BearingPoint to Showcase Corporate Performance Management, ERP Optimization, Fusion Technology Solutions Suites at Oracle(R) OpenWorld Conference

MCLEAN, Va., Oct. 24 /PRNewswire-FirstCall/ -- BearingPoint, Inc. , one of the world's largest management and technology consulting firms, announced today it will highlight a new suite of Oracle-based solutions designed to leverage customers' ERP and technology investments and provide an effective technology framework in preparation for Fusion Applications at the Oracle(R) OpenWorld Conference taking place October 22-26 at the Moscone Center in San Francisco.

Oracle OpenWorld is four-day conference that includes product and applications demonstrations, keynote speeches and roundtable discussions from industry leaders, an exhibition hall featuring 250 Oracle partners, and an Oracle user group forum.

For more than 13 years, BearingPoint and Oracle have combined experienced resources to develop and provide customers with unique, vertical solutions. An Oracle partner since 1995, a PeopleSoft partner since 1993 and a Siebel partner since 1999, BearingPoint has completed more than 2,000 Oracle, PeopleSoft and Siebel implementations and upgrades in 52 countries.

"BearingPoint offers a unique collaborative approach based on deep industry and operational knowledge combined with significant systems integration experience," said Robert Hershey, senior vice president of BearingPoint's Technology Solutions. "BearingPoint has drawn upon its deep vertical knowledge and its strategic relationship with Oracle to influence the development of industry-focused solutions based on Oracle technology."

Some highlights of the Oracle-based industry solutions BearingPoint will demonstrate at its OpenWorld Conference booth (#1624) include:

* BearingPoint's Corporate Performance Management solutions, including predictive analytics, business intelligence, data management, business process/change management and risk management applications, powered by Oracle technology. * ERP Optimization solutions, designed to leverage customers' core ERP investment through integrating process and information between CRM, Financial management, HCM and SCM modules, as well as verticalization for professional services, leasing and add-ons such as field services, EAM and case management. * Fusion Technology Solutions, leveraging Service-Oriented Architecture (SOA) for integration, composite applications, security and identity management, collaboration and "Road to Fusion" planning tools. Forrester Research revealed in a recent report that BearingPoint's SOA offering received the highest score in "The Forrester Wave(TM): North American SOA Integration, Q3 2006, Forrester Research, Inc., September 2006." According to the report: "BearingPoint's strong showing in this evaluation is because its clients agree with most of its vision around SOA: agility, cost containment, time-to-market, and strategic focus. Few client references we interviewed were as well aligned to their provider's vision as BearingPoint's. The success of SOA will ultimately be determined by its business value, and BearingPoint is well positioned for this business focus."

Highlighting BearingPoint's expertise in these areas, the company will have a number of speakers and customers featured at Oracle OpenWorld:

* Greg Lomow, who will draw on his extensive experience helping clients in the public sector to discuss "Using the Federal Data Reference Model in a Service-Oriented Architecture." Session S283968: Sunday, October 22, 3:30 p.m. - 5 p.m., Hilton, Yosemite Room C. * Lawrence Manno and Bank of New York's Nick Silitch, who will discuss optimizing the PeopleSoft investment in the financial services sector with "Implementing PeopleSoft Enterprise Performance Management at the Bank of New York." Session S282066: Monday, October 23, 11:00 a.m. - 12:00 p.m., 3003 - West. * Jennifer Scanlon from USG, a BearingPoint customer, will participate in the Supply Chain Management discussion, "Realizing Value Quickly -- Supply Chain Implementation Best Practices." Session S281979: Tuesday, October 24, 4:30 p.m. - 5:30 p.m., Marriott, Salon 6. * Jeff Plachta, who will host the panel discussion, "Where's That Asset? Hear How Geographic Information Systems Integration Works with Oracle Maintenance Applications to Drive Whereabouts." Session S282561: Wednesday, October 25, 5:30 p.m. - 6:30 p.m., 2020 - West

For a complete list of BearingPoint Oracle OpenWorld speakers, please visit http://www.bearingpoint.com/oow

BearingPoint is a Certified Advantage Partner member of Oracle PartnerNetwork.

If you would like to arrange an interview with one of BearingPoint's Oracle Solutions leaders, please contact Chad Morris at 703-747-3861 or drop by BearingPoint's booth at Oracle OpenWorld, Booth 1624 or the BearingPoint Public Sector Kiosk, Moscone West, Room 2008.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 17700 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels.

Oracle, PeopleSoft, JD Edwards, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

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 over 17,000 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/.

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. The forward-looking statements in this press release include, without limitation, statements about claimed defaults with respect to the Company's Series A and Series B Debentures and potential consequences. 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.