Technology Solutions Company Announces Filing of Certificate of Dissolution and Delisting of its Common Stock

Mon May 4, 2009 2:41pm EDT

* Reuters is not responsible for the content in this press release.

CHICAGO--(Business Wire)--
Technology Solutions Company (NASDAQ: TSCC), a software and services company
focused on the healthcare provider market, today announced that on May 1, 2009
the Company filed a Certificate of Dissolution with the Secretary of State of
the State of Delaware and closed its stock transfer books, effective as of the
close of business on May 1, 2009, each in accordance with the previously
announced Plan of Complete Liquidation and Dissolution of the Company (the
"Plan") that was approved at a special meeting of the Company`s stockholders on
April 27, 2009. 

The Company further announced today that it filed with the Securities and
Exchange Commission (the "SEC") a Form 25 relating to the delisting of its
Common Stock from The NASDAQ Global Market ("NASDAQ"). As previously announced,
the Company submitted notice to NASDAQ on April 24, 2009 requesting that trading
in the Company`s Common Stock be suspended by NASDAQ effective as of the open of
business on May 4, 2009, with the official delisting of the Company`s Common
Stock to be effective ten days thereafter on May 14, 2009. Trading in the
Company`s Common Stock was suspended by NASDAQ today effective at the open of

ABOUT Technology Solutions Company

Technology Solutions Company (TSC) is a software and services firm providing
business solutions that partner with clients to expose and leverage
opportunities that create, deliver, visualize and sustain customer value. 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 industry through tailored business solutions. For more
information, please visit 


This press release contains or may contain certain forward-looking statements
concerning TSC`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 TSC 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. TSC 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.
Factors that could cause actual results to differ materially from the
expectations reflected in the forward-looking statements in this press release
are described in TSC`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, TSC
does not undertake any obligation to update any forward-looking statement to
reflect events or circumstances after the date of this press release. If TSC
does update or correct one or more forward-looking statements, investors and
others should not conclude that TSC 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 Rogers
Chief Financial Officer
(O) 312-228-4500

Copyright Business Wire 2009

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