Press Release

Avasant Named as “World’s Best Outsourcing Advisor” in IAOP 2009 List

LOS ANGELES, April 28, 2009 - Avasant a leading management consulting firm specializing in both sourcing advisory and globalization services, has been recognized by the International Association of Outsourcing Professionals (IAOP) in its top ranking of 2009 World's Best Outsourcing Advisors.  The advisor ranking, part of the 2009 Global Outsourcing 100(TM) was published in a special advertising section of Fortune(R) in the May 4, 2009 issue. Avasant is a global strategy and sourcing advisory firm that helps clients navigate the complete lifecycle of IT, Business and Knowledge Processes sourcing solutions through an experienced team of management consultants, advisors, and lawyers.  Avasant offers advisory services for developing sourcing strategies, executing sourcing transactions and managing sourcing relationships. "It is always an honor to be recognized as a "World's Best Sourcing Advisor," said Kevin Parikh, CEO of Avasant. "This is further proof that, even in tough economic conditions, our clients see tremendous value in the services offered by Avasant." Chairman of IAOP, Michael Corbett cited a "rigorous and independently judged process" to determine the top candidates.  The IAOP study also included rankings for IAOP's 2009 Global Outsourcing 100 list, which recognizes the world's best outsourcing service providers. For more information about Avasant, please visit www.avasant.com. About Avasant Avasant (formerly Stradling Global Sourcing) is recognized for the second consecutive year as the "#1 BPO" strategic sourcing advisory firm by the Black Book of Outsourcing.  Avasant engages in strategy development, transaction execution, and outsourcing management. The company's global sourcing services include information technology outsourcing, business process outsourcing, knowledge process outsourcing, green sourcing, and private equity solutions. Its globalization services include mergers and acquisitions, G2Market services, risk management services, global execution strategy, global legal services, and private equity consulting. The company serves various industries, including energy, financial services, manufacturing, medical and life sciences, technology and telecommunications, and retail, as well as defense and the public sector. Avasant, LLC has locations in Los Angeles and San Diego, California; Chicago, Illinois; New York and Mumbai, (see corporate locations below): Contact: Avasant Los Angeles (Headquarters) Shevy Magen, Partner Business Development (310) 880-8788 Shevy.Magen@avasant.com Los Angeles - New York - Chicago - Mumbai - London About IAOP The International Association of Outsourcing Professionals(tm) (IAOP(tm)) is the global, standard-setting organization and advocate for the outsourcing profession. With 40,000 customer, advisor and provider members worldwide, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses. To learn more, visit www.outsourcingprofessional.org.