Saugatuck Technology Reorganizes and Changes Name in Response to Market Growth

Saugatuck Technology LLC Renamed Saugatuck Technology Inc. in Response to Market Growth

(Westport, Connecticut -- March 7, 2003) -- Saugatuck Technology, a strategic advisory firm to high-tech vendors and service providers, announced that it has completed a reorganization of the company. A new Connecticut C" corporation has been created, Saugatuck Technology Inc., through which all continuing operations will be conducted.

We have had substantial success and growth during 2002, in spite of a challenging market within the IT sector" said William S. McNee, Saugatuck Technologys founder and chief executive. The new corporate structure creates a much stronger business platform through which we can continue to grow the company, add new staff and deliver tangible value for our clients."

Regardless of market conditions, our clients - the leading IT vendors and service providers - must continue to move forward with key marketing initiatives. In this environment, Saugatuck provides a unique value proposition that not only helps our clients develop market and product strategy, but to also reach senior decision makers in a very actionable way," said Paul T. Fenick, Managing Director of Business Development. This reorganization will help us better respond to growing client and market demand, and to continue to attract the most experienced business and strategy consultants."

About Saugatuck Technology
Saugatuck Technology is a strategic advisor to leading information technology vendors, providing market strategy consulting, custom research and thought-leadership services that help win, keep and grow customers. Its mission is to accelerate growth through strategic intelligence, filling a gap between high-cost strategy consultants and IT market research/analyst firms. Its proven research and consulting methodologies, and deep industry network, help clients develop high-impact market, product and service strategies, winning go-to-market tactics and effective thought-leadership programs. Founded in 1999, Saugatuck Technology is headquartered in Westport, CT. For more information, visit www.saugatech.com.