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05.04.07
StarTek Reports First Quarter 2007 Results

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Gross Margins Improve Sequentially; Makes Progress Toward New Plan

DENVER - May 4, 2007 - StarTek, Inc. (NYSE:SRT) today announced results for the first quarter of 2007. Revenue for the first quarter was $57.6 million, a decline of 2.5% from the fourth quarter of 2006, with a net loss of $0.2 million, or $0.01 per diluted share. Despite the decline in revenue, the company improved its gross margins and increased revenue from key clients.