StarTek, Inc. Announces Management Change

Business Wire, Feb 19, 2005

DENVER -- StarTek, Inc. (NYSE:SRT) reported today that William E. Meade, Jr. has resigned as President and Chief Executive Officer of the company. Mr. Meade and the company's board of directors mutually agreed that a change in leadership is in the best interests of StarTek's stockholders, and Mr. Meade has tendered his resignation to the board to pursue other interests. Mr. Meade also resigned from his position as a director on the company's board.

The board of directors has appointed Steven D. Butler, StarTek's Executive Vice President, Chief Financial Officer, Secretary and Treasurer, as President and Chief Executive Officer on an interim basis. The board has also formed a special committee of its independent directors, chaired by Albert C. Yates, to initiate a search for a permanent Chief Executive Officer.

Company Profile

StarTek, Inc. is a leading provider of business process outsourced services, which consist of business process management and supply chain management services. StarTek provides services from seventeen operating facilities, including four in Colorado, five in Canada, two in Virginia and one each in Illinois, Louisiana, Oklahoma, Tennessee, Texas and Wyoming. The company's primary clients are in the telecommunications and computer software industries, and it also serves clients in the computer hardware, consumer products, cable TV, entertainment, utility, internet, and e-commerce industries. Please visit the company's website at www.startek.com.