-- Sandeep Vishnu, a managing director in BearingPoint's Global Risk, Compliance and Security practice presents "Risk Strategies for Market Survival." Sandeep discusses today's fundamental need for greater risk transparency and governance, and the necessity of making structural changes to establish a balanced, risk-based culture.

-- The next podcast features Brian Hart, a managing director in BearingPoint's Finance, Risk and Compliance practice and is titled "Surviving the Credit Crisis: Best Practices for IM and Data." In this podcast, Brian discusses the data management issues financial organizations must tackle, including the need for more robust and integrated views into risk and performance, and he looks past the current crisis to offer projections regarding changes to expect from regulators going forward.

-- The final podcast in the series, "Surviving the Credit Crunch: Tactics and Strategies for Loss Mitigation," features Lowell Alcorn, a managing director in BearingPoint's Lending and Leasing practice. Lowell discusses what lending and leasing executives can learn from the current financial situation, recommendations on facing new challenges brought on by the credit crisis, and what it all means for the end customer.

BearingPoint regularly produces podcasts that focus on various topics, themes and strategies within the financial services industry. Every day, BearingPoint's consultants work with clients to overcome a wide array of business challenges with creativity and insight.

Quote, Attributable to Paul McDonnell, BearingPoint's Financial Services Practice Leader

"With the financial services industry reeling from the ongoing turbulence in our economy, BearingPoint seeks to bring actionable expertise and new thinking to the table with our latest podcast series. In creating Financial Markets 2.0: Strategies for Market Survival, we hope to educate the financial community with insight and strategies for a successful future in which organizations are equipped to take informed, preventative steps in ensuring this sort of crisis does not repeat itself."

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 more than 60 countries worldwide. Based in McLean, Va., the firm has approximately 16,000 employees focusing on the Public Services, Commercial Services and Financial 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.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=851217 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=851210 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=851211 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=851215

Contact:
Aaron Bedy
BearingPoint
(404) 538-5289
Email Contact
www.bearingpoint.com

Suzanne Aronowitz
SHIFT Communications
(617) 779-1814
Email Contact
www.shiftcomm.com

SOURCE: BearingPoint

http://www2.marketwire.com/mw/emailprcntct?id=87066B3DE3DE3516
http://www.bearingpoint.com
http://www2.marketwire.com/mw/emailprcntct?id=A0F150A16ECEE461
http://www.shiftcomm.com

Joint customers of BearingPoint and SAP - including leading Russian firms such as LUKOIL, TNK-BP, Urals Energy, SUEK, Severstal-Resource, Metalloinvest Holding and Evraz Group S.A. - use SAP solutions to manage their business and financial performance.

"The market for SAP solutions is rapidly growing in Russia as is the need for consulting services," said Roman Zhuravlev, director, LE Process Industries Division at SAP CIS. "We have expanded the number of preferred partners for specific industries to better serve our clients and help them select the right consulting firm in the market. This helps customers more easily identify and distinguish consulting companies with the greatest project experience in each industry. We are very pleased with BearingPoint's success in Russia and look forward to their continued growth in the oil and gas and metals and mining industries."

BearingPoint is a provider of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

http://www.10meters.com

Comments on this story may be sent to newsdesk@closeupmedia.com

BearingPoint provides management and technology consulting services. It serves multinational companies, small and medium-sized businesses, government agencies and other organizations. The company primarily operates in the US and Europe. It is headquartered in Virginia and employs 17,100 people. The company recorded revenues of $3,455.6 million during the fiscal year ended December 2007, an increase of 0.3% over 2006. The revenue slight increase is attributable to increasing revenue from Public Services and EMEA. The operating loss of the company was $232.8 million during fiscal year 2007, compared to the operating loss of $199.3 million in 2006. The net loss was $362.7 million in fiscal year 2007, compared to the net loss of $213.4 million in 2006..

Scope of the Report.

- Provides all the crucial company information required for business and competitor intelligence needs

Contains a study of the major internal and external factors affecting the company in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams

- Data is supplemented with details on the company s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.

Reasons to Purchase.

- Support sales activities by understanding your customers businesses better

- Qualify prospective partners and suppliers

- Keep fully up to date on your competitors business structure, strategy and prospects

- Obtain the most up to date company information available

http://www.companiesandmarkets.com/information.asp?id=VL9COQKNF46477

CONTACT: Mike King, Director, www.companiesandmarkets.com Tel: +44 (0)1933 674 780 Fax: +44 (0)1933 674 780 e-mail: info@companiesandmarkets.com WWW:http://www.companiesandmarkets.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

-- Improving internal controls and accountability over financial business processes;

-- Strengthening the Coast Guard's financial reporting policies and procedures; and

-- Transforming human resource strategy to improve the Coast Guard's financial management workforce.

Contracted work is expected to be performed at USCG offices in Washington, D.C., Maryland, Virginia, North Carolina, Kansas and California.

This is BearingPoint's second recent financial services support award within DHS. In late March, BearingPoint was awarded a one-year contract valued at $8.7 million in its base year, and up to $47.7 million total over five years (including all options) to assist ICE with its financial management systems. As part of this contract, BearingPoint is providing a number of technology and strategy consulting services including general business process improvements, training and compliance support surrounding financial data verification/validation, accounts payable accruals, financial audit, development and maintenance of an activity-based costing model, and support for ICE's Finance Center located in Dallas, Texas.

"We're proud to be chosen by the Coast Guard and by ICE to assist in transforming their financial processes," said Tim Chase, vice president for BearingPoint's National Security practice. "Helping these DHS agencies meet financial compliance requirements in a more efficient way means more resources can be devoted to identifying criminal activities and eliminating vulnerabilities along our nation's borders and coastlines."

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 more than 50 countries worldwide. Based in McLean, Va., the firm has more than 16,000 employees focusing on the Public Services, Commercial Services and Financial 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.

SOURCE: BearingPoint, Inc.

BearingPoint, Inc.
Steve Lunceford
Director, Global Communications
703-747-4545
Steve.lunceford@bearingpoint.co