Consultancy Firm Everest Group Opens Amsterdam Office to Meet Growing European Companies' Adoption of Outsourcing Solutions

Everest Group today announced the opening of an office in
Amsterdam to meet the needs of its growing continental European client
base. The Amsterdam location is a natural progression for Everest as
the company supports the extensive growth of European corporations'
adoption of outsourcing solutions including Business Processing
Outsourcing (BPO), Information Technology Outsourcing (ITO), Human
Resource Outsourcing (HRO) and Finance & Accounting Outsourcing (FAO).

"Everest Group sees rising demand in continental Europe for
sourcing and operations strategy consultancy," said Everest's CEO,
Peter Bendor-Samuel. "We will continue to respond to client needs by
opening offices to allow us to better serve clients in various
European locations. Amsterdam is a great central location for commerce
and home to some of the world's largest chemical and energy companies,
financial institutions, pharmaceuticals and manufacturing firms."

As one of the world's leading authorities and early pioneers of
sourcing consultancy to Fortune 100 global companies, Everest's
Amsterdam office will serve as the hub for the Benelux Region. "We
already have a substantial client base in Benelux that we are serving
from our London office," said Stephen Dunn, Everest's Managing
Principal for Europe. "Our Amsterdam office will allow us to recruit
locally and develop and deliver business regionally."

"We have seen a developing trend for global and pan-European
companies, especially Financial Services firms, to increase their use
of outsourcing, offshoring and near-shoring to reduce their cost
bases," said Darryl Conley, who heads Everest's Financial Services
practice in Europe. "There is no longer any doubt in the market as to
the effectiveness of labor arbitrage and the need to incorporate this
lever into a company's operations strategy."

Founded in 1991, Everest Group was a pioneer of the
sourcing/outsourcing consulting category. Everest continues to grow
and serve its clients from offices in Dallas; New York; London;
Toronto; Melbourne; Gurgaon, India; and other international cities
including Amsterdam.

For contact information regarding Everest Group's Amsterdam
office, please visit http://www.everestgrp.com/ContactUs.

About Everest Group

Everest Group is a global operational strategy consulting firm
with offices in such leading business centers as Dallas, Gurgaon,
London, New York, Toronto and Melbourne. An industry leader since 1991
when we created the sourcing consulting category, Everest Group has
earned a worldwide reputation for ongoing innovation as we help
clients achieve maximum value from their operations, which includes
sourcing strategy and implementation. Everest created the Everest
Research Institute (www.everestresearchinstitute.com) as the central
source of industry information. Please visit www.everestgrp.com and
www.everestresearchinstitute.com for more information.