New York City, NY; Silicon Valley, CA; and Los Angeles, CA -- June 25, 2005. SageGroup Strategies announces that it has formed a major Europe Division to help Europe-related troubled companies in Europe, the USA, and worldwide. The Division's top focus is USA-based companies which have large European investors or owners. The Division will also consider other Europe-related troubled companies, such as Europe-based companies with American, Asian, Canadian, and/or European large investors or owners.

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.

Jean-Paul Pages, a SGS Europe Division Co-Manager whose major multinational experience includes over 20 years as turnaround CEO of European-owned and USA-owned company units based in Europe and Japan, stated, "It is very important in business today to have a major multinational business, cultural, and sociological perspective, sensitivity, and flexibility. In my personal experience I have found this to be very important not only in managing and building companies but also in turnaround situations. SageGroup places a major emphasis on bringing its multinational capabilities and focus to appropriate business situations in Europe, the USA, and elsewhere."

"SageGroup is especially strong and capable of helping US-based troubled companies, including those with European owners and large investors," stated John Keith-Berkley, a SGS Europe Division member with many years of Europe-based, USA-based, and multinational business experience. "Historically and currently, there has always been a large number of USA-based companies at least partially financed and owned by European-based companies, persons, and other entities. SGS is able to quickly supply appropriate persons, resources, and other important input into such situations, including strong international business expertise and international cultural sensitivities. Like me, many other SGS persons not only have worked much in Europe and with Europeans, but also were born and raised in Europe."

"And, Europe itself is rapidly evolving and changing in significant ways, leading to many troubled companies in Europe," added Richard Taylor, another SGS Europe Division member with major multinational, European, and USA business experience. "Some of these Europe-based troubled companies have European owners and large investors, while others have American, Canadian, Asian, and other owners and large investors. In addition to more usual economic, managerial, financial, legal, and other causes, many European-based companies are being impacted negatively by the rapidly-changing overall political environment, including the major European Union which already has over two dozen countries as members. Current political conflict includes potential approval by the member countries of the 465-articles EU Constitution which would replace the five treaties currently governing the Bloc."

"Besides the various considerations that are primarily within the USA and/or the European Union, there are also many broader aspects regarding overall international and multinational aspects," emphasized Thomas Murray, another SGS Europe Division member with major global sourcing and other multinational experience. "SageGroup is also very strong and capable in these aspects, including because of SGS's many professionals, affiliates, strategic alliances, and other business relationships at this broader international and multinational level. One example is the strong strategic alliance between SGS and the 14-years-old global sourcing firm Nimbus Enterprises which I concurrently manage."

"SageGroup also is very focused on the technological aspects of appropriate Europe-related and other companies," stated Dr. Ken Ferguson, another SGS Europe Division member, and SGS Technology Companies Division Co-Manager, with major experience in working with technology companies, developing technology alliances, and other technological aspects. "Using technological applications is often an important way to help troubled companies get out of trouble and move forward well. Because of its broad multinational orientation and wide geographical base, SageGroup is very capable of bringing advanced technology to new companies, industries, and countries."

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