Technology Solutions Company Announces Preliminary Results for 2007 Fourth Quarter

CHICAGO--(Business Wire)--Technology Solutions Company (TSC) (Nasdaq: TSCC) today announced
preliminary, unaudited fourth quarter financial results for the
quarter ended December 31, 2007.

Fourth Quarter Estimated Results

-- Revenues before reimbursements are estimated to be $5.3
million for the fourth quarter, a decline of 5% to third
quarter 2007 revenue. Fourth quarter revenues were an
improvement, on a net basis, when accounting for 13% less
billable days in the quarter due to the holiday season.

-- Net loss for the fourth quarter is estimated to be $(0.3)
million, or $(0.12) per share, a reduction in net loss per
share of 87% from the net loss per share of $(0.89) realized
in the third quarter of 2007.

-- Days sales outstanding is estimated to be 53 days, an
improvement of 18 days, or 25%, from the 71 days at September
30, 2007.

-- Cash, cash equivalents and investments balance at December 31,
2007 is expected to be $11.0 million, an increase of $0.3
million, or 3%, from the $10.7 million balance at the end of
the third quarter of 2007.

The company anticipates releasing audited financial results and
hosting an investor conference call for both the fourth quarter and
full year of 2007, in the latter part of March, 2008, upon completion
of its year end audit by Grant Thornton.

About Technology Solutions Company

Technology Solutions Company (TSC) is a leading business solutions
provider that partners with clients to expose and leverage
opportunities that create measure and sustain the delivery of value to
their customers. Our outside-in, fact-based approach quantifies value
through the eyes of our client's customers, unleashing the potential
for profit and growth. TSC serves the healthcare, financial services
and manufacturing industries through tailored business solutions that
deliver extraordinarily rapid and guaranteed results. For more
information, please visit: www.techsol.com.

CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT
FUTURE RESULTS

This press release contains or may contain certain forward-looking
statements concerning the Company's financial position, results of
operations, cash flows, business strategy, budgets, projected costs
and plans and objectives of management for future operations as well
as other statements including words such as "anticipate," "believe,"
"plan," "estimate," "expect," "intend," and other similar expressions.
These forward-looking statements involve significant risks and
uncertainties. Although the Company believes that the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, readers are cautioned that no assurance can be given that
such expectations will prove correct and that actual results and
developments may differ materially from those conveyed in such
forward-looking statements. The Company claims the protection of the
safe harbor for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 for all forward-looking
statements. Important factors that could cause actual results to
differ materially from the expectations reflected in the
forward-looking statements in this press release include, among
others, the Company's ability to manage decreased revenue levels; the
Company's need to attract new business and increase revenues; the
Company's declining cash position; the Company's ability to manage
costs and headcount relative to expected revenues; the Company's
ability to successfully introduce new product and service offerings;
the Company's dependence on a limited number of clients for a large
portion of its revenue; the potential loss of significant clients; the
Company's ability to attract new clients and sell additional work to
existing clients; the Company's ability to attract and retain
employees; the rapidly changing nature of information technology
services, including the Company's ability to keep pace with
technological and market changes and its ability to refine and add to
existing service offerings; the lack of shareholder approved stock
options available for grants by the Company to retain existing
employees; the Company's ability to successfully integrate the Charter
business with its business; and changing business, economic or market
conditions and changes in competitive and other factors, all as more
fully described herein and in the Company's filings with the
Securities and Exchange Commission, press releases and other
communications. Forward-looking statements are not guarantees of
performance. Such forward-looking statements speak only as of the date
on which they are made and, except as may be otherwise required by
law, the Company does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after the
date of this press release. If the Company does update or correct one
or more forward-looking statements, investors and others should not
conclude that the Company will make additional updates or corrections
with respect thereto or with respect to other forward-looking
statements. Actual results may vary materially.

Technology Solutions Company
Timothy G. Rogers, Chief Financial Officer
312-228-4848
timothy_rogers@techsol.com

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