Convergys Corporation Signs Contract To Provide Global Human Resources Services to Johnson & Johnson Services, Inc.
May 29, 2007
(Cincinnati; May 29, 2007) - - - Convergys Corporation (NYSE: CVG), a global leader in customer care, human resources, and billing services, announced today that it has signed a 10-year agreement with Johnson & Johnson Services, Inc. to provide a variety of human resources (HR) services.
Convergys expects this contract to generate revenues of approximately $1 billion over its 10-year duration. This agreement is expected to have a significant impact on Convergys’ revenue and earnings beginning in early 2009.
About Convergys
Convergys Corporation (NYSE: CVG) is a global leader in relationship management. We provide solutions that drive more value from the relationships our clients have with their customers. Convergys turns these everyday interactions into a source of profit and strategic advantage for our clients.
For more than 30 years, our unique combination of domain expertise, operational excellence, and innovative technologies has delivered process improvement and actionable business insight to marquee clients all over the world.
Convergys has approximately 65,000 employees in 68 customer contact centers and other facilities in the United States, Canada, Latin America, Europe, the Middle East, and Asia, and our global headquarters in Cincinnati, Ohio. For more information, visit www.convergys.com
(Convergys and the Convergys logo are trademarks of Convergys Corporation.)
Contacts:
Business and Financial Media -- John Pratt
+1 513 723- 3333 or john.pratt@convergys.com
Trade Media -- Patricia Johnson
+1 954 236 5129 or patricia.c.johnson@convergys.com
