Freeborders Extends Consulting Capabilities for Business Transformation

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Freeborders, recently awarded a Rising Star designation from the International Association of Outsourcing Professionals, completes their acquisition of Global Sourcing Advisory Group

We are very pleased to join the Freeborders family

Freeborders, a leading provider of consulting, technology and outsourcing services to the financial services, high tech and travel industries, today announced that it acquired Global Sourcing Advisory Group (GSAG), a leading strategic and technology consulting firm, based in New York.

GSAG (http://www.gsadvisory.com ) focuses on high-impact advisory, benchmarking and transformation consulting services, including shared services, as well as offshoring and outsourcing advice. In addition, GSAG possesses extensive experience providing technology strategy and planning, and program and project management services.

"We welcome the GSAG team to Freeborders. This acquisition expands our consulting capabilities and represents part of our ongoing strategy to provide world class consulting, technology and outsourcing services," said Jean Cholka, CEO, Freeborders. "The blend of GSAG's strong business advisory services and Freeborders' global delivery and implementation capability provides an exceptional opportunity to enhance our business - and the value we deliver to our customers."

"We are very pleased to join the Freeborders family," said John Stacey, CEO, GSAG. "The combination of our proven consulting expertise coupled with Freeborders' leading global delivery capability from China provides clients with a unique and cost-competitive partner for delivering large, end-to-end programs. We found a great cultural fit between both companies in terms of commitment to unparallel client satisfaction, entrepreneurial spirit, corporate culture, and overall vision for the future of the global services industry."

GSAG will operate as an independent business unit with access to global delivery capabilities as required by their clients.

About GSAG - http://www.gsadvisory.com
Global Sourcing Advisory Group, a global strategic advisory firm, is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice. Founded in 2000, the company utilizes best practices and implementation insights from more than 1,000 benchmarking engagements. Executives use GSAG's empirically based approach to quickly define and prioritize initiatives to enable world-class performance.

About Freeborders - http://www.freeborders.com
Freeborders provides specialized expertise to solve the most complex business challenges for the financial services, travel and high tech industries. The company provides global consulting, latest technologies and outsourcing services that leverage its deep domain expertise, innovative thinking and strategic execution through its integrated China to US delivery model. Freeborders is uniquely positioned to cost-effectively enable its clients to achieve their business objectives.

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Paul Macchia
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