SPi Announces Renewal of Partnership With Science Magazine

WASHINGTON, DC--(Marketwire - September 9, 2008) - SPi Publishing, a global provider of editorial, content production, and business process outsourcing solutions (BPO) for publishers and other information providers, announced today the renewal of its contract with the highly cited and internationally recognized weekly magazine Science. Under the new contract, SPi will continue to provide composition and other content production services for Science, which is published by the American Association for the Advancement of Science (AAAS).

SPi started working with Science in 2004 by deploying an innovative, all-electronic composition workflow that enabled quick turnaround times of less than 48 hours while meeting high quality and reliability benchmarks. "SPi's collaborative approach and their demonstrated execution in providing high-quality output with very short turnaround times played a key role in our decision to extend our partnership," said Wendy Shank, senior production manager at Science.

Speaking on the occasion, Bill Schieffelin, Senior Vice President, Sales and Global Account Management said, "Science is one of the critical sources to which the world turns for scientific information, and the AAAS has continually set its bar high in terms of production standards for this esteemed publication. We understand the publication's demanding quality standards and incredibly fast pace, and we are very pleased that Science has expressed a continued level of confidence in our team of professionals through the continuation of our contract."

About Science

Founded in 1880, Science has grown to become the world's leading outlet for scientific news, commentary, and cutting-edge research, with the largest paid circulation of any peer-reviewed general-science journal. Through its print and online versions, Science reaches an estimated worldwide readership of more than one million. Its articles consistently rank among the world's most cited research. For more information on Science, please visit www.sciencemag.org

About the American Association for the Advancement of Science

The American Association for the Advancement of Science (AAAS) is the world's largest general scientific society, and publisher of the journal, Science. AAAS was founded in 1848, and serves some 262 affiliated societies and academies of science, serving 10 million individuals. The nonprofit organization is open to all and fulfills its mission to "advance science and serve society" through initiatives in science policy, international programs and science education, etc.

For more information on AAAS, please visit www.aaas.org

About SPi

SPi is a leading full-service global BPO solutions provider with offices and facilities across North America, Europe, and Asia. SPi has over 14,000 employees delivering a wide range of customer interaction and knowledge-based content outsourcing services to diversified markets, including Healthcare, Legal, and Publishing. SPi consistently improves operating efficiency, lowers costs, and helps to strengthen the competitive position of more than 500 clients worldwide.

SPi is 100% owned by ePLDT, Inc. ePLDT, Inc. is a wholly-owned subsidiary of the Philippine Long Distance Telephone Company (PLDT), the leading telecommunications provider in the Philippines. PLDT is listed on the Philippine Stock Exchange (PHP: TEL), and its American Depository Shares are listed on the New York Stock Exchange (NYSE: PHI).

For more information on SPi, visit www.spi-bpo.com.

Contact Information: Contact: Elizabeth Nolan Vice President, Global Marketing (202) 449 7692