BearingPoint and Archon Team to Offer Exclusive Registration, Licensing and Revenue Reporting Solutions to Motor Vehicle Departments

MCLEAN, Va., March 21 /PRNewswire-FirstCall/ -- BearingPoint, Inc. , a leading global management and technology consulting firm, today announced it has entered into an exclusive teaming relationship with Colorado- based Archon Technologies, Inc., to jointly pursue opportunities to provide information technology solutions for vehicle registration, drivers licensing and revenue management services to state, provincial, territorial and local motor vehicle departments in the United States and Canada.

Under the terms of the master teaming agreement signed by BearingPoint and Archon, the firms have committed to jointly pursue qualified opportunities for the development, marketing and implementation of motor vehicle and identity management programs throughout the U.S. and Canada by combining BearingPoint's extensive systems integration and consulting experience with Archon's unique technology solutions for motor vehicle departments.

"By aligning our business processes and information systems with Archon, BearingPoint will be better able to provide states with cost effective solutions to comply with the federally-mandated Real ID Act," said Gary Miglicco, vice president for BearingPoint's National Motor Vehicle Solutions Practice. "Together, our two firms will review potential opportunities and work together to provide clients with integrated solutions that will allow them to upgrade their current systems and deliver results to citizens and other key constituents in an accelerated time frame." Miglicco said the companies have already identified nearly a dozen potential market opportunities for 2006 and beyond.

Archon is well known for its large, experienced and focused full-time staff dedicated to development and deployment of registration, title, drivers and motor carrier systems in North America, and the Archon Motor Vehicle Solution (AMVS) has established a very strong reputation in the industry. Archon has recently been very successful in winning new motor vehicle business and has provided its solutions and services to motor vehicle departments in Iowa, Montana, Alabama, Delaware, Hawaii, and others. AMVS incorporates modules that can be used as an enterprise solution or as stand-alone applications. These modules include:

* Archon Registration and Title Solution (ARTS), an online record-keeping and financial system used to track vehicle ownership, vehicle operation, driver data and related financials. * Archon Driver Solution (ADS), a full-service driver licensing and customer management system that can be integrated seamlessly with ARTS and ATM2 for a complete motor vehicle and driver management solution. * Archon Transaction Money Manager (ATM2), a highly configurable asset management and revenue reporting facility that supports the cash drawer and financial needs of any product or service. * Archon Client Accreditation Manager (ACAM), a dealer licensing and permitting solution that helps motor vehicle departments manage credentialing, revocations, audits, and reporting. * Archon Motor Carrier Solution (AMCS), a complete motor carrier services application providing IRP, IFTA, motor fuels, PRISM/CVISN, and permitting services that share vehicle and customer information.

"Many challenges face the motor vehicle industry today," said David Knigge, President, Archon Technologies. "With this new BearingPoint relationship, Archon's motor vehicle solution will be able to reach more jurisdictions to help address the concerns of the contemporary motor vehicle business."

BearingPoint also has extensive experience serving state motor vehicle departments, including providing services such as driver license and vehicle registration and titling solutions to Texas, Montana, New Hampshire, and other state governments.

About BearingPoint, Inc.

BearingPoint, Inc. is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has approximately 17,500 employees, and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, 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. For more information, visit the Company's website at http://www.bearingpoint.com/.

About Archon Technologies, Inc.

Archon Technologies, Inc. (Archon) is a leading software development and consulting company offering complete, custom solutions for the transportation industry. Our substantial industry experience enables us to offer rapidly deployable, complex technology solutions of the highest quality at the lowest cost. Archon's Motor Vehicle Solution (AMVS) is a total enterprise solution designed to support the needs of motor vehicle departments of today and into the future. AMVS provides solutions for vehicle registrations and titling, driver licensing, motor carrier services, and finance and revenue support. Headquartered in Centennial, Colorado, Archon is a privately held corporation that has experienced consistent growth and profitability throughout its 10- year history. Visit the company's website at http://www.archon-tech.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.