Newgen Launches GM.Carabunga; Online Marketing Tool for General Motors Automotive Dealers
SAN DIEGO, Feb. 3 -- Newgen Results Corporation, a wholly owned subsidiary of TeleTech Holdings, Inc. today announced the launch of GM.Carabunga, a branded, one-stop marketing tool that allows General Motors (GM) automotive dealers to create customized, targeted sales or service promotions online. This dynamic, "high-tech" tool was created specifically for GM dealers, and allows them to build targeted, "one-to-one" marketing campaigns on-line for service, parts, and accessory promotions, along with new and used vehicle purchase campaigns. The promotion templates are consistent with GM Service and Parts Operations (GMSPO) brand standards, and take 20 to 30 minutes to create. Once submitted, promotions are mailed within 72 hours via the delivery method chosen by the dealer, including traditional mail, e-mail, or a combination of the two. Service and parts promotions fulfilled through GM.Carabunga, along with the monthly subscription fee, are eligible for up to one hundred percent reimbursement through the GM Parts co-op advertising program. "We are pleased GMSPO chose Newgen's Carabunga solution to provide dealers with a powerful tool to create customized marketing promotions," said William Klehm III, President and General Manager of Newgen. "The website gives GM dealers access to GMSPO branded marketing collateral combined with the ease of automatic co-op reimbursement for parts and service promotions." ABOUT NEWGEN RESULTS CORPORATION Newgen, a wholly owned subsidiary of TeleTech Holdings, Inc., is a leading provider of online solutions and B2B enterprise channel management services. Newgen combines marketing and customer retention with an in depth knowledge of service department operations to deliver highly targeted and customized solutions to automotive dealers and manufacturers. Newgen houses vehicle data for 70 million consumers, sends out over 40 million letters and places 40 million telephone calls annually on behalf of over 7,000 auto dealerships nationwide. Newgen also maintains relationships with leading automotive manufacturers and dealers groups including Audi, BMW, Ford, General Motors, Hyundai, Infiniti, Jaguar, Kia, Mitsubishi, Nissan, Land Rover, Volkswagen, and Volvo. For more information, call 800-7NEWGEN or visit http://www.ngresults.com. TELETECH PROFILE For twenty years, TeleTech has managed the customer experience for some of the world's largest enterprises. TeleTech's innovative customer care services help companies acquire, serve, grow, and retain customers throughout the entire relationship lifecycle. TeleTech offers solutions to a variety of industries including financial services, transportation, communications, government, healthcare, and travel. With a presence that spans North America, Asia-Pacific, Europe, and Latin America, TeleTech provides comprehensive customer care services to global organizations. Additional information on TeleTech can be found at http://www.teletech.com. FORWARD LOOKING STATEMENTS All statements not based on historical fact are forward-looking statements that involve substantial risks and uncertainties. In accordance with the Private Securities Litigation Reform Act of 1995, following are important factors that could cause TeleTech's actual results to differ materially from those expressed or implied by such forward-looking statements, including: TeleTech's ability to predict future revenue and associated costs; lower than anticipated customer interaction center capacity utilization; the loss or delay in implementation of a customer management program; TeleTech's ability to build-out facilities in a timely and economic manner; greater than anticipated competition from new entrants into the customer care market, causing increased price competition or loss of clients; the loss of one or more significant clients; higher than anticipated start-up costs associated with new business opportunities and ventures; TeleTech's ability to predict the potential volume or profitability of any future technology or consulting sales; TeleTech's agreements with clients may be canceled on relatively short notice; and TeleTech's ability to generate a specific level of revenue is dependent upon customer interest in and use of the products and services of TeleTech's clients. Readers are encouraged to review TeleTech's 2001 Form 10- K, first, second, and third quarter 2002 Forms 10-Q, and other publicly filed documents, which describe other important factors that may impact TeleTech's business, results of operations, and financial condition. TeleTech undertakes no obligation to update its forward-looking statements after the date of this release.