BearingPoint Lending Group's Automated Solution Meets Commercial Lenders' Demand for Improved Risk Management.

Accelerated Lending Pipeline Solution(SM) ("ALPS")(SM) Offers Visibility into Potential Risk Exposure Across Diverse Portfolios

MCLEAN, Va. -- BearingPoint, Inc. (NYSE:BE), one of the world's largest management and technology consulting firms, today announced the official launch of its Accelerated Lending Pipeline Solution ("ALPS"), a single, end-to-end lending and risk management platform that enables lenders to gain tighter control over and visibility into the credit lifecycle.

Motivated by heightened regulatory and market pressures, commercial lenders are working more diligently than ever to understand their risk exposure. The ALPS solution automates what has long been a manual, antiquated process based primarily on paper loan files and creates electronic loan files that can be mined for valuable information. This ability to mine information allows commercial lending organizations to assess their overall risk exposure during the loan application process, a significant improvement over past systems that often did not provide a view of risk exposure until the loan process was complete. Lenders can then adjust their business based on areas in the portfolio where there is greatest exposure to future risk.

The ALPS solution not only delivers visibility into risk exposure across institutional portfolios and larger lending relationships, but centralizes and automates fragmented data and processes, and improves the efficiency of the loan lifecycle, which can lower overall costs.

"Commercial lenders are facing new challenges as a result of current market conditions," said Christopher Formant, executive vice president of BearingPoint's Global Financial Services segment. "As a result, there is real demand for a solution that will deliver efficiency and transparency into a process where that prospective look ahead has been hampered by a dependency on manual, paper-driven processes and siloed information.

"We are addressing a very real challenge to managing loan portfolio risk with technology that allows lenders to react today based on a view down the road. Given the current uncertainty in credit markets, we believe that new levels of control and visibility offered by the ALPS solution could be a distinct and powerful competitive advantage," Formant continued.

As a fully automated solution combining best-of-breed architecture, ALPS:

* Facilitates the organization and consolidation of fragmented data sources to provide information at the point of decision

* Automates and centralizes processes traditionally completed in hard copy form to help lenders effectively compete in an environment that demands efficient handling and quick turn-around on loan approvals

* Increases productivity and throughput with more efficient workflow, helping boost lending revenues and loan volume by cutting the typical loan approval cycle from weeks to days

* Drives consistent application and tracking of credit policies to improve accuracy of loan documentation and more efficient compliance tracking

* Supports high levels of customization and scalability

* Delivers tools and templates to accelerate time to implementation

To date, BearingPoint's integrated lending process solution has been well received by the financial services marketplace, both domestically and internationally. For one major bank customer, the ALPS solution supported a 30% reduction in cycle time, a nearly 100% credit policy compliance and the ability to increase deal volume without adding staff. The company will continue to roll the solution out to lending institutions.

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 60 countries worldwide. Based in McLean, Va., the firm has more than 17,000 employees focusing on the Public Services, Financial Services and Commercial 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.