Press Release

Avasant continues its expansion into Europe

LOS ANGELES, California - May 24, 2013: Avasant is pleased to announce the opening of Avasant Europe, a fully-integrated subsidiary of Avasant LLC USA. Avasant Europe is headquartered in London, and is exclusively dedicated to support our Europe-based clients. The initial key focus areas of Avasant Europe will be the UK, Benelux and Nordic regions. "Avasant's strategic opportunities in Europe have been growing for the past three years," commented Avasant Global CEO Kevin S. Parikh. "With this expansion, Avasant cements its commitment to the EMEA region and to our clients." Avasant Europe will be led by Managing Partner Adrian Quayle, former Vice President at Gartner Consulting, Strategic Sourcing EMEA and Managing Partner at Whitebridge UK. Adrian has also served as a board member of National Outsourcing Association over 11 years, and as of 2010, as the board member responsible for development of NOA Regional activities in the UK. He also chairs the International Standard Committee on Outsourcing (ISO 37500). Avasant has rapidly established itself as a leading management consulting firm in North America, Asia and Africa," noted Avasant Europe Managing Partner Adrian Quayle. "The recent 3rd place ranking in the IAOP 2013 World's Best Outsourcing Advisors list is testimony to Avasant's success in providing high quality support for its clients around the globe. I am delighted to have the opportunity to work with the Avasant team in extending this support to many more clients throughout Europe." Operations at Avasant Europe are already underway, successfully building a wider network of consultants across UK and continental Europe. We look forward to appointing additional executives as we expand our footprint across Europe in the period ahead. About Avasant Avasant is a next-generation management consulting, research and events firm servicing global clients across the public, private, and non-profit sectors. Avasant's talented team of consultants, lawyers and technologists average over 20 years of industry-honed experience and have conducted over 1,000 engagements in over 40 countries worldwide. Avasant is recognized as a leading strategic sourcing, technology optimization and globalization consulting firm. The International Association of Outsourcing Professionals ranked Avasant No. 3 in their World's Best Outsourcing Advisors for 2013. Vault Consulting recognized Avasant among "Top IT Consulting" and "Best to Work For" consulting firms for 2013. Avasant has also been honored as the Black Book of Outsourcing's "Number 1 BPO Advisor" and a "Top 10 Full Service Advisor". To learn more about Avasant, please visit www.avasant.com. For more information, contact Adrian Quayle Managing Partner Voice: +44 7770 431 409 adrian.quayle@avasant.com Avasant Europe c/o DWF LLP Capital House 85 King William Street London EC4N 7BL Avasant LLC USA Voice: +1 310 643 3030 Fax: +1 310 643 3033 marketing@avasant.com contactus@avasant.com