Access Worldwide Mourns the Death of Director Orhan Sadik-Khan
07 August 2007 - 5:10AM
PR Newswire (US)
ARLINGTON, Va., Aug. 6 /PRNewswire-FirstCall/ -- Access Worldwide
Communications, Inc. (OTC:AWWC) (BULLETIN BOARD: AWWC) , was sadden
by the passing of Orhan Sadik-Kahn, a director of the Company on
August 1, 2007. Mr. Sadik-Kahn served as director of the Company
since July 2002. Orhan Sadik-Khan, 77, was the Chairman of the
Audit Committee and a member of the Compensation Committee of the
Company. Mr. Sadik-Khan was a Managing Director of UBS PaineWebber,
Inc., a wealth management company, and after his retirement he
rejoined ADI Corporation, a private equity firm which he had
founded 25 years earlier. For 13 years, Mr. Sadik-Khan worked at
Norton Simon, Inc., a multinational consumer products and services
company, as Senior Vice President and Head of Corporate
Development. Mr. Sadik-Khan was also a founding shareholder of
Nextel Communications, Inc., a nationwide provider of mobile
telecommunications services. "The Company, the Board, and I will
miss Orhan very much. Orhan was an invaluable member of our board
for the past 5 years. His remarkable experience, insight, judgment
and sense of humor will be greatly missed" said Shawkat Raslan,
Chairman, President and Chief Executive Officer of Access
Worldwide. "We extend our deepest condolences and sympathy to his
family." About Access Access Worldwide Communications, Inc.
(OTC:AWWC) (BULLETIN BOARD: AWWC) , is a leading business process
outsourcing ("BPO") services company that offers customer
management and other BPO services from its offices in the United
States and the Philippines. Headquartered in Arlington, Virginia
and with approximately 1,000 employees worldwide, Access supports
clients in a variety of industries, including financial services,
technology, telecommunications, consumer products, healthcare and
Media. More information is available at http://www.accessww.com/.
Important Notice This press release contains forward-looking
statements. Such statements involve known or unknown risks,
uncertainties and other factors that may cause the actual results
to differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements, include, but are not limited to, the
following: our ability to continue as a going concern if we are
unable to generate cash flow and income from operations;
competition from other third-party providers and those clients and
prospects who may decide to do work in-house that we currently do
for them; our ability to successfully operate our facilities in the
Philippines; potential consumer saturation reducing the need for
services; our ability and clients' ability to comply with state,
federal and industry regulations; our reliance on a limited number
of major clients and the reduction in services performed for or the
loss of one or more major clients; our ability to develop or fund
the operations of new products or service offerings; our reliance
on technology; our reliance on key personnel and labor force and
our ability to recruit additional personnel. For a more detailed
discussion of these risks and others that could affect results, see
our filings with the Securities and Exchange Commission, including
the risk factors section of Access Worldwide's Annual Report on
Form 10-K for the year ended December 31, 2006 filed with the
Securities and Exchange Commission. The Company assumes no duty to
update any forward-looking statements. DATASOURCE: Access Worldwide
Communications, Inc. CONTACT: Mark Wright of Access Worldwide
Communications, Inc., Investor Relations, +1-703-292-5210, Web
site: http://www.accessww.com/
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