ePartners Closes $25 Million Equity Financing; Howard S. Diamond Named CEO.

SEATTLE -- ePartners (www.epartnersolutions.com), a leading global Microsoft Business Solutions(R) consultancy, today announces it has secured $25 million in equity funding from current investors and new investor, Needham Capital Partners. The financing will be used to fund ePartners' continued global growth and expansion.

The lead investor is Needham Capital Partners, followed by current investors Mobius Venture Capital, Madrona Venture Group, Austin Ventures, Liberty Mutual, Texas Growth Fund, Rustic Canyon Partners and Capital Resource Partners.

In addition to the financing, the company announced that ePartners' Chairman - Howard S. Diamond - will now also assume CEO responsibilities. Diamond was Chairman and CEO of EYT, a leading Microsoft Business Solutions partner that merged with ePartners in 2004. Prior to this, Mr. Diamond served as Chairman of Level 3 Communications, Inc.'s (NASDAQ:LVLT) Information Services subsidiary, formed when Level 3 acquired Corporate Software and Software Spectrum, Inc. Diamond had line responsibility for all groups within the subsidiary, which contributed over $2.5 billion in revenue to Level 3 Communications. Prior to selling Corporate Software to Level 3, Diamond was Chairman and CEO of Corporate Software.

"We are very pleased to be partnering with the leading Microsoft business solutions consultancy," said John Prior, General Partner of Needham Capital Partners. "ePartners has the right market vision and is very well positioned for continued worldwide growth."

"We're confident in Howard Diamond's leadership ability, having worked with him in the past," said Brad Feld, Managing Director at Mobius Venture Capital. "His experience at growing a company with a profitable multi-billion dollar revenue stream will serve ePartners and Microsoft very well."

The transition in leadership at ePartners is occurring at an opportune time, as the company has completed a strong quarter. "As the reigning Microsoft Global Partner of the Year for 2004, we added over 400 new clients this year," said Diamond. "The foundation for our success was our investment in Microsoft Business Solutions Axapta(R) - where we experienced huge sales growth. Our unique `Envisioned Business Solution' engagement framework, which allows us to align our clients' business strategies to Microsoft's enabling technologies, has contributed significantly to our ongoing success in the market."

ePartners is a leading information technology services consultancy with 23 offices in North America and London. More than 400 leading companies spanning 45 industries turn to ePartners each year for aligning business and IT strategies, improving business processes and deploying and supporting solutions that accelerate business results.

"As Microsoft's 2005 Technology Innovation Partner of the Year, we are excited with the continued investment and commitment ePartners is making in regards to Microsoft Business Solutions," said Dan English, Microsoft general manager for Microsoft Business Solutions in the U.S.

"I am excited to assume this new role," says Diamond. "The success, investments and relationships we have made this year positions ePartners well for a continuation of organic growth and market share gains in the future. The team we have, the new people we will bring in, and the resources this funding will give us access to will allow us to change the game in our market, for us, for our customers, and for Microsoft."

For more information about ePartners, visit www.epartnersolutions.com or call 888-883-9797.

About ePartners, Inc.

After more than a decade of arming its customers with a competitive advantage, ePartners has established itself as one of the leading Microsoft Business Solutions consultancies in the world. From aligning their clients' business and IT strategies; to improving business processes; and deploying and supporting solutions that accelerate business results, no other Microsoft Business Solutions partner offers more comprehensive information technology solutions and services than ePartners. Last year alone, more than 400 leading companies spanning 45 industries turned to ePartners for strategic business solutions and consulting services. ePartners is backed by Needham Capital Partners, Mobius Venture Capital, Texas Growth Fund, Austin Ventures, Liberty Mutual, Madrona Venture Group, Rustic Canyon Partners, Capital Resource Partners, and Charterhouse Group. www.epartnersolutions.com.