SOURCE: SupportSave Solutions, Inc.

SupportSave Solutions, Inc.

September 09, 2009 07:45 ET

SupportSave Granted Tax-Exempt Certification From Philippine Economic Zone Authority

Tax Free Status Proclamation Issued by the Office of President Gloria Arroyo; SupportSave to Be Exempt From Philippine Corporate Tax, Income Tax, Duties on Imports, Sales Tax, and Other Fees and Levies

ALAMO, CA and CEBU, PHILIPPINES--(Marketwire - September 9, 2009) - SupportSave Solutions, Inc. ("SupportSave") (OTCBB: SSVE) announced today that it has received certification and approval by the Philippine Economic Zone Authority (PEZA) for fiscal incentives. The certification, issued by a proclamation delivered by the Office of President Gloria Arroyo, grants SupportSave exemption from Philippine income tax, duties on imports, sales taxes and various other government levies and fees. PEZA is part of the Department of Trade and Industry (DTI), established under the Special Economic Zone Act to promote the establishment of special economic zones exclusively for major foreign businesses whose operations benefit the Philippine economy.

"We are deeply honored by the PEZA certification," said Christopher Johns, President & CEO of SupportSave. "It marks an exciting new era in our company history. Exemption from these taxes and fees will enable us to compete even more effectively in the global Business Process Outsourcing (BPO) arena. It saves us money in two ways: saving expenditures on the taxes and fees, as well as on the associated administrative hours and compliance costs."

Mr. Johns continued, "We already offer a tremendous BPO value with service that is second-to-none. The savings from the PEZA designation can be passed on to our customers while simultaneously improving our margins. Cost savings can also help enable us to provide additional improvements and expand our reach by hiring more agents. It truly is a win-win situation for all, and we commend the forward-thinking Arroyo Administration for its decision to implement the PEZA certification program."

To view the actual signed declaration and certificate visit: www.SupportSave.com/peza.pdf

About SupportSave Solutions, Inc.

SupportSave Solutions (OTCBB: SSVE) is the fastest growing publicly traded Business Process Outsourcing (BPO) provider with 96% Year over Year growth in its latest fiscal year ended May 31, 2009. SupportSave offers low-cost, high quality outsourced customer service, technical support and back-office support to businesses of any size. With Operations in both the US and The Philippines, we provide full-time dedicated agents from just $5 per hour. We are unmatched in both quality and cost.

For more information please visit: http://www.supportsave.com

Contact Information

  • Contact:
    Craig Jackson
    248-230-4101