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CoreTech Consulting Group agrees to buy Red Sector A Corp., strengthens e-business capabilities

Philadelphia, PA, May 7, 1999 — As part of its growing focus on helping companies in their electronic business initiatives, CoreTech Consulting Group, Inc. today announced it has signed a letter of intent to purchase Red Sector A Corporation, an Internet professional services firm based in Mt. Laurel, New Jersey.

Red Sector A is a pioneer in helping companies address e-commerce and other e-business initiatives from an executive-level viewpoint, by addressing how these initiatives affect offline business strategies and processes. Beginning with its e-metrics™ methodology, Red Sector A offers a wide range of services from strategy through implementation including user-interface design, e-commerce applications, search capabilities, and Internetworking and security. CoreTech is a leading consulting firm that helps its clients successfully plan and implement information technology-based solutions. The client base for both companies ranges from middle market firms to the Fortune 500.

"Red Sector A’s unique e-business framework, coupled with CoreTech’s technical depth and breadth, provides a powerful combination which will further establish our expertise in helping companies design and implement e-business solutions. This will prove to be a major advantage to our clients as they initiate their e-business plans," said CoreTech Consulting Group Chief Executive Officer Ed Beaumont.

"Companies successful in e-business are able to identify and respond to the trends that drive their marketplace," commented Mark Redlus, Red Sector A Chief Executive Officer. "Red Sector A has succeeded by helping companies understand the driving forces that determine what they and their customers need to succeed in an e-business enabled environment. Combining our talents with CoreTech’s leading abilities to help companies plan and implement new technologies is a strategic win for both sides."

Red Sector A’s e-metrics™ methodology complements CoreTech’s TOPP DisciplineSM (Technology, Organization, Processes, People) approach to technology-based solutions. "The e-metrics™ framework ensures that we are doing the right thing for our customers. TOPP is the process that makes sure we are doing the thing right. Together, they represent an unbeatable combination," Beaumont said.

Terms of the agreement were not disclosed.

About CoreTech Consulting Group and Red Sector A

CoreTech Consulting Group, Inc. is an Information Technology consulting firm that excels at helping companies realize the full potential of new technologies, maximizing business benefit while minimizing disruption and risk. Solutions developed by CoreTech help companies ultimately provide greater business value by assisting their clients in understanding and managing the broad implications new technology may have on their organizations, processes and people. CoreTech, which has been named to the Inc. 500 and Deloitte & Touche’s "Fast 500," is based in suburban Philadelphia and has offices located around the United States. More information about CoreTech may be obtained by calling 800-220-3337 or visiting www.CoreTech.com.

Red Sector A Corporation started as an Internet Services Provider in 1993. It has maintained its focus solely on the Internet since then adapting to the demands of the changing marketplace to meet the e-business needs of corporate executives. Red Sector A is an IBM Premier Business Partner, with an Internet Specialty in e-commerce solutions, a Lotus Business Partner, and maintains a strategic alliance with AltaVista Company. For more information on Red Sector A visit their web site at www.rsacorp.com or www.e-metrics.com.

 

Contact:
Heather Zoumas
CoreTech Consulting Group, Inc.
e-mail: hzoumas@CoreTech.com
Phone: 800-220-3337
Fax: 800-649-1814
Steve Friedberg
The DEM Group
610-992-0889
e-mail: steve.friedberg@demgroup.com




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