BearingPoint Closes Sale of Commercial Services Business to PwC

Significant Portion of Company`s North America Commercial Services Business and
Employees to Transition to PwC
DALLAS--(Business Wire)--
BearingPoint, Inc., a management and technology consulting firm, today announced
that the sale of substantially all of its North America Commercial Services
business to PricewaterhouseCoopers LLP (PwC) has been completed. Under the terms
of the previously announced transaction, PwC acquired a significant portion of
the Company`s Commercial Services unit for approximately $44 million. The sale
also includes PwC`s purchase of the Company`s global delivery centers in
Shanghai, China and Bangalore, India; those transactions are expected to be
finalized in the next several months.

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 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
Gina Giamanco, 609-575-3049
gina.giamanco@bearingpoint.com

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