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26.05.2005 16:07:00

Euromoney Magazine Names BearingPoint Executives to 'Top 200 Global Financial Services Consultants' List

MCLEAN, Va., May 26 /PRNewswire-FirstCall/ -- BearingPoint, Inc. , one of the world's largest business consulting and systems integration firms, announced today that several of the company's executives were named to Euromoney magazine's Top 200 Global Financial Services Consultants list for 2005.

The list, featured in the publication's new Guide to the World's Leading FS Consultants and Advisers, named Christopher Formant, Executive Vice President, Global Financial Services, and Steffen Seeger, Executive Vice President, EMEA, as industry executives nominated by clients and peers as leading financial services consultants, or advisors.

Euromoney also named the following BearingPoint executives to this year's list:

* Christopher Hamilton, Senior Vice President, Global Risk & Business Management * Peter Schurau, Senior Vice President, EMEA, Financial Services * Mindy Propper, Vice President, Financial Services, North America * Stuart Feffer, Managing Director, co-head, Wealth & Investment Management * Christopher Kundro, Managing Director, co-head, Wealth & Investment Management * Cornel Bender, Managing Director, EMEA, Financial Services

"We are pleased that Euromoney has recognized our work, our accomplishments and our relationship with our clients," said Formant. "It is always a special honor when clients and peers acknowledge your capabilities and when they feel we deserve to be in such a prestigious class of executives. This is a reflection of BearingPoint's commitment to being one of the few firms that connects strategy, process, technology, and people capabilities to help clients achieve their goals rather than some other agenda."

Euromoney's Guide to the World's Leading FS Consultants and Advisers is designed primarily for executives who require access to leading consultants or advisors in asset management, insurance, retail banking, risk, and wholesale banking.

The initial stage of the selection process for the top financial services consultants list involved distributing more than 1,000 questionnaires to senior consultants, advisors and other executives. The questionnaires asked leading figures to nominate those consultants and advisors they considered being among the most capable in the industry. The results were screened for company, network and alliance bias. Two hundred honorees were later identified from 14 countries.

About BearingPoint, Inc.

BearingPoint, Inc. is one of the world's largest business consulting, systems integration and managed services firms serving government agencies, Global 2000 companies, medium-sized businesses and other organizations. We provide business and technology strategy, systems design, architecture, applications implementation, network infrastructure, systems integration and managed services. Our service offerings are designed to help our clients generate revenue, reduce costs and access the information necessary to operate their business on a timely basis. Based in McLean, Va., BearingPoint has been named by Fortune as one of America's Most Admired Companies in the computer and data services sector. For more information, visit the Company's website at http://www.bearingpoint.com/.

This press release may contain forward-looking statements, the accuracy of which is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in Exhibit 99.1 in our Form 10-Q for the period ended September 30, 2004 and our Form 8-Ks filed as of December 16, 2004, March 18, 2005 and April 20, 2005. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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