Freeborders Named Among the 2010 Global Services 100


San Francisco, CA – August 12, 2010Freeborders, Inc., a global provider of consulting, technology and outsourcing solutions to financial services and Internet based businesses, today announced that the company was recognized as one of the 2010 Global Services 100 by Global Services and NeoAdvisory.

Now in its 5th year, the annual Global Services 100 study identifies leading service providers based on management excellence, customer maturity, global delivery maturity, and breadth of services. A panel of experts from Global Services and NeoAdvisory used a weighted scoring scheme to identify the top 100 global services providers.

“We are honored to be included in the 2010 Global Services 100,” said Jean Cholka, CEO at Freeborders, “It validates our approach that combines vertical industry insights, innovative and integrated technology solutions as well as a high-quality global delivery model. It also shows our commitment to develop world-class business solutions for our clients to help them grow and become more competitive.”

“2009 was a tough year for the outsourcing industry. Service providers in the GS100 list are typified by their resilience to weather the economic downturn, the ability to retain market leadership, and the flexibility to play by the changed rules of the industry,” said Ed Nair, Editor at Global Services.

Atul Vashistha, Chairman at NeoAdvisory, added: “There is a recognition in large companies that outsourcing as a means to reduce costs has had its time; these companies are increasingly looking at service providers being able to make their operations more effective globally and even to transform key areas of their business. The GS100 companies are the ones who are delivering on these fronts and are equipped to demonstrate new forms of value in outsourcing to their clients.”

Freeborders’ CEO Jean Cholka will join the upcoming GS100 Study Webinar hosted by Global Services and NeoAdvisory on August 19, 2010, to discuss China’s role in the global outsourcing market.

About Global Services and GS100
Global Services, a media platform by CyberMedia, serves the global ITO and BPO industry through quality content, research, services, and marketing solutions. A multi-shore team spanning the U.S.A. and India drives the Global Services brand. The Global Services brand is an integrated media platform that includes the website globalservicesmedia.com, conferences, research, webinars, e-magazines, custom publishing, and various other content delivery formats. GS100 is the annual survey and analysis of the global ITO-BPO industry done by Global Services in association with NeoAdvisory. The survey recognizes service provider excellence and maturity to serve the global market. The GS100 is a benchmark in the global ITO and BPO industry because of its rigorous methodology, exhaustive coverage, and value to the services buyer community.

About NeoAdvisory
Neo Advisory is a consulting and advisory firm that enables organizational transformation by leveraging outsourcing and globalization, while ensuring that their clients become “Great Globalizers”. Through a blend of consulting and implementation, backed by a robust knowledge database and hands on experience of consultants, NeoAdvisory provides objective and actionable advice and help clients to truly leverage Globalization and Outsourcing. The company provides consulting and advisory services in globalization, sourcing, vendor management, transition management, performance management, and governance.

About Freeborders
Founded in 1999, Freeborders helps financial services, Internet services and retailing companies solve the most complex business challenges. The company provides global consulting, technology and outsourcing services through an integrated China to US delivery model. Freeborders enables clients to cost-effectively adapt their business infrastructure to market opportunities and changes, offering deep domain expertise, innovative thinking and strategic execution. Headquartered in San Francisco, the company has offices in London, Hong Kong, Kuala Lumpur, Shenzhen, and Wu Xi. To learn more, visit www.freeborders.com.

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