Resolve Business Outsourcing Income Fund
TSX : RBO.UN

Resolve Business Outsourcing Income Fund

December 18, 2006 15:35 ET

Resolve Business Outsourcing Income Fund Announces December Distribution

TORONTO, ONTARIO--(CCNMatthews - Dec. 18, 2006) –

Attention Business/Financial Editors:

Resolve Business Outsourcing Income Fund (the "Fund") (TSX:RBO.UN) today announced a cash distribution to unitholders of $0.0833 per Unit, covering the period from December 1, 2006 to December 31, 2006. The distribution will be paid on January 19, 2007 to unitholders of record at the close of business on December 31, 2006.

This cash distribution is consistent with disclosure of the Fund's distribution policy in the prospectus dated March 9, 2006.

About Resolve

Resolve is a progressive business process outsourcing (BPO) firm, providing services to over 1000 blue-chip businesses and governments across North America. Resolve delivers essential business functions to its clients on an outsourced basis, enabling them to spend more time focused on building customer relationships, growing sales revenue, and improving operational efficiency. Resolve's diverse BPO solution portfolio includes Finance and Administrative solutions (F&A), Customer Relationship Management solutions (CRM), and Supply Chain Management solutions (SCM). Along with various government ministries and agencies, Resolve's clients include some of the most recognizable brand names from the financial services, retail, consumer goods and manufacturing sectors. Resolve Business Outsourcing Income Fund is listed on the Toronto Stock Exchange, symbol RBO.UN. For more information, visit www.resolve.com.

Certain statements in this press release may constitute "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Fund or Resolve, or industry results to be materially different from any future results, performance or achievements or opportunities expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "may", "will", "expect", "believe", "plan", "could" and other similar terminology. These statements reflect current expectations regarding future events and operating performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under "Risk Factors" in the Fund's prospectus dated March 9, 2006. Although the forward-looking statements contained in this press release are based upon what management believes are reasonable assumptions, neither the Fund nor Resolve can assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release. Neither the Fund nor Resolve assumes any obligation to update or revise them to reflect new events or circumstances.

Contact Information

  • Resolve Corporation
    Dave Horton
    Chief Financial Officer
    (416) 503-1800