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Coracall CEO Comments on US Election Results

The recent re-election of President Barack Obama marks a period of change for the United States according to Coracall CEO, Mr Phil Lightfoot.

PRLog - Nov. 15, 2012 - NEWARK, U.K. -- The recent re-election of President Barack Obama marks a period of change for the United States according to Coracall CEO, Mr Phil Lightfoot. As leading BPO and Call Center Company with operations in the United Kingdom, South Africa, and the Philippines, Coracall has a number of clients headquartered in the United States.

Commenting on the recent election results, Mr Lightfoot said, “Whilst President Obama was re-elected with a resounding victory, the popular vote was split at almost 50/50. This indicates that voters of America are clearly expecting a new direction with respect to the fiscal crisis and job creation. It will be an enormous challenge moving forward.”

When questioned about the backlash about outsourcing, Mr Lightfoot replied, “We believe that there is a lack of awareness around outsourcing and offshoring and do not subscribe to the misnomer that these activities lead to an erosion of the job market. In our experience shifting non-core work to a lower cost base, actually leads to companies being able to focus on growing their business thereby resulting in greater profitability and job creation. We remain positive about the recent events in the United States and look forward to further expanding our customer base there.”

About Coracall

For further information please contact:

Investor Relations

Coracall

Barnby House
Barnby Gate
Newark
Nottinghamshire
NG24 1PZ

inquiry@coracall.com

www.coracall.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, as a result of either the matters set forth or incorporated in this report generally or certain economic and business factors, some of which may be beyond the control of Coracall. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital to support operations and projections of revenues and profitability. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.

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Source:Coracall Limited
Phone:08455 199131
Zip:NG24 1PZ
Location:Newark - Nottinghamshire - United Kingdom
Industry:Telecommunications
Tags:South Africa BPO, USA BPO
Shortcut:prlog.org/12023873
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