MCLEAN, Va., April 27 -- BearingPoint, Inc., one of the world's largest business consulting and systems integration firms, announced today that it has helped the State of Texas collect more than $1 billion in state and local government revenue through the state's official website, www.TexasOnline.com. The website, which was officially launched in September 2000, provides a single, secure channel for citizens to interact with state agencies and local governments.

"Use of the service by citizens saves state and local government agencies time, reduces their costs, and assists government in becoming more efficient - - this is especially critical in these challenging economic times," said Charles Bacarisse, chairman of the TexasOnline Authority. "By continuing to expand the services available through www.TexasOnline.com, we are making state and local government agencies more citizen-focused and putting Texans first."

Over the past three years, the State of Texas, in collaboration with BearingPoint, has made available a wide range of services and information for the public to access via the Internet. Services range from the renewal of driver licenses and vehicle registrations, to the payment of business sales tax and parking tickets, to the real-time filing of court documents. Over one million transactions are now processed each month and an average of $1.62 million in transactions are processed daily.

Two online services generating a significant amount of online revenue collection for the state are the Texas Comptroller of Public Accounts' "WebFile" program, which enables businesses to file and pay sales tax returns via the Internet, as well as a service that allows Texas A&M University students to pay their tuition and fees.

"We're delighted to have helped the State of Texas achieve this milestone. To date, the website has received more than 24 million visits from Texas citizens and the number grows each and every day," said Gary Miglicco, BearingPoint's national director for e-government services. "The development of our e-government services significantly benefits Texans from the Panhandle to the Rio Grande Valley by ensuring that government services and information are available to them anytime from anywhere."

The 77th Legislature created www.TexasOnline.com to provide an electronic government framework that makes state and local government more accessible to Texas residents and businesses. BearingPoint and the state have been working together in a public-private collaboration since May 2000, when the Texas Department of Information Resources awarded a contract to the company to implement TexasOnline and provide a variety of managed services, such as web application development, payment processing, call center management, and intrusion detection monitoring.

About BearingPoint, Inc.

BearingPoint, Inc. (NYSE: BE - News) is one of the world's largest business consulting, systems integration and managed services firms serving Global 2000 companies, medium-sized businesses, government agencies and other organizations. We provide business and technology strategy, systems design, architecture, applications implementation, network infrastructure, systems integration and managed services. Our service offerings are designed to help our clients generate revenue, reduce costs and access the information necessary to operate their business on a timely basis. Based in McLean, Va., BearingPoint has been named by Fortune as one of America's Most Admired Companies in the computer and data services sector. For more information, visit the Company's website at www.BearingPoint.com.

This press release may contain forward-looking statements, the accuracy of which is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our Transition Report on Form 10-K for the six months ended December 31, 2003. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.