The Revere Group Acquires Tryarc, LLC

CHICAGO, IL, August 2, 2007  - The Revere Group, a subsidiary of Japan based NTT Data Company and a global business and technology consultancy firm, announced the acquisition of Tryarc, LLC (“Tryarc”), based in Los Angeles and San Francisco, CA. Tryarc is a privately held information technology consulting firm that specializes in Business Systems and Custom Application Development for entertainment, healthcare and manufacturing and distribution companies. Terms of the transaction were not disclosed.

“In closing this deal with Revere and NTT, FocalPoint was able to identify the right partner for Tryarc’s shareholders,” commented Nishen M. Radia, managing director of FocalPoint. “The deal demonstrates another example of our ability to access a diverse pool of international strategic buyers for our clients, a factor which is increasingly relevant when driving value in global sectors such as Information Technology."

“Becoming a part of The Revere Group provides us with a platform to accelerate growth in this region. In addition to our solid service offerings in SAP, Microsoft, Business Objects and Software development, we are now positioned to offer our clients expanded services such as Business Continuity Planning, Organizational Change Management, Managed Hosting and Operational IT Services,” states Trevor Bezdek, managing partner and founder of Tryarc. “We look forward to leveraging existing relationships and strengthening the Revere and NTT Data brand in the West.”

The Tryarc merger will add approximately 100 employees to Revere. The current senior leadership’s depth of experience includes IT strategy, software development, business-process reengineering and consulting, and spans industries such as entertainment, healthcare, and manufacturing and distribution. The existing management team is committed to growing Revere’s presence in the West.

“This acquisition supports the goal of expanding our presence throughout North America over the next three years. Tryarc’s growth, reputation and service offerings are particularly complementary to Revere,” states Michael Horne, Revere’s executive vice president and managing director for the west region. “Additionally, Tryarc’s strong business partnerships and service offerings in SAP, Microsoft as a Gold Partner, and Business Objects as a Platinum Partner bring good scale, depth and breadth to our existing practices.”

Revere is actively pursuing additional acquisitions in the West Coast states. Over the next five years, the company’s strategic business plan includes a combination of organic and acquisition growth to propel Revere’s western region to approximately $125M annually. With multiple offices in the West, the company anticipates growing to over 500 employees in the region.

About Tryarc
Tryarc LLC, headquartered in Los Angeles, CA, is a full service information technology consulting firm that specializes in Business Systems, Custom Software Development and Process Outsourcing. Founded in 2001, Tryarc is dedicated to strengthening business performance and competitive advantage for its clients through tailor-made, high quality consulting services and software application solutions. By utilizing a defined framework, Tryarc offers its clients both a low initial investment cost and low total cost-of-ownership. Tryarc routinely functions as a virtual extension of its client's delivery organization through an accessible staff, a proven and highly efficient methodology and engineering excellence. For more information, visit www.tryarc.com.

About The Revere Group 
In operation since 1992, The Revere Group is a North American business unit of NTT Data.  Revere is a leading business and IT solutions firm dedicated to accelerating growth, improving profitability and driving performance for its clients. Revere’s services focus on three core business areas of Business Consulting, IT Solutions and Managed Technology Services. As a trusted advisor to its clients, Revere’s service approach of Think, Build and Source develops cost-effective solutions while achieving business results that deliver high value and return. Based in Chicago, IL, The Revere Group delivers its solutions throughout the United States, India and Asia. For more information, visit www.reveregroup.com.

About FocalPoint
FocalPoint is a Los Angeles-based independent investment bank, specializing in mergers and acquisitions, private placements (both debt and equity), and financial restructurings. The firm’s primary focus is on middle-market companies with revenues between $20 million and $250 million. FocalPoint focuses on five key sectors which include business services, health care, consumer, technology, and industrials.

Please contact Nishen Radia at (310) 405-7040 with any questions about this transaction.

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