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BearingPoint, Inc.

BearingPoint Completes Sale of its Europe, Middle East and Africa Practice to European Management Team

Dallas (ots)

BearingPoint,  Inc.,  the management and technology
consulting firm, announced today that it has completed the sale of 
the Company's  Europe,  Middle East and  Africa  (EMEA) practice to 
its European management team for an aggregate price of approximately 
$69 million in total consideration.
Following the transaction, the EMEA practice will operate as an 
independent, private partnership and will continue to serve clients 
under the BearingPoint brand. Peter Mockler, who has been serving  as
the EMEA leader for BearingPoint since 2006, and his management  team
will continue to lead the organization, providing leadership 
stability and continuity in the transition process.
"We are very pleased to finalize the purchase  of  BearingPoint  
EMEA and look forward to continuing to serve our valued clients for  
many years to come," said Peter Mockler. "The EMEA leadership team 
and approximately 3000 consultants are dedicated to the success of  
our business and remain steadfast in our commitment to providing 
leading- edge management and technology consulting services to our  
clients. We are confident that this is the best path forward for our 
clients and employees, as many examples have shown that the private  
business model makes sense for a professional services firm."
About BearingPoint, Inc.
BearingPoint, Inc. is a provider of management and technology 
consulting services to commercial and public sector organizations 
around the world. BearingPoint professionals have built a reputation 
for knowing what it takes to help clients achieve their goals, and 
working closely with them to get the job done. The Company's service 
offerings are designed to help its clients generate revenue,  
increase cost-effectiveness, manage regulatory compliance, integrate 
information and transition to next-generation technology. For more 
information, visit the Company's Web site at www.BearingPoint.com .
Some of the statements in this press release constitute "forward- 
looking statements" within the meaning of the United  States  Private
Securities Litigation Reform Act of 1995. These statements are based 
on our current expectations, estimates and projections. Words such as
"will," "expects," "believes"  and  similar expressions are used to 
identify these forward-looking statements. These  statements are only
predictions and as such are not guarantees of future performance and 
involve risks, uncertainties and assumptions that are difficult to 
predict. Forward-looking statements are based upon assumptions as to 
future events or future financial performance that may not prove to 
be accurate. Actual outcomes and  results may differ materially from 
what is expressed or forecast in these forward-looking statements.  
As a result, these statements speak only as of the date they were  
made, and the BearingPoint, Inc. undertakes no obligation to publicly
update or revise any forward- looking statements, whether as a result
of new information, future events or otherwise.

Contact:

Mike Kronfellner
Director Marketing & Communications EMEA
Tel.: 0049-89-54033-7070
mike.kronfellner@bearingpointconsulting.com

Plus de actualités: BearingPoint, Inc.
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