Peoplesupport Founder David Nash Forms OutSource Global

New Company Offers the World's First Virtual Outsourced Workforce (VOW)


SANTA MONICA, Calif., Sept. 12, 2000 (PRIMEZONE) -- Dave Nash, Co-Founder and former CEO of Peoplesupport.com, a leading Web-based customer support company, today announced the formation of OutSource Global. The new company uses state-of-the-art networking and communcations technology to address the chronic need for highly skilled programming, network administration and accounting professionals.

OutSource Global harnesses several important trends: the power of the Internet, technological advances in secure networking platforms, significant reductions in telecommunications costs, and a paradigm shift in the way in which people want to work. OutSource Global will match and manage an unlimited number of qualified, home-based workers, and a range of mid-level IT, accounting, design and back-office projects. The home-based workers, or 'Webcommuters,' form the backbone of a totally new model in outsourcing: the Virtual Outsourced Workforce or VOW. The VOW offers companies significant time and cost benefits.

The VOW combines the elements of a staffing company and an outsourcing company with the Internet to provide businesses with cost-effective staffing and management solutions. The VOW will use the Internet as a delivery vehicle to provide a virtual labor force comprised of Webcommuters to companies urgently in need of support.

"As the CEO of a rapidly growing company I was acutely aware of the challenges companies face finding qualified staff, especially mid-level professionals to handle projects. I also noted a fundamental change in work style preferences and quickly recognized that there was an untapped pool of highly skilled mid-level IT, accounting and back-office professionals that wanted to work from home. By using recent advances in secure networking and the cost efficiencies offered by the decreasing cost of connectivity, there is no longer a need for the professional to travel to the work; the work can easily, and most importantly `cost effectively,' be sent to them. Our message is simple -- `There is no workplace like home.'"

OutSource Global supplies it clients with handpicked teams of highly qualified professionals. At the outset, OutSource Global and the client work together to develop a project specification. A team is then assembled from OutSource Global's extensive database of qualified professionals. Unlike other outsourcers, OutSource Global manages the entire process ensuring on-time, on-budget work of the highest quality.

PeopleSupport was founded in early 1998. During Nash's tenure as CEO the company grew to over 400 employees and raised over $80mm from leading investors including Idealab Capital partners, Accel and Benchmark. A proven CEO with excellent operational experience, Nash is credited with pioneering the combination of people plus technology in the outsourcing environment.

For more information please visit the company's Website at www.outsourceglobal.com



            

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