Old Saybrook, CT - August 1, 2005 - The Bearing Group and Corporate LAN Consultants today announced that they have reached an agreement to merge the two companies and market, sell and deliver their combined services under The Bearing Group brand. The merger will be effective August 15, 2005 and the integration of the two companies is targeted to be completed by August 31, 2005. "This is a great day for both companies. Our businesses compliment each other perfectly and our combined capabilities will further enhance our market leadership positions," said Robert Hester, Founder and Managing Partner of The Bearing Group. "We were targeting the same customer profile but from different angles. By joining forces, we are able to provide a much higher level of service to both current and prospective clients, diversify revenues and streamline operations," said Sean Walsh, President of Corporate LAN Consultants.

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Old Saybrook, CT - July 11, 2005 - The Bearing Group today announced that it has been selected by Emergent Communications to be the primary provider of telecommunications and data network consulting services under the Emergent brand. The agreement also allows for the marketing and sale of Emergent services under The Bearing Group. "VoIP is one of the most exciting areas in the industry today. By integrating Emergent's capabilities into our existing offers, we will be able to provide our customers with a more comprehensive offering," said Don Gallagher, Managing Partner of The Bearing Group. "The Bearing Group's expertise and experience in designing and deploying converged network solutions is a great compliment to our capabilities and allows us expand our service offerings," said Mike Tedder, President of Emergent Communications.

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Old Saybrook, CT - June 29, 2005 - The Bearing Group today announced the signing of an agreement with North American Communications to market and sell carrier services under the Bearing Group brand. It also allows for the sale of The Bearing Group's consulting services under the NAC brand. "We are extremely excited about the prospects of working with NAC. The ability to leverage their brand recognition, 20 years experience and relationships with several carriers will be invaluable," said Robert Hester, Founder and Managing Partner of The Bearing Group. "The agreement solidifies an already close relationship between the two companies and provides both organizations with an opportunity to diversify revenues and increase market share", said Dan Robles, President of North American Communications.

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