Newgen Results Corp – ‘425’ on 11/20/00 re: Teletech Holdings Inc

On:  Monday, 11/20/00, at 8:52pm ET   ·   As of:  11/21/00   ·   Accession #:  912057-0-51012   ·   File #:  1-11919

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Business-Combination Transaction Communication   —   Rule 425
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 425         Business-Combination Transaction Communication         2     16K 

425
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Filed by Newgen Results Corporation pursuant to Rule 425                        
under the Securities Act of 1933 and Rule 14a-12                                
under the Securities Exchange Act of 1934                                       

Subject Company: Teletech Holdings, Inc.                                        

Commision File Number: 333-47432.                                               

INVESTORS ARE URGED TO READ THE VARIOUS FILINGS OF TELETECH HOLDINGS, INC.      
AND NEWGEN RESULTS CORPORATION THAT HAVE BEEN FILED WITH THE SECURITIES AND     
EXCHANGE COMMISSION WITH RESPECT TO THE PROPOSED MERGER TRANSACTION BETWEEN A   
WHOLLY OWNED SUBSIDIARY OF TELETECH HOLDINGS, INC. AND NEWGEN RESULTS           
CORPORATION, INCLUDING THE PROXY STATEMENT/PROSPECTUS/REGISTRATION STATEMENT    
THAT WAS FILED WITH RESPECT TO THE PROPOSED TRANSACTION, BECAUSE THEY CONTAIN   
IMPORTANT INFORMATION. THE SECURITIES AND EXCHANGE COMMISSION FILINGS ARE       
AVAILABLE TO THE PUBLIC FREE OF CHARGE AT THE SECURITIES AND EXCHANGE           
COMMISSION'S WEB SITE AT HTTP://WWW.SEC.GOV. INVESTORS CAN ALSO OBTAIN FREE     
COPIES OF THE DOCUMENTS RELATING TO NEWGEN RESULTS CORPORATION BY CONTACTING    
INVESTOR RELATIONS, NEWGEN RESULTS CORPORATION, 12680 HIGH BLUFF DRIVE, SUITE   
300, SAN DIEGO, CALIFORNIA, 92130, (858) 451-7545.                              

[LETTERHEAD]

Contacts:                                                                       

                                                        [Enlarge/Download Table]

                                                                                                   
ERIKA BARNES, TELETECH    SAM SIMKIN, NEWGEN                   KRIS OTRIDGE (ANALYSTS)             
Investor Relations        Snr. VP and Chief Operating Officer  Lippert/Heilshorn & Associates, Inc.
720-947-6390              858-481-7545                         415-433-3777                        
erikabarnes@teletech.com  ssimkin@ngresults.com                kris@lhai-sf.com                    


 TELETECH AND NEWGEN RESULTS ANNOUNCE RECEIPT OF
REGULATORY APPROVALS

- NEWGEN RESULTS CORPORATION SHAREHOLDER MEETING SET -

DENVER, COLO. AND SAN DIEGO, CALIF., NOVEMBER 20, 2000 - TeleTech (Nasdaq:      
TTEC), one of the fastest growing global providers of customer management and   
B2B infrastructure services, and Newgen Results Corporation (Nasdaq: NWGN) today
announced that the companies have received all regulatory approvals required to 
complete TeleTech's acquisition of Newgen before the end of the year.           

The merger requires a Newgen stockholder vote, which has been scheduled for     
December 20, 2000. Proxy materials are expected to be mailed to all Newgen      
stockholders beginning today. The acquisition is expected to close immediately  
following the stockholder meeting.                                              

On August 22, 2000, TeleTech Holdings, Inc. (Nasdaq: TTEC) announced a          
definitive agreement to acquire Newgen for approximately $200 million in a      
stock-for-stock exchange accounted for as a pooling of interests. Following     
TeleTech's planned acquisition of Newgen, Newgen will operate as an independent 
entity within TeleTech Companies Group.                                         

