Stonebridge announces acquisition of The Stalwart Group, a Tulsa-based education and project management services company

DALLAS, Texas, January 18, 1999 – Continuing to expand its regional presence and breadth of expertise in education and consulting services, Stonebridge Technologies, Inc., a leading regional solutions integrator, announced today it has completed the acquisition of Tulsa-based The Stalwart Group (Stalwart).

Founded in 1995, Stalwart focuses on the education and mentoring of project teams and the management of projects within large corporations. Training programs offered by Stalwart include project team performance, managing successful projects, leadership skills, decision making skills, continuous improvement of customer care, and internal consulting skills. Other services provided by Stalwart include direct mentoring of project teams and project managers, information technology project methodology development, and direct project management.

Stalwart's major clients include numerous divisions of The Williams Companies, MCIWorldCom, United Video Satellite Group, ONEOK and The SABRE Group.

Robert E. Schooley, Ed. D., founder and president of The Stalwart Group, will join Stonebridge as its new practice director, education services. Prior to founding Stalwart, Schooley held the position of senior manager with Ernst & Young responsible for their national training group, designing, developing and delivering programs for information systems, change management and project management. Prior to Ernst & Young, he was an information system teaching professor at Oklahoma State University, Memphis State University and San Diego State University, where he was twice named San Diego State's Outstanding Faculty Member.

"We continue to seek out leading consulting firms to contribute to Stonebridge's breadth and depth of expertise," said James Ivy, Stonebridge president. "Bob has developed an excellent reputation among his clients, many of whom are also current Stonebridge clients. In addition, his service offerings are very complementary to our existing Stonebridge University and IT Boot Camp programs. We are pleased to be able to leverage Stalwart's skills to again strengthen our education and consulting services offerings for our clients."

About Stonebridge

Stonebridge Technologies, Inc. is a leading provider of e-business solutions, integration and consulting services in the Southeastern and Southcentral United States. Stonebridge delivers 90 percent or more of its engagements using local Stonebridge consultants — a unique strategy giving clients cost-effective solutions that raise productivity and reduce risks associated with e-business transformation and complex technology projects. Stonebridge solutions focus on Extended Enterprise Resource Planning (XERP), Electronic Relationship Management (eRM) and Operations Resource Management (ORM). Areas of technical expertise include: business intelligence, software integration, custom development, business applications, infrastructure development and accompanying IT services.

Stonebridge employs more than 400 associates in twelve geographic locations. Stonebridge clients span a variety of industry sectors such as telecom, high technology, financial services, electronics and energy. Clients include many blue chip companies and large organizations such as Blockbuster, Chick-fil-A, eMerge, E*TRADE, Home Shopping Network, MCI Telecommunications, Texas Instruments, Williams Companies, GTE, Golfsmith, Northern Telecom and The Weather Channel.

For more information on Stonebridge Technologies, visit us online at www.sbti.com.