Forbes Magazine Selects StarTek, Inc. for 200 Best Small Companies; October 28, 2002 Issue Highlights the Winners

Business Wire, Oct 21, 2002

Business/High-Tech Editors

DENVER--(BUSINESS WIRE)--Oct. 21, 2002

StarTek, Inc. (NYSE:SRT), was chosen for Forbes Magazine's annual ranking of the 200 Best Small Companies.

Based on annual growth rate in sales and earnings, profitability, and relative stock price strength, the companies were ranked according to a combination of those scores.

A. Emmet Stephenson, Jr., Chairman of the Board, said, "We are particularly pleased with Forbes's recognition of our achievements. StarTek has compounded earnings per share at 27% over a recent 5-year period on revenue growth of 21% for that same period."

Bill Meade, President and CEO, added, "This recognition by Forbes Magazine is an honor and a reflection of the commitment by each team member at StarTek to meet and exceed client expectations."

The company was recognized in previous years in Fortune Magazine's 100 Fastest Growing Companies and Business Week's 100 Best Small Companies. StarTek is a member of the Standard & Poor's 600 Small Cap Index and the Russell 2000 Small Cap Index.

Company Profile

StarTek, Inc. headquartered in Denver, Colorado, combines two of today's most outstanding business opportunities -- our established position as a leading global provider of outsourced process management services and ownership interests in proprietary Internet web site businesses arising from a portfolio of world class brand Internet domain names. Our integrated outsourced process management services include provisioning management for complex telecommunications systems, high-end inbound technical support, E-commerce support and fulfillment, Internet support, and a comprehensive offering of supply chain management services. StarTek has six facilities in Colorado, three in Canada, and one each in Oklahoma, Tennessee, Texas, and Wyoming. The company's pan-European services are performed from its two facilities in the United Kingdom. The company's clients are in the software, technology, consumer products, Internet, E-commerce, and communications industries; however, we are also targeting financial services and health care companies. For more information about StarTek visit our web site at http://www.startek.com.