TELETECH PROFILE                                                                
Founded in 1982, TeleTech is the leading provider of integrated,                
eCommerce-enabling customer relationship management solutions (eCRM) for global 
organizations predominantly in the telecommunications, financial services,      
technology, government and transportation industries. TeleTech has operations in
eleven countries which include Argentina, Australia, Brazil, Canada, China,     
Mexico, New Zealand, Singapore, Spain, the U.K. and the U.S. TeleTech's eCRM    
capabilities, including B2B electronic channel management and database          
management, help companies inform, acquire, service, grow and retain their      
customers throughout the entire relationship lifecycle. Its innovative customer 
interaction platform, CyberCare, integrates the full spectrum of voice and      
Internet communications, including custom e-mail response, "chat" and extensive 
Web co-browsing capabilities. Through 44 customer interaction centers in the    
Americas, Europe and Asia, TeleTech couples high-velocity e-infrastructure      
service deployment with premier quality e-customer relationship management to   
assure our clients unparalleled success in acquiring, retaining and growing     
customer relationships. Information regarding TeleTech Holdings can be found on 
the Worldwide Web at http://www.teletech.com.                                   

NEWGEN RESULTS PROFILE                                                          
Newgen Results Corporation is a leading business-to-business application service
provider specializing in customer-relationship management (CRM) and e-CRM for   
the automotive industry. The Company combines marketing and customer retention  
with an in-depth knowledge of service department operations to deliver highly   
targeted and customized solutions to the automotive community. Newgen currently 
supports over 5,000 auto dealerships nationwide and maintains relationships with
leading automotive companies and dealers groups including Audi, BMW, Ford,      
General Motors, Infiniti, Jaguar, Kia, Mitsubishi, Nissan, Saab, Volkswagen,    
Volvo, plus AutoNation and CarMax Auto Superstores.                             

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425
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2 2 2 TELETECH AND NEWGEN RECEIVE REGULATORY APPROVALS                          

FORWARD LOOKING STATEMENTS                                                      
All statements not based on historical fact are forward-looking statements that 
involve substantial risks and uncertainties. In accordance with the Private     
Securities Litigation Reform Act of 1995, following are important factors that  
could cause TeleTech's actual results to differ materially from those expressed 
or implied by such forward-looking statements: difficulties and unforeseen costs
may arise in the integration of TeleTech's and Newgen's operations and marketing
efforts, which could adversely affect revenue and results of operations;        
compatibility and potential integration difficulties between the operating      
systems, software or hardware of TeleTech and Newgen could adversely impact     
TeleTech's operations; and TeleTech's ability to penetrate new markets,         
including but not limited to TeleTech's ability to continue expansion into the  
electronic channel management space generally may be adversely affected by      
integration efforts, customer interest and delays in technology development.    
Readers are encouraged to review TeleTech's 1999 Annual Report on Form 10-K and 
Quarterly Reports on Form 10-Q, for first, second and third quarters 2000, which
describe other important factors that may impact TeleTech's business, results of
operations and financial condition. TeleTech, Newgen and their respective       
executive officers and directors may be deemed to be participants in the        
solicitation of proxies from Newgen stockholders with respect to the            
transactions contemplated by the Merger Agreement. Information regarding        
TeleTech, TeleTech's officers and directors, including beneficial ownership     
information, is included in TeleTech's Annual Report on Form 10-K for the year  
ended December 31, 1999 filed with the SEC on March 29, 2000. This document is  
available free of charge at the SEC web site (http://www.sec.gov) and from      
TeleTech. Information regarding Newgen, Newgen's officers and directors is      
included in Newgen's Annual Report on Form 10-K for the year ended December 31, 
1999 filed with the SEC on March 30, 2000. This document is available free of   
charge at the SEC web site (http://www.sec.gov) and from Newgen. This news      
release shall not constitute an offer of any securities for sale. TeleTech and  
Newgen will prepare and file a Proxy Statement/Prospectus with the Securities   
and Exchange Commission. Copies of that document will be provided to Newgen's   
stockholders. In addition, that document and other relevant documents concerning
the transaction will be filed with the SEC and copies will be available free of 
charge from the SEC's web site (http://www.sec.gov) and from TeleTech and       
Newgen. The Proxy Statement/Prospectus will contain important information, and  
stockholders of Newgen are urged to read it once it becomes available. All      
stockholders of Newgen should read the Proxy Statement/Prospectus carefully when
it becomes available before making any voting or investment decisions.          

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘425’ Filing		Date		First		Last			Other Filings
		12/20/00		1					8-K,  S-8
Filed as of:		11/21/00
Filed on:		11/20/00		1					425
		8/22/00		1					8-K
		3/30/00		2					10-K405
		3/29/00		2					10-K
		12/31/99		2					10-K,  10-K405
									List all Filings