Answerthink President Allan Frank Honored as Premier 100 IT Leader by Computerworld.

Business Editors

MIAMI--(BUSINESS WIRE)--May 23, 2001

Frank Recognized for Innovative Solutions to Business Challenges

and Effective IT Strategies

Answerthink, Inc. (Nasdaq: ANSR), a leading provider of technology-enabled business transformation solutions, announced today that its President, Allan Frank, has been recognized by IDG's Computerworld, the newspaper for IT leaders, as one of the business world's Premier 100 IT Leaders. The award honors individuals who have had a positive impact on their organizations through technology.

The Premier 100 IT Leaders award recognizes Frank for exceptional technology leadership, innovative approaches to business challenges, and effective execution of comprehensive IT strategies. Frank will be honored at the Computerworld Premier 100 IT Leaders Conference, May 20-22, 2001 at the Westin Mission Hills Resort in Rancho Mirage, California.

"The tremendous pace of change in today's technology environment makes IT leadership an elusive quality to pin down," said Maryfran Johnson, editor in chief, Computerworld. "Computerworld's Premier 100 IT Leaders understand business needs, take calculated risks and lead their organizations through innovation."

A former partner and chief technology officer at KPMG, Frank has strategically applied technology to provide business solutions to Global 2000 companies for more than 20 years. At Answerthink, Frank is responsible for the company's corporate marketing & communications, service delivery strategy, product development and support as well as internal technology infrastructure. Frank is also the chief architect of the company's award-winning knowledge sharing intranet, Mind-Share.

"Allan's deep knowledge of technology and his ability to leverage it smartly have played a crucial role in Answerthink's ability to bring a unique value proposition to our extensive Global 2000 client base," said Ted Fernandez, CEO of Answerthink. "We are thrilled that Computerworld has also recognized his tremendous contribution to Answerthink."

Frank was selected from hundreds of nominees based on those leaders who most closely matched Computerworld's Leadership Index, a set of characteristics that describes business and technology people who guide the effective use of IT in their organizations. Other award winners include IT Leaders from corporations such as Capital One Financial Group, Public Broadcasting Service (PBS), Staples Inc. and Toyota Motor Sales. The complete list of Premier 100 IT Leaders can be found in the March 26, 2001 issue of Computerworld and online at www.computerworld.com/premier100.

About Computerworld

Computerworld, Inc. is a complete information services company for the IT Leader Community, providing print and online publications, books, conferences and research services. The company's flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld, has a total audience of 935,200 according to IntelliQuest CIMS v.7.0. News and resources for the IT Leader community are available through Computerworld's Web site at www.computerworld.com. Computerworld is based in Framingham, Mass.

Computerworld is a business unit of IDG, the world's leading IT media, research and exposition company. IDG publishes more than 300 magazines and newspapers and 4,000 book titles and offers online users the largest network of technology-specific sites around the world through IDG.net (http://www.idg.net), which comprises more than 270 targeted Web sites in 70 countries.

IDG is also a leading producer of 168 computer-related expositions worldwide, and provides IT market analysis through 50 offices in 43 countries worldwide. Company information is available at http://www.idg.com.

About Answerthink

Answerthink, Inc. (www.answerthink.com) is a leading provider of technology-enabled business transformation solutions. The Company brings together multi-disciplinary expertise in benchmarking and research, business transformation, interactive marketing, business applications and technology integration to serve the needs of Global 2000 clients. Answerthink's solutions span all functional areas of a company including finance, human resources, information technology, sales, marketing, customer service, and supply chain, as well as across a variety of industry sectors. Founded in1997, Answerthink has more than 1,600 associates and offices in 17 cities throughout the United States and in Europe.

Certain statements in this press release are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward looking statements. Factors that impact such forward looking statements include the ability of the Company to attract additional business, changes in expectations regarding the information technology industry, the ability of the Company to attract skilled employees, possible changes in collections of accounts receivable, risks of competition, price and margin trends, changes in general economic conditions and interest rates as well as other risks detailed in the Company's reports filed with the Securities and Exchange Commission.