BearingPoint (BE) Begins Trading on NYSE Arca

June 20, 2008 10:06 AM EDT

BearingPoint, Inc. (NYSE: BE) confirmed that on June 18, 2008 its common stock began actively trading on NYSE Arca, a national securities exchange. The Company's ticker symbol (BE) has not changed and the Company remains listed on the NYSE. Pursuant to the rules of the NYSE, trading in the Company's stock was transitioned from the NYSE's floor trading system to the NYSE Arca, the NYSE's electronic trading platform, when the Company's stock began trading below $1.05 per share.

The transition of the Company's stock to NYSE Arca was responsible for a temporary halt in trading on June 18. The Company's stock can resume trading on the NYSE floor trading system once it trades at or above $1.10 per share for a full trading day. The Company continues to be subject to the rules and regulations of the NYSE and remains in compliance with the continued listing standards of the NYSE. Additionally, the Company wishes to confirm that NYSE Arca is a "national securities exchange" under Section 6 of the Securities Exchange Act of 1934, as amended, and the transition to trading on NYSE Arca produces no effect under any of the Company's various debentures.

BearingPoint, Inc. (BearingPoint) is a provider of management and technology consulting services to Forbes Global 2000 companies, as well as government organizations.

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