SPi Selected as Vendor of Choice in Emerging Market Supplier Report

RICHMOND, VA--(Marketwire - January 6, 2010) - SPi, a leading provider of business process outsourcing solutions for the healthcare and publishing markets announced today that it has been chosen as the Philippines' vendor of choice in the recent study called "Emerging Market Suppliers: A Valuable Lever for Risk Diversification." The study was conducted by the Everest Group, a global consulting and research firm specializing in analysis on outsourcing and offshoring.

The new report showcases service providers with roots in six emerging markets including Brazil, Central and Eastern Europe, Israel, Mexico, South Africa, and the Philippines, and it was conducted to address buyers' needs for more outsourcing and offshoring options around the world. SPi is proud to have been identified as the vendor of choice for the Philippine market.

As part of the analysis of the six emerging markets chosen, the report provides an assessment of the distinctive capabilities and situations where the service providers selected offer a strong value proposition for buyers. "These suppliers represent an important breed of suppliers that buyers must evaluate while sourcing from these markets," Everest stated. They also noted that the service providers highlighted in the study demonstrate operating scale, domestic/regional expertise, delivery maturity, a Blue Chip client base, and a global footprint -- key characteristics that differentiate these companies from others in their markets.

This is the second time this year that SPi has been recognized as a leader in the emerging markets category. In March 2009, SPi ranked second in the Leaders, Emerging Asian Market category of the Global Services 100 survey conducted by neoIT and Global Services.

Commenting on the occasion, Maulik Parekh, President and CEO, SPi Global Solutions, stated, "Having been chosen as one of the emerging market suppliers in a study conducted by a global research and consulting firm is a big honor for us. Recognitions like this one are a testament to our enduring commitment to be the service provider of choice in the markets in which we operate. Through continuous improvement, strong customer service as well as ongoing investments in our infrastructure, technology and people, I am convinced that we will continue to be identified as an innovative leader in the global BPO market."

About Everest

Everest Group is a global consulting and research firm that comprehensively serves the outsourcing and offshoring market. An industry leader since creating the sourcing consultancy practice in 1991, Everest has earned a worldwide reputation for ongoing innovation by helping clients capture optimum value through sourcing strategies and implementation. Everest provides information, insight, and advice to help buyers, suppliers, and enablers of services effectively navigate all stages of the sourcing lifecycle. Committed to thought leadership, Everest is noted for its fact-based analyses and insights on the outsourcing and offshoring marketplace. For more information, please visit www.everestgrp.com and www.everestresearchinstitute.com.

About SPi Global Solutions

SPi Global Solutions is a leading full-service BPO provider with offices and facilities across North America, Europe, and Asia. SPi has over 14,000 employees delivering a wide range of Knowledge Process and Customer Interaction solutions to diversified markets, including financial services, healthcare, legal, and publishing. SPi consistently improves operating efficiency, lowers costs, and helps to strengthen the competitive position of more than 500 clients.

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).

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Contact Information: Contact: May Dizon Director, Global Marketing