@thought Announces Higher-Ed, Non-Profit Focus

@thought Inc, a technology and strategy consulting firm focused on the Higher Ed and Non-Profit sector with Headquarters in Tarryton, New Tork based technology firm with offices in Washington, D.C., Boston and New York City, announced today the sale of their for-profit service division. @thought will now focus exclusively on consulting to public sector organizations.

@thought Inc, a technology and strategy consulting firm focused on the Higher Ed and Non-Profit sector with Headquarters in Tarryton, New Tork based technology firm with offices in Washington, D.C., Boston and New York City, announced today the sale of their for-profit service division. @thought will now focus exclusively on consulting to public sector organizations.

Founded in 1999 by Arthur Tisi the firm initially provided services to for-profit and non-profit organizations. Before starting @thought, Tisi was the CIO at the Metropolitan Museum of Art in New York. The museums is the largest museum in the Western Hemisphere.

"We clearly believe we add greater value to the public sector, " Tisi stated. "With our ability to retain our clients and with the successful work we have done for them, it seemed clear that from our perspective and from that of our investors, it made sense for us to refine our focus."

@thought has delivered 6 consecutive quarters of positive financial results and plans to expand their higher-education and non-profit practice further in Q4 of 2002.

Deutsche Bank is @thought's equity investor.