BSG Corp. locates corporate offices in Austin, Texas.

AUSTIN, Texas--(BUSINESS WIRE)--Oct. 23, 1995--BSG Corp., the leading next generation information technology services company, announced Monday it has chosen Austin, Texas for the location of its corporate offices.

"Locating the corporate offices in Austin places BSG in the heart of one of the world's premier centers of technology development and innovation," according to Steven G. Papermaster, BSG's chairman and chief executive officer. "It also enhances our opportunities for strategic alliances, from leading IT companies who have their corporate offices here, such as Dell and Tivoli Systems, to many others who have key regional offices in Austin, to institutions like The University of Texas at Austin."

Earlier this year, BSG announced the opening of its worldwide corporate Learning Center in Austin, and BSG's corporate offices will be co-located with the Learning Center. BSG's Houston operation, where the company was founded, will continue to be one of the key centers of the company's business.

"BSG's corporate offices move to Austin is a good idea," said William Rabin, senior IT analyst for the investment banking firm JP Morgan. "As a fast growing information technology services company, BSG's links to hardware and software vendors, the high tech financial community, and other IT business support services will only become stronger in a city viewed as one of the rapidly emerging technology centers of the country."

BSG is recognized as one of the leaders in the next generation of information technology (IT) services companies. Founded by Mr. Papermaster in 1987, BSG was one of the first IT services companies to assist businesses with managing the significant changes brought about the new generation of distributed information processing, commonly known as client/server computing. BSG has become widely recognized for its focus on creating business value with new systems, using an approach that integrates new technology with changes in a company's business processes and the education of its workforce.

"The rapid changes in information technology are leading to equally remarkable changes in the way business is conducted or even conceived," according to Papermaster. "The organizations that succeed will be those that lead change, and that is BSG's prime directive -- working with our customers to lead change -- together."

Privately held BSG has experienced strong growth since its founding, with 1994 revenues exceeding $43 million and currently employing over 600 people in the eleven office centers throughout the U.S. BSG partners with companies worldwide in applying next generation technologies to create value and lead the change in business processes and culture. BSG was recently acknowledged as a 1995 Inc. 500 company by Inc. magazine and, earlier this year, was named one of "25 Cool Companies" by Fortune magazine.

CONTACT: GTT Communications

11940 Jollyville Road, Suite 300N

Austin, TX 78759

Bill Stotesbery, 512/219-6339 (fax) 512/219-6330

or

BSG Corp.

Steve Guengerich, 512/703-1000