HOV Services Awarded Placement on Global Services 100

TROY, Mich. – (March 3, 2008) – HOV Services, Ltd., a proven provider of business process outsourcing solutions announced today it has been awarded placement on the Global Services 100 list, which includes leading IT, BPO and Call Center organizations.  This honor places HOV Services in the top percentage of worldwide outsourcing service providers and distinguishes the company as one of the world’s most innovative organizations in its field.

The Global Services 100, now in its third year, is a compilation of the world’s most innovative service providers, selected on the basis of a research study conducted by neoIT and Global Services Media. This study honors the leading providers of business and technology services and is designed to enable buyers of business and technology services to short list the leading providers in key service-delivery areas. Judges from Global Services magazine team up with outsourcing experts at neoIT, a consulting firm that specializes in services globalization, to identify and evaluate the leading service providers located on four continents. The evaluation is based upon data provided by the service providers and third parties regarding effective operations, service offerings, client relationships and human capital.

"HOV Services' is excited to be recognized for a second consecutive year by Global Services Media and neoIT as a worldwide BPO leader," stated Suresh Yannamani, President and COO of HOV Services. "The Global Services 100 recognition demonstrates the continued excellence in service our customer base has come to expect. With the acquisition of LASON by HOV Services in 2007, culminating in the expansion of our global footprint, service capabilities and aggressive investment in technology, we look forward to continued growth and success as HOV migrates to a top tier provider of BPO and also Knowledge Process Outsourcing (KPO) solutions."

In addition to inclusion in the Top 100 list, HOV Services was further recognized as a top provider of Finance & Accounting Outsourcing (FAO) services. With a suite of F&A solutions, HOV Services delivers measurable Accounts Payable/Accounts Receivable, Accounts Receivable Management, Loan Processing, Content Management, and Risk Management business process improvements to over half of the FORTUNE 100®.

About HOV Services
HOV Services Limited one of the largest end-to-end BPO company headquartered in Pune, India provides Finance and Accounting services in the BFSI, Healthcare, Government, Telco, Publishing, Retail, Commercial and Industrial Manufacturing industries. Its clients include over 50 percent of the FORTUNE 100® and are some of the largest companies in the industries served. RightShore delivery centers strategically located in India, North America, China and Mexico with over 11,600 associates working together to Exceed Expectations® of our clients.

About Global Services
Global Services is an integrated media brand with a portfolio offering that includes a magazine, a website, events, a newsletter and customized solutions. The audience comprise of corporate professionals engaged in the sourcing and management of business and technology services across North America and Western Europe. Global Services is owned by CMP-CyberMedia LLC. The team is co-located in the United States and India.

About neoIT
neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalizationSM. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services. For more information, visit www.neoIT.com.