Convergys Closes on Sale of its Human Resources Management Line of Business to NorthgateArinso

Convergys Corporation (NYSE: CVG), a global leader in relationship management, announces the successful closing of the sale of its Human Resources Management (HRM) line of business to NorthgateArinso, a leading global human resources software and services provider.

When the definitive sale agreement between the two companies was announced March 4, 2010, Convergys said this transaction represented a unique opportunity for Convergys' HRM clients and employees to become part of a larger, dynamically focused entity with a strong record of accomplishment in the HR services business. NorthgateArinso offered employment to the approximately 2,300 employees of Convergys' HRM line of business.

According to Convergys CEO and President Jeff Fox, "This transaction with NorthgateArinso also provided an opportunity for Convergys to focus our investments and efforts on growing our Customer Management and Information Management businesses."

With its global headquarters in the United Kingdom, NorthgateArinso is present in 35 countries on five continents delivering services in over 100 countries through a network of global Service Delivery Centers. NorthgateArinso's approximately 8,000 staff members serve more than 20 percent of the FORTUNE Global 500 companies, and it is one of the largest HR service providers in the world.