Stream Global Services Announces Strategic Sales and IT Positions

BOSTON, Aug. 12 /PRNewswire-FirstCall/ -- Stream Global Services, Inc. (formerly Global BPO Services Corp.) (Amex: OOO) ("Stream") today announced the appointment of Robert Dechant as Executive Vice President of Sales and Marketing and Robert Mercer as Chief Information Officer.

In this role, Dechant will be responsible for all global sales, marketing, and business development activities in the company. He will provide leadership for the company's go-to-market strategy and be responsible for the growth of revenues through both existing and new business. Bob will be based in our Boston, Massachusetts location.

Dechant has more than 25 years of experience in strategic sales, marketing, and client management with companies such as IBM, Convergys, and 3Com Corporation. Additionally, from 1997 to 2003, he held several key leadership positions at Stream including chief operating officer and senior vice president of sales and marketing.

"Bob is by far the top client management executive in the industry, and I am delighted he has agreed to re-join Stream to lead our sales and marketing efforts," said Scott Murray, Chairman and Chief Executive Officer of Stream Global Services. "His leadership skills will strengthen an already great sales, marketing, and business management team."

Stream also announces today that Robert Mercer will continue to lead Stream's global technology interests as the company's chief information officer. Stream's technology programs have thrived under Mercer's leadership and the company is poised to continue its investments in technology and further enhance its IT initiatives.

"Bob's track record is exceptional," added Murray. "We have an IT team at Stream with outstanding leadership that will enable Stream to continue its growth and expansion to meet not only the needs of existing clients and prospects but enable us to expand our global markets with leading technology initiatives. Bob will continue to be based in our Richardson, Texas location."

Mercer has over 30 years in IT leadership roles and prior to joining Stream, he served as chief information officer at Software Spectrum for nine years.

     For more information contact:

     Katherin Dockerill
     SVP Marketing and Business Strategy
     469-624-5030
     Katherin.Dockerill@Stream.com

About Stream Global Services, Inc. (formerly known as Global BPO Services Corp.)

Global BPO is now known as Stream Global Services, Inc. (SGS) and trades publicly on the American Stock Exchange. SGS is a leading provider of complex technical support and other business process outsourcing services such as Web and data hosting, customer retention and recovery services, warrant support and professional services for Fortune 1000 clients in the technology, software, computing, consumer electronics, media and communications sectors. SGS has over 16,000 technical experts and other employees located in 30 service provider centers across over 16 countries.

Forward-looking Statements

This communication contains "forward-looking statements" which represent the current expectations and beliefs of SGS management, future events and their potential effects on SGS. The statements, analyses, and other information contained herein, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," and other similar expressions, are forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future results and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Those factors include, without limitation: (1) the ability to successfully combine the businesses of SGS and Stream; (2) operating costs and business disruption following the acquisition, including adverse effects on relationships with employees; (3) changes in the stock market and interest rate environment that affect revenues; (4) the ability of Stream to retain its existing customers and attract new customers following the closing; (5) retention of key employees following closing; (6) general economic conditions such as inflation or recession; (7) general political and social conditions such as war, political unrest and terrorism; (8) ability to maintain or increase billing and utilization rates; (9) success of expansion internationally; (10) competition; (11) ability to move the product mix into higher margin businesses; (12) operating Stream as a public company; (13) healthcare and benefit cost management; and (14) currency fluctuation and exchange rate adjustments. The foregoing is intended only to identify certain of the principal factors that could cause actual results to differ from those discussed in the forward-looking statements. Readers are referred to the reports and documents filed from time to time by us and to be filed in the future by us with the Securities and Exchange Commission for a discussion of these and other important risk factors that could cause actual results to differ from those discussed in forward-looking statements to reflect subsequent events or circumstances.

SOURCE Stream Global Services, Inc.