LONDON, Apr 06, 2009 (MARKET WIRE via COMTEX) -- WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
business process outsourcing (BPO) services, today announced that WNS
Assistance ("WNSA"), a WNS group company specializing in insurance
claims management, has entered into a contract with UK-based
Automobile Association ("AA") Accident Management.
Under the terms of the relationship, the AA will use WNSA's
custom-built claims software, repair management and engineering,
channeling accident repairs for its car, van and truck fleet
customers through WNS's 300+ contracted network repairers.
The terms of the agreement ensure that the AA will continue to deal
directly with all of its fleet customers while benefiting from WNSA's
workflow software, repair management expertise and buying power.
"This agreement enables AA accident management customers to not only
tap into industry-leading motor claims software and supply chain
technology, but also a significantly expanded national network of
leading body shops, while at the same time benefiting from the
expertise of the AA," explained David Bartlett, head of accident
management at AA Business Services. "Our customers will continue to
enjoy the close personal relationships and experiences currently
enjoyed through our Cheadle operation that we have always offered
under the AA brand."
"WNSA is delighted to be associated with AA Accident Management, a
recognised brand in this market," said Tim Rankin, WNS Assistance
Managing Director. "We are pleased to offer AA's customers access to
our leading edge technology, expertise and network of vehicle
repairers in what we believe is a unique industry deal."
WNS is a leading global business process outsourcing company. Deep
industry and business process knowledge, a partnership approach,
comprehensive service offering and a proven track record enable WNS to
deliver business value to some of the leading companies in the world.
WNS is passionate about building a market-leading company valued by
our clients, employees, business partners, investors and communities.
For more information, visit www.wns.com.
Safe Harbor Statement under the provisions of the United States
Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements, as defined in
the safe harbor provisions of the US Private Securities Litigation
Reform Act of 1995. These forward-looking statements include
statements regarding our pending prepayment and scheduled payment on
our loan facility as well as potential prepayment on the loan
facility in the future. These statements involve a number of risks,
uncertainties and other factors that could cause actual results to
differ materially from those that may be projected by these forward
looking statements. These risks and uncertainties include but are not
limited to technological innovation; telecommunications or technology
disruptions; future regulatory actions and conditions in our
operating areas; our dependence on a limited number of clients in a
limited number of industries; our ability to attract and retain
clients; our ability to expand our business or effectively manage
growth; our ability to hire and retain enough sufficiently trained
employees to support our operations; negative public reaction in the
US or the UK to offshore outsourcing; regulatory, legislative and
judicial developments; increasing competition in the business process
outsourcing industry; political or economic instability in India, Sri
Lanka and Jersey; worldwide economic and business conditions,
including a slowdown in the US and Indian economies and in the
sectors in which our clients are based and a slowdown in the BPO and
IT sectors world-wide; our ability to successfully grow our revenues,
expand our service offerings and market share and achieve accretive
benefits from our acquisition of Aviva Global Services Singapore
Private Limited and our master services agreement with Aviva Global
Services (Management Services) Private Limited; our ability to
successfully consummate strategic acquisitions, as well as other risks
detailed in our reports filed with the US Securities and Exchange
Commission. These filings are available at www.sec.gov. We may, from
time to time, make additional written and oral forward-looking
statements, including statements contained in our filings with the
Securities and Exchange Commission and our reports to shareholders.
You are cautioned not to place undue reliance on these
forward-looking statements, which reflect management's current
analysis of future events. We undertake no obligation to publicly
update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.
VP -- Investor Relations
WNS (Holdings) Limited
+1 212 599-6960 ext. 241
+ 0117 925 5172