BearingPoint Names Peter Mockler Head of EMEA

MCLEAN, Va., Jan. 20 /PRNewswire-FirstCall/ -- BearingPoint, Inc. , a leading global management and technology consulting firm, announced today that it has appointed Peter Mockler as Executive Vice President of Europe, Middle East and Africa (EMEA) as well as Chairman of the Management Board of Germany, Austria and Switzerland, effective immediately. In this new role, Mockler will also become a member of BearingPoint's Executive Committee.

"As BearingPoint continues to gain momentum and rapidly grow in this important region, we are convinced Peter possesses the right combination of leadership ability and a proven track record in providing the highest level of customer service that make him the right person to lead our EMEA business," said Harry You, Chief Executive Officer of BearingPoint. "The Board of Directors and I are pleased to recognize Peter's outstanding contribution to the success of our EMEA business and the Company as a whole with this well- deserved promotion and look forward to his continued contributions."

Mockler, a member of the Management Board of Germany, Austria and Switzerland since February 2003, has served as Industry Leader Public Services/Infrastructure Services (PS/IS) Germany, Austria and Switzerland since February 2003. Throughout his career he has been responsible for a wide range of consulting assignments covering ERP implementations, supply chain management solutions, strategic planning as well as business process improvement, and was significantly involved in developing strategic key accounts in the German-speaking region. He joined BearingPoint in 1989 and was promoted to partner in 1997.

"I am excited about leading this business as we establish BearingPoint as the leader in business and technology consulting in EMEA," said Mockler. "We have a fantastic team of seasoned consultants focused on delivering tangible results for our clients across this critical region and I look forward to working with them."

Mockler replaces Steffen Seeger as head of EMEA, who has left the firm for personal reasons after more than 20 years with the company and its predecessors. Seeger was instrumental in the globalization of BearingPoint and served successfully in a number of international management positions for the Company.

About BearingPoint, Inc.

BearingPoint, Inc. is a leading global management and technology consulting firm, providing strategic consulting, application services, technology solutions and managed services to Global 2000 companies and government organizations. We help customers achieve results by identifying mission critical issues and implementing innovative and customized solutions designed to generate revenue, reduce costs and access the right information at the right time. Our proprietary research institute, the BearingPoint Institute, demonstrates the firm's commitment to analyzing and responding to issues with a thoroughly researched and informed perspective. Based in McLean, Virginia, BearingPoint has been named as one of Fortune's Most Admired Companies in America for three consecutive years. For more information, visit the Company's website at http://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.

First Call Analyst: FCMN Contact: james.hart@bearingpoint.com