Access Worldwide Communications Inc.
Access Worldwide () is a premier business process outsourcing |BPO| and marketing company that offers a variety of communication, backoffice and IT solutions and services. AWWC operate multiple businesses with varying areas of expertise but remain focused on impacting sales providing cost effective solutions and introducing innovation.
Key Locations
Access Worldwide currently operates three state-of-the-art communications centers worldwide. The centers are strategically located to take advantage of significant labor pools supporting many of the various languages spoken in the U.S.
- Arlington, VA
- Augusta, ME
- Manila, Philippines
E*Trade Financial Purchase
A Common STOCK Purchase Agreement between the AWWC and E*TRADE Financial Corporation , was completed in January 17, 2008. E*Trade acquired on that date beneficial ownership of 5,778,120 shares of the AWWC's common stock, par value $0.01 (“Common Stock”). In exchange for such securities, E*trade paid AWWC $3,000,000 in cash at a price per share of approximately $0.52.
Contracts, Arrangements, Understandings or Relations
As part of the transaction with E*TRADE, AWWC also entered into as of January 17, 2008 a voting agreement among E*TRADE, the Issuer and Shawkat Raslan, a director, which provided the director to vote his shares in favor of the selection of two (2) of E*TRADE’s director nominees. An Option to Purchase Agreement between E*TRADE and the Issuer providing E*TRADE the right to purchase assets of Access – Philippines upon default of the Issuer under some of the transaction documents. and an Amendment to its Master Services Agreement with E*TRADE dated June 1, 2005 providing for, among other things, an extension to the Master Services Agreement and price changes for services provided under the Master Services Agreement between the parties.
External links
- Official site
- Board of Directors
- Public Filings SEC filings at EDGAR Online
- Company Profile in LinkedIn
- Hoovers Information