CONTACT INFORMATION

BearingPoint, Inc.
www.BearingPoint.com

Jodi Cohen
jodi.cohen@BearingPoint.com

MCLEAN, VA., January 30, 2007 - BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms, today announced the completion of a state-of-the-art customer information system based on the Oracle|SPL enterprise revenue management solution for the Orange County Utilities Department, Orange County, Florida. The new system has resulted in enhanced customer service, more efficient revenue management and greater accounting efficiency.

By replacing six outdated, inefficient, and unsupported billing systems, BearingPoint was able to provide the utility one comprehensive database, eliminating most duplication issues and enabling Orange County to save its customers money and offer new tools for more efficient revenue management.

The new system provides real time access to the utility’s financial and customer data, generating a newly formatted utility bill for over 124,000 accounts, 175,000 customers and approximately 1.5 million yearly bills. The system is also providing greater efficiency for account maintenance, accounting service, water, waste water, reclaim water and solid waste data.

“Bringing the Oracle|SPL ERM online was a collaborative effort between BearingPoint and the entire Orange County Utilities staff,” said Rosemary Whitacre, utility customer service manager and project sponsor at Orange County Utilities Department. “BearingPoint’s get-it-done approach and competent team are credited as the key factor in our successful implementation.”

Our team of experienced utilities professionals, coupled with our successful track record of implementing solutions for utilities of similar size and scope, lead Orange County Utilities to select BearingPoint to manage this ambitious project,” said Phil Daniele, a managing director in BearingPoint’s utilities practice. “Our team has partnered with several other utilities in and outside of the State of Florida to deliver successful Oracle|SPL CIS projects. We are pleased to have delivered to Orange County Utilities a solution that eliminates the costly maintenance of legacy systems, that consolidates communication with their customers, and streamlines cash collections by moving from weekly billing to daily billing procedures."

As a result of this successful implementation, Orange County also retained BearingPoint to build out the next phase of the project, which will include automatic credit card billing, workflow development and additional business process re-engineering, as well as development of additional system interfaces.

About The Orange County Utilities Department
The Orange County Utilities Department, Orange County, Florida, provides drinking water, wastewater treatment and reuse, garbage disposal and recycling services to more than 130,000 customers. The departments efforts to preserve and enhance Orange County's precious natural resources have been recognized through awards from both state and national organizations, such as the U.S. Environmental Protection Agency. For more information, visit www.orangecountyfl.net.

About BearingPoint, Inc.
BearingPoint, Inc. (NYSE: BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has over 17,000 employees and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at www.BearingPoint.com.

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Some of the statements in this press release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations, estimates and projections. Words such as “will,” “expects,” “believes” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events or our future financial performance that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. As a result, these statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.