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UST Global Announces the Opening of a New Office in the Philippines

Wednesday November 14 1:50 AM

UST Global(SM), a leading provider of IT services and Business Process Outsourcing (BPO) solutions for Global 2000 enterprises, announced today that Dan Gupta, Chairman and CEO of UST Global, met recently with Philippine President Gloria Arroyo in New York. They discussed the November 2007 opening of the new UST Global office in Makati City, Metro Manila, Philippines that will provide software development and maintenance services in support of several Global 2000 clients. The company began offering software development services in the Philippines in April 2007.

The Makati City office will provide additional services for its global clients in the areas of:

-- ERP (include SAP, Oracle, PeopleSoft, Lawson and JD Edwards)

-- Infrastructure services

-- Business Process Outsourcing (including finance and accounting, mortgage processing, loans processing and credit card services)

"The culture and values of the Philippine people very much aligns with those of UST Global. The country has a well-educated workforce familiar with U.S. and Western European business practices, English language proficiency, an excellent communications infrastructure throughout the country and a business-friendly environment which encourages innovation and technology," said Dan Gupta, chairman and CEO, UST Global. "Our new operation in Makati City is another milestone in the history of UST Global in our quest to become one of the premier global providers in the IT and BPO service industry."

Over the past several years the Philippines has been consistently rated as a viable IT and business process outsourcing destination. It has a college-educated labor force, a competitive wage structure, business-oriented government and generous business incentive packages that include multi-year tax holidays and exemptions.

The new office is located at:

24th Floor, Yuchengco Tower, RCBC Plaza
6819 Ayala Avenue
Makati City
Philippines
Phone: +632 757.4888

About UST Global

UST Global(SM) is a leading provider of end-to-end IT services and BPO solutions for the Global 2000 market. UST Global offers a client-centric Global Engagement Model that provides the optimal mix of senior local resources with the cost, scale and quality advantages of offshore operations for each client. The company is known for its relentless focus on clients, flexibility, and commitment beyond contract. Headquartered in Aliso Viejo, California, UST Global has more than 5,000 employees worldwide and is certified globally as CMMI(R) Level 5, P-CMM(R) Level 5, and ISO 27001. For more information visit: www.ust-global.com.

Contact:

UST Global
Jaci Robbins, 949-600-5597
jaci.robbins@ust-global.com

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