Global Consultants acquires Blue Hammock

Bangalore

September 4th, 2007

Global Consultants, Inc. (GCI), providers of end-to-end information
technology services and solutions has announced the acquisition of Blue Hammock,
Inc, Pennsylvania-based company focused on the strategy and delivery of
comprehensive services in data warehousing and business intelligence. This
latest deal continues GCI's growth strategy of bolstering its competencies.

"When GCI received $30 million in equity funding from Oak Investment
Partners last year, part of the goal was to pursue diverse acquisitions that
would broaden our range of expertise in different practices, including data
warehousing and business intelligence" said Dominick Cavuoto, CEO of GCI.
"Blue Hammock's proven abilities in those areas, dovetails nicely with our
overall vision and goals."

Jawahar Bekay, Chief Strategy Officer and MD - India, GCI added, "This
announcement underscores our strategy of steadily building deep domain and IT
solutions capability as GCI enters the next phase in its growth. GCI will
combine its strong offshore capabilities with the skills that the Blue Hammock
team brings on board to offer customers' access to BI strategy and
implementation services. This is an exciting opportunity for our teams to work
on the forefront of BI technologies at both the consulting and implementation
levels."

Under the terms of the deal, the employees of Blue Hammock will become part
of GCI, which will substantially expand the company's domain expertise in data
warehousing and business intelligence.

"This is a win for our clients as well as our employees," said Eric
Carlson, CEO of Blue Hammock. "Our clients will benefit from the expanded
set of delivery capabilities we can now offer. In addition, our employees will
be presented with significant growth opportunities by becoming involved with
more diverse projects. We are all looking forward to adding to the tremendous
success of GCI."