EquaTerra Creates EquaSiis to Provide Software, Intelligence, Insights and Services

Houston and London (February 9, 2009) - EquaTerra announces the formation of EquaSiis, a wholly-owned company that will focus exclusively on helping shared services, outsourcing organizations and service providers gain market intelligence and improve operational performance through EquaSiis software and tools along with subscription and specific advisory services exclusively for service providers. EquaTerra is consolidating each of these existing businesses into a separate business unit, EquaSiis.

EquaTerra has seen an increasing market demand for its software - tools designed to create value for service delivery analysis and sourcing teams, shared services and outsourcing governance organizations. These organizations are seeking data, research and software to achieve cost reductions and best practices to support business decisions. In response EquaTerra created Governance WorkPlace® and Sourcing WorkPlace™, which will now be offered through EquaSiis.

According to Taylor Hawes, Controller, Financial Operations, Microsoft Corporation, "EquaSiis Enterprise™ developed in collaboration with Microsoft, is instrumental in the management of outsourcing relationships for Microsoft, with a global footprint of more than 90 countries. The Enterprise™ solution enables us to view and analyze data critical to our success. The value is significant given our ability to leverage our existing infrastructure including SharePoint® and SQL Server®."

Additionally, EquaTerra has seen increased demand from outsourcing service providers in their desire to gain market insight. In order to separate its buy-side advisory from its service provider advisory, EquaSiis will now deliver service provider data and advisory services while EquaTerra will continue to offer advisory services to buy-side companies. All service provider advisory services will ensure that EquaTerra retains its unbiased approach in the marketplace.

Bill Weathersby will operate as president of EquaSiis and will be joined by a group of former EquaTerra research, data analysts and software experts who currently serve approximately 50 clients. EquaTerra will retain exclusive rights to the use of EquaSiis software - EquaSiis Enterprise™ (formerly GovernanceWorkplace®) and EquaSiis Workbench™ (formerly Sourcing WorkPlace™).

About EquaSiis
EquaSiis provides software and services that improve the business support services lifecycle for shared services, outsourcing practitioners and service providers. The software, EquaSiis Workbench and EquaSiis Enterprise, is a framework for collaboration used during the service delivery assessment and sourcing process to assist in analysis and decision making for shared services or outsourcing. EquaSiis provides intelligence and optimization for the delivery of business support services across the entire organization. The company also offers service providers market intelligence, research, customer satisfaction and trending data through its Insights group. For more detail or to obtain a copy of research, please contact Stan Lepeak. To learn more about EquaSiis, contact Ron Walker
+1 858 486 6035; ron.walker@equasiis.com or www.equasiis.com .

About EquaTerra
EquaTerra sourcing advisors help clients achieve sustainable value in their IT and business processes. Our advisors average more than 20 years of industry experience and have supported over 2000 transformation and outsourcing projects across more than 60 countries. Supporting clients throughout the Americas, Europe, Middle East, Africa and Asia Pacific, we have deep functional knowledge in finance and accounting, HR, IT, procurement and other critical business processes. EquaTerra helps clients achieve significant cost savings and process improvement with internal transformation, shared services and outsourcing solutions. For more information, please contact Lee Ann Moore at
+1 713 669 9292; leeann.moore@equaterra.com ; www.equaterra.com.

Media Contacts:
Ron Walker
+1 858 486 6035
ron.walker@equasiis.com