San Francisco, CA; Milwaukee, WI; and Orange County, CA -- May 31, 2005. SageGroup Strategies announces that it has formed a major Construction Industries Division to help troubled construction and related companies nationally and internationally.

SGS is the USA's and world's largest Professional Troubled-Company Specialist firm, with over 600 professionals based in over 60 offices located in the USA, Canada, Europe, and Asia.

"The broad Construction Sector is a major part of the economy in the USA and many other countries, with there being many Construction Industries within the Sector for various types of construction companies and related companies," stated Richard Taylor, a SGS Construction Industries Division Co-Manager with much Industries experience. "Most of these Industries have many troubled companies at any one time, with the numbers increasing dramatically during cyclical economic downturns. SGS has strong experience and capabilities in helping these troubled companies get out of trouble and moving forward well, usually with the objective of transitioning them into larger, stronger, well-financed, and larger-management-team-run ongoing companies. SGS also has business relationships with many quality firms which provide complementary professional services. One example is Global Capital Advisors, a firm I concurrently manage which provides financial advisory services for small and mid-sized companies."

"Many construction companies are strong operationally but get into serious trouble in the financing, financial, legal, accounting, and other important functional support areas," added John Bierylo, another SGS Construction Industries Division member who has over 30 years of experience as a CEO, COO, and CFO in the Construction Industries, is a Licensed General Contractor, and is a CPA with 4 years of experience with PricewaterhouseCoopers, the largest of the "Big 4" CPA firms. "Accordingly, SGS has many quality persons with financial, financing, and related experience who can become involved in helping troubled companies very quickly and expertly. In addition, SGS has developed very strong business relationships with many complementary firms which can quickly become involved. These include angel investors groups, investment banking firms, banks, other financing firms, law firms, CPA firms, and appropriate others."

"Labor union conflicts, employee problems, and other Human Resources issues can also become very critical in the Construction Industries," emphasized Sherry McVicar, another SGS Construction Industries Division member who has over 30 years of experience as a Human Resources professional and who concurrently manages McVicar Associates, a HR firm which specializes in troubled companies. "It is very important that these matters be prevented or resolved quickly because of the serious potential financial losses and other negative consequences. Very often, this can best be accomplished through the involvement of a mutually-respected objective third-party professional firm such as SageGroup."

The SGS Construction Industries Division has at least one representative in each SGS Office in North America. For maximum confidentiality, initial inquiries from troubled construction companies and related companies can be directed to Larry Lindsey, a SGS Managing Director and another SGS Construction Industries Division Co-Manager, at SGS's International Coordination Office, phone number (510) 865-2480.