| PRESS RELEASE |
| Argea CEO, Ram Iyer to be a featured panelist at The Conference Board Webinar, February 22, 2005 |
| 15-Feb-2005 |
Ram Iyer to discuss vital operational requirements for achieving best business outcomes through outsourcing and offshoring Princeton, NJ February 15, 2005 - Argea announced today that Ram Iyer, Founder & CEO of Argea, the outsourcing consulting company, will be a featured panelist in the first of three web seminars presented by The Conference Board, entitled Thinking Offshoring Through: a Framework for Decision Makers. The three-part web cast, which is offered to corporate decision-makers and influencers, will address critical business considerations that are often overlooked but are essential for offshore outsourcing and offshoring success. The seminar will address financial and operational issues in offshoring, external and market considerations, as well as management and human resource issues. The web cast series, the first on offshoring presented by The Conference Board, is designed to help US companies improve their global competitiveness in a time when challenges are emanating from countries all over the world. Said Ton Heijmen, Senior Outsourcing/Offshoring Advisor to The Conference Board, "Whether a company chooses to implement an offshoring strategy or not, the Conference Board's decision-making framework provides a 360 degree view that enables a holistic approach and considered decision making. Following this framework will help companies achieve success with their offshoring strategies" Increasingly, outsourcing and offshoring is producing a competitive 'leveling' effect for companies that are struggling to maintain and gain market share, customers and profitability. Outsourcing and offshoring can be both defensive and offensive weapons that stave off competitive threats and secure access to new markets and customers. William Batiste, Chairman of Argea and former North American Head of Business Process Outsourcing (BPO) for PriceWaterhouseCoopers (PwC), said "Outsourcing and offshoring are a corporation's answers to globalization. The better a company does at mastering offshore outsourcing, the greater the business advantages it gains." For a growing number of companies in highly competitive industry sectors, outsourcing and offshoring is no longer viewed as an option, but rather as an imperative. But decision-makers in US companies need to be well-informed about risks and opportunities before launching outsourcing and offshoring initiatives. Ram Iyer said "We have found, from working with clients - and from an international survey we conducted in 2004 - that companies embarking on outsourcing and offshoring repeat the mistakes of others, across industries and company sizes. Leveraging the knowledge of experienced practitioners will dramatically improve the outcomes of these projects. The Conference Board is performing a much-needed service in guiding companies on how to think it through." About The Conference Board Web Seminar About Argea Argea |