Blackstone Technology Group Receives CalPERS Spring Fed Pool Refresh Award

Blackstone Expands Its Ability to Serve California State Government

SACRAMENTO, Calif.--(Business Wire)--
As a top provider of Technology Consulting Services to the California State
Government, Blackstone Technology Group, Inc. announced today the expansion of
its ability to serve the state of California through earning a CalPERS Spring
Fed Pool Refresh Award. This Award will enable Blackstone to offer both expanded
and enhanced IT services to the California Public Employees` Retirement System,
a CA state organization that provides retirement and health benefits to 1.6+
million public employees, retirees, and their families and 2,500+ employers.

As part of the Spring Fed Pool Refresh, CalPERS awarded Blackstone
classifications in six new IT service verticals, namely Project Management,
Architecture, Data Administration/Data Modeling, Application Development,
Release Management/Quality Assurance/Configuration Management, and Management
Support Services. This now expands Blackstone`s capability to service CalPERS to
a total of six different verticals and thirteen related job categories.

"This is a significant step forward," said Rick Venegas, Sr. Director of
Blackstone`s CA State Government Practice. "It was an intensive effort that
involved several months of Blackstone`s work combined with a deep inspection by
CalPERS of Blackstone past performances to ensure we met CalPERS qualifications
and standards. Based on the scope and scale of award that CalPERS delivered to
us, it shows that Blackstone has met or beaten multiple bars of performance
criteria for CalPERS, and that Blackstone is further deepening its credibility
in the CA state government marketplace."

About Blackstone

Blackstone Technology Group is a global IT consultancy and staff augmentation
firm. Blackstone`s mission is to implement innovative IT and business process
solutions that help its clients address industry challenges, cost containment
and transformation strategies in their competitive marketplaces. Founded in
1998, Blackstone has garnered an 11-year track record of delivering successful
results, with a customer list that includes many Fortune 1000 businesses as well
as multiple US Federal and California State Agencies. Company headquarters are
located in San Francisco, California, with additional offices in Sacramento,
Denver and Washington DC. To learn more about Blackstone`s Government Practice,
visit our government services site, call (916) 565-1260 or contact us on the
web.

Blackstone Technology Group
Rick Venegas, Sr. Director, CA State Government Practice, 916-565-1260, ext. 327
rvenegas@bstonetech.com
www.bstonetech.com

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