ATLANTA, Sept. 11, 2012 /PRNewswire/ -- PGi (NYSE: PGI), a global leader in virtual meetings for over 20 years, was included in America's 2012 Best Adoption-Friendly Workplaces List released by the Dave Thomas Foundation for Adoption for the second year in a row. Each year, the Foundation announces a list of employers with the best adoption benefits in the nation based on the maximum amount of financial reimbursement and paid leave for employees who adopt. This year, PGi was ranked number one in the communications and telecommunications industry.
"We are thrilled to receive the prestigious honor of being named a best adoption-friendly workplace," said Boland T. Jones, PGi founder, chairman and CEO. "Since our current benefits inception in 2006, PGi has helped 14 children find their way home through adoption. Helping our employees grow their families is an absolute joy, and we're extremely proud to assist in any way possible."
"As both a Benefits Manager and an adoptive parent, it means a great deal to me to offer this benefit for our workforce. We're helping our associates build forever-families, which is a wonderful thing to do," said Karrie Andes, Senior Benefits Manager.
More than 100,000 children in the U.S. foster care system are waiting to be adopted. Every year, nearly 30,000 children in foster care turn 18 and leave the system without families to call their own. The release of the sixth annual Best Adoption-Friendly Workplaces List helps the Foundation increase foster care adoption awareness while celebrating those businesses that support adoptive families. The top 100 rankings are featured in the September issue of Employee Benefit News, a SourceMedia publication that is the leading source of information for benefits decision makers.
Adoption benefits are one of the easiest benefit policies a company can offer and are becoming more popular. In Aon Hewitt's annual survey of 1,000 major U.S. employers, only 12 percent offered a financial adoption benefit in 1990. This year, 56 percent of employers reported offering a financial adoption benefit.
About Premiere Global Services, Inc. │ PGi
PGi has been a global leader in virtual meetings for 20 years. Our cloud-based solutions deliver multi-point, real-time virtual collaboration using video, voice and file sharing technologies. PGi solutions are available via desktops, tablets or mobile devices, helping businesses worldwide be more productive, mobile and green. PGi has a global presence in 25 countries and an established base of more than 35,000 enterprise customers, including 75% of the Fortune 100™. In the last five years, we have hosted more than 725 million people from 137 countries in over 165 million meetings. For more information, visit us at http://www.pgi.com.
About the Dave Thomas Foundation for Adoption
The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated to dramatically increasing the adoptions of the more than 134,000 children waiting in North America's foster care systems. Created by Wendy's® founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national signature programs, foster care adoption awareness initiatives and research-based advocacy efforts. To learn more, visit davethomasfoundation.org, or call 1-800-ASK-DTFA.
If your organization does not offer adoption benefits, order the Foundation's free kit that makes it easy to propose and establish an adoption benefits policy in your workplace at adoptionfriendlyworkplace.org.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services, Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes and the development of alternatives to our services; market acceptance of new cloud-based, virtual meeting services, including our iMeet® and GlobalMeet® services; our ability to attract new customers and to retain and further penetrate our existing customers; risks associated with challenging global economic conditions; price increases from our telecommunications service providers; service interruptions and network downtime; technological obsolescence and our ability to upgrade our equipment or increase our network capacity; concerns regarding the security of transactions; future write-downs of goodwill or other intangible assets; greater than anticipated tax liabilities; restructuring and cost reduction initiatives and the market reaction thereto; our level of indebtedness; risks associated with acquisitions and divestitures; the impact of the sale of our PGiSend business; our ability to protect our intellectual property rights, including possible adverse results of litigation or infringement claims; regulatory or legislative changes, including further government regulations applicable to traditional telecommunications service providers and data privacy; risks associated with international operations and market expansion, including fluctuations in foreign currency exchange rates; and other factors described from time to time in our press releases, reports and other filings with the Securities and Exchange Commission, including but not limited to the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2011. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.