BearingPoint Completes College Admissions CRM Implementation for Hobart and William Smith Colleges

BearingPoint, Inc. (NYSE:BE), one of the world’s largest management and technology consulting firms, today announced it has completed Phase I of the implementation of Oracle’s PeopleSoft Enterprise CRM for Higher Education for the Admissions Office at Hobart and William Smith Colleges (HWS) in Geneva, New York. HWS now has one of the most advanced customer relationship management systems in higher education, allowing its Admissions Office to provide increased service to students, applicants and prospects. Over 4,000 new applications are received annually by HWS for an entering class of roughly 565 students. The new admissions system, implemented and customized by BearingPoint using Oracle’s PeopleSoft Enterprise Campus Solutions, enables better data collection and management throughout the admissions process. It is expected to produce multiple benefits for students and faculty alike, and has features to assist in managing: Student Prospecting and Recruitment Student Application Process Student-Parent Involvement Recruiter and Counselor Activity Management Surveying of Prospects and Applicants Reporting With the new system, HWS can capture more information critical to its recruiting process, including student participation data, and maintain detailed contact histories with schools and counselors. The system is also able to increase data quality by allowing direct upload of information from the Common Application for College Admissions, as well as the College Board and ACT exams. Student prospects can check the status of their application online, and the Admissions Office can rapidly access data at key decision-making moments. Using PeopleSoft Enterprise Performance Management in conjunction with CRM allows HWS to produce a variety of reports throughout the recruiting and admissions cycle, allowing staff to track status, as well as use admission trend data for planning and process improvements. "A robust admissions system can provide institutions of higher learning an advantage during a time of increased college competition,” said Alicia Karam Harkness, vice president for BearingPoint’s Education practice. "HWS now can offer its prospective students an admissions process that reflects industry-leading practices and technology.” BearingPoint is a leader in providing services for educational institutions throughout North America, including consulting and systems development for Business Intelligence, Enterprise Resource Planning, Grants Management, Facilities and Administrative Management, Information Security, Student Services, and Web Portal Development. About HWS Founded in 1822 (Hobart) — and again in 1906 (William Smith) — Hobart and William Smith Colleges is a liberal arts college with nearly 2,000 undergraduate students. Located in the heart of the Finger Lakes Region, Hobart and William Smith Colleges have been named among the top 'best values' in national liberal arts institutes by U.S. News and World Report. About BearingPoint, Inc. BearingPoint, Inc. (NYSE:BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 50 countries worldwide. Based in McLean, Va., the firm has more than 16,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. 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. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation” technology. For more information, visit the Company's Web site at 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. Oracle is a registered trademark of Oracle Corporation and/or its affiliates.