Technology Solutions Company Announces Preliminary Results for 2007 Fourth Quarter

Technology Solutions Company (TSC) (Nasdaq: TSCC) today announced preliminary, unaudited fourth quarter financial results for the quarter ended December 31, 2007. Fourth Quarter Estimated Results Revenues before reimbursements are estimated to be $5.3 million for the fourth quarter, a decline of 5% to third quarter 2007 revenue. Fourth quarter revenues were an improvement, on a net basis, when accounting for 13% less billable days in the quarter due to the holiday season. Net loss for the fourth quarter is estimated to be $(0.3) million, or $(0.12) per share, a reduction in net loss per share of 87% from the net loss per share of $(0.89) realized in the third quarter of 2007. Days sales outstanding is estimated to be 53 days, an improvement of 18 days, or 25%, from the 71 days at September 30, 2007. Cash, cash equivalents and investments balance at December 31, 2007 is expected to be $11.0 million, an increase of $0.3 million, or 3%, from the $10.7 million balance at the end of the third quarter of 2007. The company anticipates releasing audited financial results and hosting an investor conference call for both the fourth quarter and full year of 2007, in the latter part of March, 2008, upon completion of its year end audit by Grant Thornton. About Technology Solutions Company Technology Solutions Company (TSC) is a leading business solutions provider that partners with clients to expose and leverage opportunities that create measure and sustain the delivery of value to their customers. Our outside-in, fact-based approach quantifies value through the eyes of our client’s customers, unleashing the potential for profit and growth. TSC serves the healthcare, financial services and manufacturing industries through tailored business solutions that deliver extraordinarily rapid and guaranteed results. For more information, please visit: www.techsol.com. CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT FUTURE RESULTS This press release contains or may contain certain forward-looking statements concerning the Company’s financial position, results of operations, cash flows, business strategy, budgets, projected costs and plans and objectives of management for future operations as well as other statements including words such as "anticipate,” "believe,” "plan,” "estimate,” "expect,” "intend,” and other similar expressions. These forward-looking statements involve significant risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, readers are cautioned that no assurance can be given that such expectations will prove correct and that actual results and developments may differ materially from those conveyed in such forward-looking statements. The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for all forward-looking statements. Important factors that could cause actual results to differ materially from the expectations reflected in the forward-looking statements in this press release include, among others, the Company’s ability to manage decreased revenue levels; the Company’s need to attract new business and increase revenues; the Company’s declining cash position; the Company’s ability to manage costs and headcount relative to expected revenues; the Company’s ability to successfully introduce new product and service offerings; the Company’s dependence on a limited number of clients for a large portion of its revenue; the potential loss of significant clients; the Company’s ability to attract new clients and sell additional work to existing clients; the Company’s ability to attract and retain employees; the rapidly changing nature of information technology services, including the Company’s ability to keep pace with technological and market changes and its ability to refine and add to existing service offerings; the lack of shareholder approved stock options available for grants by the Company to retain existing employees; the Company’s ability to successfully integrate the Charter business with its business; and changing business, economic or market conditions and changes in competitive and other factors, all as more fully described herein and in the Company’s filings with the Securities and Exchange Commission, press releases and other communications. Forward-looking statements are not guarantees of performance. Such forward-looking statements speak only as of the date on which they are made and, except as may be otherwise required by law, the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. If the Company does update or correct one or more forward-looking statements, investors and others should not conclude that the Company will make additional updates or corrections with respect thereto or with respect to other forward-looking statements. Actual results may vary materially.