BearingPoint launches online tool to help companies justify VoIP business case

McLean, Va., May 13, 2004 — BearingPoint, Inc. (NYSE:BE) announced the availability of the BearingPoint online IP Telephony Readiness Assessment Tool to help organizations understand the implications of voice over IP (VoIP), which promises to revolutionize the way the corporate enterprise communicates.

Voice over IP, or IP Telephony (IPT) not only provides companies with possible cost reduction opportunities as data and voice networks converge, but it can also enhance functionality and the customer experience, says Frederic Veron, a managing director with BearingPoint.

“Companies are no longer dismissing VoIP as vaporware,” said Veron. “Today, VoIP is being implemented as an acknowledged platform for enterprise voice communications. By implementing VoIP, an enterprise has the potential of dramatically restructuring its costs, while providing the platform for enhanced, flexible and versatile communication solutions within the enterprise, as well as with its business counterparts and customers.”

The BearingPoint online IPT Readiness Assessment Tool can help companies prepare for new IP technologies and is designed to help an organization understand what are the cost savings benefits of a VoIP solution. The tool can also help identify when a positive return on investment might be
realized. Moreover, the assessment tool is designed to help companies diagnose how ready they are as compared to other organizations.

For more information on the BearingPoint online IPT Readiness Assessment Tool, please visit our web site at www.bearingpoint.com/voip.

About BearingPoint, Inc.

BearingPoint, Inc. (NYSE:BE) is one of the world’s largest business consulting, systems integration and managed services firms serving Global 2000 companies, medium-sized businesses, government agencies and other organizations. We provide business and technology strategy, systems design,
architecture, applications implementation, network, 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 www.BearingPoint.com.

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