines plays a major role in its strategic expansion. Most recently, iQor announced the opening of its third call center in the Philippines that will create 700 new jobs. This growth will bring total jobs created by iQor in the Philippines to 2,500 since opening its first call center in Manila in 2005.

About iQor

iQor (www.iqor.com) provides business process outsourcing to some of the best-known companies in the world from 21 Call Centers of Excellence in five countries and four continents. iQor’s 8,000 employees work with state-of-the-art technology that affords maximum flexibility to iQor customers to tap the best skills of a global workforce. It serves clients from a range of industries including financial services, telecommunications and government. Its services include customer care, customer retention and revenue recovery.

Global Public Relations Contact:

Robert Burke

robert.burke @ iqor.com

1 646 274 3044

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