BearingPoint Completes Upgrade and Conversion of ERP System for Reichhold

MCLEAN, Va.--(BUSINESS WIRE)--BearingPoint, Inc. (OTCBB:BGPT), one of the world’s largest management and technology consulting firms, today announced that it has completed an upgrade of the Enterprise Resource Planning (ERP) system for Reichhold, the world’s largest supplier of unsaturated polyester resins.

“With no major issues during and after implementation, Reichhold is well-prepared with an up-to-date SAP solution-based platform for future growth and roll-outs in other countries around the world.”

Reichhold’s ERP upgrade included a conversion to support Unicode, an industry standard that provides the basis for processing, storage and interchange of text data in any language across diverse software and IT platforms with minimal business process changes.

The Unicode conversion project was driven by the company’s rapid growth in China, India and other parts of Asia. U.S.-based Reichhold has 18 manufacturing sites in 11 countries throughout the Americas, Asia and Europe.

The primary goal of the ERP upgrade was to minimize business disruption due to the upgrade effort, and provide Reichhold with a platform to leverage new capabilities. As a result, BearingPoint upgraded Reichhold’s system based on the SAP® ERP application and simultaneously converted the system to support Unicode.

“The system upgrade and Unicode conversion progressed ahead of schedule and with less production system down-time than anticipated,” said Roger Willis, Reichhold chief financial officer. “With no major issues during and after implementation, Reichhold is well-prepared with an up-to-date SAP solution-based platform for future growth and roll-outs in other countries around the world.”

BearingPoint leveraged its global reach and capabilities to support Reichhold’s worldwide operations. BearingPoint relied on the software application expertise in its Global Development Centers for the technical and functional testing of Reichhold’s upgraded SAP solution-based system. Doing business in more than 60 countries, BearingPoint serves more than 2,400 clients, including the world’s largest government agencies and 650 of the Forbes Global 2000.

“This successful ERP upgrade and conversion resulted from our extensive experience with the SAP solution, meticulous planning and our ability to work seamlessly with the client’s various technology partners,” said Venky Jayaraman, BearingPoint managing director. “We are pleased Reichhold is now poised to further leverage its ERP investment, so it can respond more efficiently to internal and external business drivers and implement process innovation.”

About BearingPoint, Inc.

BearingPoint, Inc. (OTCBB:BGPT) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm has approximately 16,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. 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. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to “next-generation” technology. For more information, visit the Company's Web site at www.BearingPoint.com.

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