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ETELECARE IPO POSITIONS FIRM FOR CONTINUED GROWTH IN BPO SECTOR.

AsiaPulse News

| May 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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eTelecare IPO Positions Company for Continued Growth in Business Process Outsourcing Industry

Business Editors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 30, 2007--eTelecare Global Solutions, Inc., a top-tier provider of complex business process outsourcing (BPO) solutions, recently completed an initial public offering (IPO) of 5,500,000 American Depository Shares, or ADSs.

The underwriters of the company's IPO exercised their over-allotment option to purchase an additional 825,000 ADSs from the company.

The company delivers customer care, technical support and sales capabilities for market-leading companies in the telecommunications, high technology, financial services, travel and other major industries.

eTelecare provides on- and off-shore, voice-based business process outsourcing.

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