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Saturday, July 26, 2003

Statement from Convergys CEO



The following is the text of the prepared statement from Convergys CEO James F. Orr following the vote on a $52.2 million incentive package by Cincinnati City Council Friday:

Convergys is committed to growing with the city of Cincinnati and we are pleased that Cincinnati City Council voted today to support our commitment to downtown Cincinnati.

The economic development package previously approved by the state of Ohio, and approved today by the city of Cincinnati, will enable us to locate and grow our global headquarters in the heart of a dynamic and diverse community that we feel is the kind of setting in which our employees can grow and contribute to the growth and success of Cincinnati.

It also represents a significant investment by Convergys in both the state and the city of Cincinnati.

This decision is good for Convergys, for downtown, for the neighborhoods and for the city of Cincinnati and it's people, the region and the state.

But perhaps most important of all, Convergys will continue to invest and do business where our employees live, work and raise their families.

Lastly, let me add that we are very grateful for the cooperation shown to us by Mayor Luken, City Manager Lemmie and her staff, City Council and the state. They worked diligently to provide a fair and comprehensive package to us and we are pleased to have reached this agreement.




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