PeopleSupport Files Shelf Registration Statement

PeopleSupport, Inc., a business process outsourcing (BPO) provider that offers customer management, transcription and captioning, accounts receivable management and additional BPO services, announced today that it has filed a Form S-3 shelf registration statement with the Securities and Exchange Commission (SEC). The shelf registration statement allows PeopleSupport to issue from time to time an aggregate of up to $100 million of its securities, including common stock, preferred stock, warrants and debt securities. The terms of any offering under the shelf registration statement will be established at the time of the offering. No current offering is contemplated. PeopleSupport may use the shelf in the future to raise funds for capital expenditures, acquisitions or other corporate purposes, as further described in a prospectus or prospectus supplement filed at the time of an offering.

The S-3 registration statement has been filed with SEC but has not yet become effective. Securities may not be sold under the registration statement, nor may offers to buy be accepted, prior to the time it becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.