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BearingPoint Closes Sale of Commercial Services Business to PwC

Significant Portion of Company’s North America Commercial Services Business and Employees to Transition to PwC

Dallas, June 16, 2009 – BearingPoint, Inc., a management and technology consulting firm, today announced that the sale of substantially all of its North America Commercial Services business to PricewaterhouseCoopers LLP (PwC) has been completed. Under the terms of the previously announced transaction, PwC acquired a significant portion of the Company’s Commercial Services unit for approximately $44 million. The sale also includes PwC’s purchase of the Company’s global delivery centers in Shanghai, China and Bangalore, India; those transactions are expected to be finalized in the next several months.

About BearingPoint, Inc.
BearingPoint, Inc. is a provider of management and technology consulting services to commercial and public sector organizations around the world. 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. The Company’s service offerings are designed to help its 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.

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Media Contact:

Gina Giamanco
BearingPoint
609-575-3049
gina.giamanco@bearingpoint.com