Turnpoint Solutions Deploys Procurement System for Portman Limited

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Fri May 16, 2008 4:57pm EDT

Turnpoint Solutions, LLC, a leading provider of business and process driven IT
consultancy services for the mining, transportation, and utility industries,
announced today that it recently completed project delivery of a new procurement
system for Portman Limited, a West Australian based supplier of high-grade iron
ore. With principal assets in Koolyanobbing and Cockatoo Island producing 8
mtpa, Portman services the Asian iron ore markets with direct-shipping fines and
lump ore.

Portman engaged Turnpoint for the management, design and implementation of the
purchase-to-pay ERP systems functionality across its business operations in
order to support ongoing growth targets with effective management and controls.
Deployment of the new system will facilitate an improved efficiency to ensure
correct and appropriate expenditure approvals processes, as well as the
availability of automated capital and operational commitments as part of
corporate governance and compliance requirements.

Chris Hunt, General Manager Finance & Administration at Portman stated, "The
unqualified success of the project was a result of the effective collaboration
of the entire project team and their commitment to delivering the outcomes
necessary to meet our business objectives. Adopting an automated systems
approach will enhance productivity and the ability for Portman to report, access
and make procurement decisions across our corporate and mine operations as part
of our best practice commitment."

Leveraging Portman's major shareholder Cleveland-Cliffs' shared facilities and
services from the USA, the project delivery team combined the IS program
management office for Cleveland Cliffs Inc. and the Turnpoint project team,
which worked directly with Portman staff in Perth WA (Australia).

Turnpoint's Australasia Managing Director, Adrian Hale added, "With the support
of a strong international team that consistently focused on local needs, the
project delivery was achieved on time and on budget, ultimately securing the
advancement of Portman's objective to meet and optimize its operational demands.
The success of the project is a testament to the culture, professional
commitment and teaming that Portman, Cleveland Cliffs and Turnpoint possess."

About Turnpoint Solutions LLC

Turnpoint Solutions is a leading provider of business domain and process driven
IT consultancy services for the mining, transportation, and utility industries.
We work with clients to develop innovative yet attainable business
transformation strategies and we focus on the strategic application of
technology in the areas of asset management, customer care and workforce
optimization.

By combining vertical industry subject matter expertise, vendor/technology
experience, and proven program management we ensure that our client's technology
investments deliver measurable, sustainable competitive advantage. Additional
information is available on line at www.turnpoint-solutions.com.

The Turnpoint Solutions LLC logo is available
athttp://www.primenewswire.com/newsroom/prs/?pkgid=5051

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CONTACT:  The McDonnell Group, Inc.
          Media Contact
          Whitney McDonnell
          716.512.8145
          whitney@themcdonnellgroup.com
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