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TechTeam Global Announces Contract Renewal with Deere & Company

SOUTHFIELD, Mich., May 11 /PRNewswire-FirstCall/ -- TechTeam Global, Inc., (Nasdaq: TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, announced today that it has renewed its service contract with Deere & Company through 2012.

Under the agreement, TechTeam will continue to provide help desk support, desktop support, security administration and technical staffing for Deere in North America, as well as technical staffing and help desk support for European locations. TechTeam provides outsourced IT support services for more than 50,000 Deere employees and suppliers across seventeen countries, responding to approximately 20,000 service requests each month in six languages.

Using global best practices and a model of continuous improvement, TechTeam has delivered consistent rapid response to incidents, proactive incident and problem reduction, and substantial cost savings for Deere over the past 10 years.

"We are pleased to continue our longstanding relationship with Deere & Company, and we are proud of our ability to provide agile and responsive IT support services for their operations across North America and Europe," said Gary J. Cotshott, president and chief executive officer of TechTeam Global, Inc. "As partners, TechTeam and Deere work closely together on an ongoing basis to drive continuous improvement, resulting in cost savings and improved user support on a global scale."

About TechTeam Global, Inc.

TechTeam Global, Inc. is a leading provider of IT outsourcing and business process outsourcing services to large and medium businesses, as well as government organizations. The company's primary services include service desk, technical support, desk-side support, security administration, infrastructure management and related professional services. TechTeam also provides a number of specialized, value-added services in specific vertical markets. Founded in 1979, TechTeam has nearly 3,000 employees across the world, providing IT support in 32 languages. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM." For more information, call 800-522-4451 or visit www.techteam.com.

Safe Harbor Statement

The statements contained in this press release that are not purely historical, including statements regarding the company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding, among other things, the potential impact of this contract on the company's revenue and earnings performance going forward. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, delays in the implementation of the business; changes in the customer's business or requirements thereof; difficulties in obtaining the customer's knowledge, procedures, or authorizations; and difficulties in providing the service solutions for the customer. The forward-looking statements included in this press release are based on information available to the company on the date hereof, and the company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission.

Contacts

SOURCE: TechTeam Global, Inc.
www.techteam.com

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