Ulster County Executive Mike Hein Announces Up to 250 New Jobs as SourceHOV Locates Operations Within Ulster County

ULSTER, NY--(Marketwire - Dec 7, 2012) - Ulster County Executive Mike Hein and SourceHOV are pleased to announce SourceHOV will begin operations in Ulster County. SourceHOV has leased an operations center that spans 40,000 square feet on Boices Lane in the Town of Ulster. In addition to this new location, SourceHOV has existing New York State operations in Binghamton and New York City. 

SourceHOV will employ up to 250 employees at the new facility, with the capacity for future expansion. At this location, the company will provide tax return and remittance processing as well as electronic filing integration services for the New York State Department of Taxation and Finance Personal Income Tax program. The SourceHOV team in Ulster will include a management team made up of operations managers, supervisors, trainers, project specialists and team leaders as well as staff in the areas of information technology support, data entry and quality assurance clerks. The work will consist of document conversion and data capture of New York State personal income tax returns for approximately 11 million New Yorkers.

"I am extremely pleased that SourceHOV has chosen Ulster County for its expansion," said County Executive Mike Hein. "New jobs and investment in the county are very welcome, especially since we have such a skilled workforce in this area. Yet, in this case, it was a county tax decrease, great workforce and available location that tipped the balance in this decision. SourceHOV's relationship with Gateway Community Industries and the critical role that Gateway's Executive Director Françoise Dunefsky played as a business ambassador is what brought these jobs to Ulster County. That is why I am taking this opportunity to award the first ever 'Ulster County Executive's Business Ambassador Award' to Ms. Dunefsky in recognition of her unique and important role."

"I was honored to play a part in bringing these jobs to our community," said Gateway Industries President and CEO Françoise Dunefsky. "I am humbled to be the first recipient of County Executive Hein's Business Ambassador Award. While touched by the recognition, I must accept it on behalf of the Gateway staff. It is our mission to support individuals who face barriers to employment. The NYS Preferred Source program and the New York State Industries for the Disabled (NYSID) has assisted us to make this possible. I am thrilled that people looking for work will find meaningful employment during these difficult times."

"I am excited that County Executive Hein in conjunction with SourceHOV are announcing hundreds of new jobs in our community," said Jim Maloney, Chair of the Ulster County Legislature's Committee on Economic Development and Tourism. "This is a wonderful announcement anytime, but it is especially exciting just before the holidays in the Town of Ulster."

SourceHOV is a NYSID Preferred Source and Corporate Partner with Gateway Community Industries, Inc., a NYSID Member Agency. The purpose of this relationship is to develop business opportunities between Preferred Source agencies and private vendors to provide economic incentives for both parties and to create new integrated work opportunities for people with disabilities.

"SourceHOV looks forward to getting its new operation up and running in Ulster County," said Suresh Yannamani, President of SourceHOV's Business Process Services division. "We plan on a long and successful partnership with Gateway and we appreciate the truly special role that Gateway and Françoise Dunefsky have played in helping us find our newest location in New York."

SourceHOV is currently working with Ulster County's UlsterWorks OneStop to recruit its new workforce. To apply or for more information please visit www.ulsterworks.com, 845-340-3170. The company anticipates beginning operations in January 2013.

SourceHOV energizes its clients' success with total life cycle services for core functions within the healthcare, public sector, legal, banking and financial services and commercial industries. SourceHOV provides business process and knowledge process solutions as well as expert and operational consulting. The Company's offers are driven by technology and analytics that increase accuracy and efficiency while providing continual improvement and critical quantitative insight. SourceHOV has more than 12,500 employees globally and drives high-value business outcomes for leading organizations including more than half of the Fortune 100.