BOSTON, MA - May 18, 2009 - Stream Global
Services, Inc., (AMEX:OOO), today announced that it has signed
agreements with two warrant holders in privately negotiated
transactions to purchase 5.3 million of its publicly traded
warrants for $.20 per warrant. Stream has approximately 25,950,000
publicly held warrants that remain outstanding after this
transaction and are exchangeable into its common shares at a strike
price of $6.00 in cash delivered by the holder of each warrant to
Stream. These public warrants are not eligible for cashless
exercise treatment. The remaining publicly held warrants expire on
October 17, 2011, and if not exercised before that time, will be
worthless thereafter. Stream's publicly held warrants trade under
the symbol OOO.WS on AMEX.
Contact Information:
Nancy Finn
Global Marketing Communications
nancy.finn@stream.com
781-304-1846 About Stream Global Services
Stream Global Services is a premium business process outsource (BPO) service provider specializing
in customer relationship management including sales, customer care and technical support for Fortune
1000 companies. Stream is a trusted partner to some of the world's leading technology, computing,
telecommunications, retail, entertainment/media, and financial services companies. Our service programs
are delivered through a set of standardized best practices and sophisticated technologies by a highly
skilled workforce of approximately 30,000 employees based out of 50 solution centers in 22 countries
supporting more than 35 languages. Stream continues to expand its global presence and service offerings
to increase revenue, improve operational efficiencies and drive brand loyalty for its clients. To learn
more about the company and its complete service offering, please visit www.stream.com.
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