Revenues jump 83% in 2001 for T4 Consulting Group

T4 Consulting Group, a leading provider of web development and integration services, announced that its revenue for FY2001 topped $2.5 Million, up from $1.3 million in FY2000, an 83% increase. In addition, operating income expanded by 235%.

January 30, 2002 - Leesburg, VA -- T4 Consulting Group, a leading provider of web development and integration services, announced that its revenue for FY2001 topped $2.5 Million, up from $1.3 million in FY2000, an 83% increase. In addition, operating income expanded by 235%.

To drive its growth, T4 Consulting Group has focused upon hiring and retaining only experienced consultants that have strong business and technical capabilities. This philosophy allows T4CGs practitioners to address both the technical challenges, as well as the business issues that clients face on a daily basis.

The strong operating results for last year were driven by a number of factors," stated Ron Kattas, President and Chief Executive Officer of T4 Consulting Group. We added a considerable number of new clients while also penetrating our existing client base with significant conversions and expansions."

Several of the key contract wins during 2001 included ADP, VeriSign, Oxford Health Plans, Keyspan Energy, and Booz Allen & Hamilton.

In addition to increased sales, T4CG also expanded its network of strategic partners. The company added IBM (NYSE:IBM) and Software AG (Frankfurt:SOWGn.F) to its Partner Network. This expanded Partner Network allows T4CG to continue to grow its client base by providing value added services that complement its partners web tools and applications.

About T4 Consulting Group
As a Sun Certified Subcontractor (NASDAQ:SUNW), T4 Consulting Group provides end-to-end systems integration and application development solutions using the leading industry tools and technologies. T4CGs team of senior systems engineers has extensive experience spanning requirements formation, project management, complete systems integration, and custom web development. T4CG specializes in the following areas:

·   iPlanet Solutions
·   Enterprise Java
·   Architecture and Integration
·   Database Solutions
·   Creative Services

T4 Consulting Group is located in Leesburg, VA and employs approximately 20 professional service practitioners.

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Contact:
Ron Kattas
703.729.4990, ext. 234
rkattas@T4CG.com

Brandon Power
703.729.4990, ext. 236
bpower@T4CG.com

www.T4CG.com