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ACUENT TO RENAME COMPANY CHERRYROAD TECHNOLOGIES

20th Anniversary Year Marked by New Name, Expanding Services


PARSIPPANY, NJ, December 16, 2002 - Acuent Inc., a full-service systems integrator, today announced that it will change its name to CherryRoad Technologies Inc. in January, 2003. Because the systems integration marketplace has grown to include several similarly named players, Acuent is taking this step to clearly distinguish itself from the rest of the field and to emphasize its position as a full-service, project-based systems integrator.

CherryRoad Technologies will continue to provide a comprehensive range of systems integration services for Fortune 1000 companies, the public sector and institutions of higher education. As it enters its 20th anniversary year in 2003, CherryRoad Technologies will continue to introduce new initiatives that benefit customers and prospects.

"We have a new name, but our mission is the same as ever: to provide answers that work for our customers," said Tom Ferrando, president and COO of Acuent. "We do what we say we're going to do. We approach each project as a partnership, our team working side-by-side with our customers to transfer knowledge and guide the project through completion. As a result, we have established a solid reputation for on-time, on-budget integration projects and significant repeat business."

A continually profitable, privately held firm with longstanding customer relationships, the company's offerings includes ERP implementations and upgrades, management consulting, system integration services, CRM strategic and delivery services, e-procurement, supply chain management, portal integration and Web services. CherryRoad Technologies provides extensive design, support and management services for organizations such as the U.S. Army, including the award-winning Army Knowledge Online (AKO) portal.

The new name, which will help to differentiate the company from the competition, is derived from the Cherry Hill Road address of corporate headquarters in Parsippany, NJ.

About Acuent / CherryRoad Technologies

Acuent Inc., soon to be CherryRoad Technologies Inc., provides comprehensive services to integrate business and technology solutions for Fortune 1000 companies, institutions of higher education and the public sector. The company has more than 400 customers, including Lucas County, Ohio; Contra Costa County, Calif.; D.C. Public Schools; Exostar; Intermedia Communications; Port of Seattle; the State of Georgia; Twentieth Century Fox and the U.S. Army. Acuent has 400 employees and offices throughout the United States.

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