BearingPoint Selected to Provide IT Services on the Multiple Award $50 Billion GSA Alliant Contract

Largest Ever GWAC Will Provide Federal Agencies Access to BearingPoint`s
Innovative IT Management and Integration Services
MCLEAN, Va.--(Business Wire)--
BearingPoint, Inc., one of the world`s largest management and technology
consulting companies, announced that the General Services Administration has
awarded the company an Alliant contract to provide information technology
solutions to federal agencies; BearingPoint was one of 59 firms to receive an
award. Alliant, a 10-year multiple award indefinite-delivery indefinite-quantity
contract with a $50 billion ceiling, is the largest government-wide acquisition
contract (GWAC) ever issued and will provide federal agencies with the
opportunity to use competitive sourcing for regional and global IT services to
improve efficiencies and maximize cost savings. The award features a five-year
base and one five-year option, and replaces two older GSA GWACs (Answer and
Millennia).

"GSA-Alliant presents BearingPoint with a tremendous opportunity to work
hand-in-hand with the federal government, and it provides government agencies
with the opportunity to work with a trusted partner," said Robin Lineberger,
executive vice president, Public Services for BearingPoint. "We look forward to
providing GSA and other federal agencies with innovative and practical
management, technology and enterprise solutions that will enable them to reduce
costs and streamline operations."

The scope of GSA`s Alliant GWAC covers all components of an integrated IT
solution, including any current and new technologies which may emerge during the
life of the contract as well as IT systems, products and services in support of
national security systems. As a provider of management and technology consulting
services, BearingPoint provides a full range of client solutions combined with
deep industry knowledge to provide sustainable results for our clients.

About BearingPoint, Inc.

BearingPoint, Inc. (OTCBB: BGPTQ) is one of the world's largest providers of
management and technology consulting services to Global 2000 companies and
government organizations in more than 60 countries worldwide. Based in McLean,
Va., the firm has approximately 15,000 employees focusing on the Public
Services, Commercial Services and Financial Services industries. 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. Our
service offerings are designed to help our 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 our 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 Company undertakes
no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.

BearingPoint, Inc.
Steve Lunceford, 703-747-4545
steve.lunceford@bearingpoint.com

Copyright Business Wire 2009