Premiere Global Services Launches Solution for Medicare PART D Prescription Drug Benefit Communications
Turn-Key Conferencing Solution Enables Businesses to Inform and Engage Employees about Enrollment, Eligibility and Expectations
ATLANTA, GA, October 02, 2005 -
Premiere Global Services, Inc. (NYSE: PGI), a global outsource provider of business process solutions, today announced an innovative conferencing solution for businesses to communicate effectively with employees about Medicare Part D, the new prescription drug program. This scalable, turn-key solution enables businesses to speed and streamline their communications with eligible employees and retirees worldwide.
Because 42 million people with Medicare could potentially be affected by Part D , Premiere Global is committed to simplifying the business process with highly scalable, hassle-free communication technologies that enable the most efficient transfer of information about the complicated program. To assist corporate-wide dissemination of corporate Part D communications, Premiere Global has rapidly designed and implemented full-service, operator-assisted conference calls for customers with the following critical features:
- Participants are able to submit questions when they register for the conference call, allowing organizers to consolidate and address issues that are important to participants.
- The conference format makes detailed benefits information easily accessible to a geographically distributed audience through the convenience of a phone call.
- Call content can be recorded and made available via replay, allowing participants to gain future clarification or access the call at a more convenient time.
The complexities of Medicare Part D have prompted employers to seek clear, accessible communications regarding policies and approaches for retirees and age-eligible employees. During the open enrollment period, which began November 15, 2005 and extends until May 15, 2006, businesses can continue to actively communicate using Premiere Global conferencing services and solutions.
The Medicare Part D application is the first of a suite of solutions Premiere Global is developing to help simplify the workflow of human resources professionals. These solutions are aimed at enabling HR teams to easily communicate important company programs and benefits to a wide range of constituents in a cost-effective manner.
"Our primary goal is to help valued customers streamline their business processes," said Ted Schrafft, President, Conferencing & Collaboration, Premiere Global Services, Inc. "We are pleased to quickly deliver a solution to help customers communicate with a broad range of geographically diverse retirees about this important and potentially confusing issue before retirees are overwhelmed with marketing materials. We plan to continue to enhance the suite of communication technologies-based solutions we offer them and our thousands of enterprise customers around the world through our commitment to innovation."
About Premiere Global Services, Inc.
Premiere Global Services, Inc., formerly Ptek Holdings, Inc., is a leading global provider of innovative business communications and data services. Customers use our ASP platform to conduct traditional and VoIP-based collaboration sessions and to process and deliver large quantities of individualized, business critical information. Premiere Global offers outsourced document delivery, data capture, alerts/notifications and campaign management solutions that automate customers' business processes and improve efficiency levels enterprise-wide. We also offer a full suite of conferencing solutions, including automated, operator-assisted and Web collaboration services that enable customers to communicate real-time via our advanced, open standards global conferencing platform.
Premiere Global serves more than 46,000 corporate accounts in nearly every business sector, throughout 18 countries worldwide. Our corporate headquarters is located at 3399 Peachtree Road NE, Suite 700, Atlanta, GA 30326. Additional information can be found at www.pgi.com.
# # #
Forward-looking and cautionary statements
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services' forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological change; the development of alternatives to our services; market acceptance of our new services and enhancements; integration of acquired companies; service interruptions; increased financial leverage; our dependence on our subsidiaries for cash flow; continued weakness in our legacy broadcast fax business; foreign currency exchange rates; possible adverse results of pending or future litigation or infringement claims; federal or state legislative or regulatory changes; general domestic and international economic, business or political conditions; and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited the "Risk Factors Affecting Future Performance" section of our Annual Report on Form 10-K for the year ended December 31, 2004. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.