SageGroup Strategies Press Releases

7/12/02 SageGroup Strategies forms affiliate firm to help troubled companies throughout Wisconsin

Milwaukee, WI - July 12, 2002 - SageGroup Strategies (SGS) announces the new Wisconsin-based affiliated firm SageGroup Strategies of Wisconsin, Inc. (SGS/WI), a Wisconsin corporation. SageGroup Strategies is the Largest Professional Troubled-Company Specialist firm in the United States (and the world), with many offices nationally. SGS/WI is the largest Professional

Troubled-Company Specialist firm based in Wisconsin. The State has

numerous troubled companies. SGS/WI plans to help many of them, also utilizing SGS whenever appropriate

Terry Sivesind, a key SGS/WI executive and a SGS Senior Director, stated, "Wisconsin is a large vibrant business State with much business growth opportunity. At the same time, there are many troubled companies which urgently need and are seeking help to get out of trouble and move forward. SGS/WI wants to help these companies."

"SageGroup Strategies of Wisconsin will have the benefits of local presence and long-term Wisconsin-based professionals, combined with the major national and international SGS capabilities, resources, credibility, and relationships", added Dennis Bahr, another key SGS/WI co-founder and SGS Senior Director. "This combination is expected to strongly help many troubled companies in Wisconsin."

Tom Gearing, a SGS/WI Executive Vice President and another SGS Senior Director, gave a further strategic overview. "We are already a major resource within Wisconsin because of our experienced professionals working through our current offices in Milwaukee and Madison. In addition, we are actively planning to open several additional offices throughout the State, including in Green Bay, Wausau, Eau Claire, Appleton, Fond du Lac, Superior, and LaCrosse. Our growth plans not only include to add more troubled-company clients and staff professionals but also to develop more working relationships with banks, CPA and law firms, State and local governmental entities, and appropriate others. It is in everyone's best interests for more troubled companies to be saved and helped to grow and develop further."

SageGroup brings to Wisconsin its expertise in helping troubled companies resolve complex business situations. Its national staff includes over 500 highly-qualified professionals, including:

  •  Financing and financial experts
  •  Troubled-company specialists
  •  Turnaround experts
  •  Marketing specialists
  •  CPAs
  •  International business experts
  •  Reengineering and productivity improvement experts
  •  Attorneys
  •  Strategists
  •  Joint venture, mergers, and acquisitions experts
  •  Technologists
  •  Corporate executives
  •  Industry specialists

SageGroup's staff has been involved in hundreds of difficult company situations, including:

  •  Refinancings
  •  Turnarounds
  •  Crisis management
  •  Debtor programs
  •  Spin-outs
  •  Restructurings and reorganizations
  •  Managed wind-downs and shut-downs
  •  Various cost-cutting measures
  •  Profit-enhancement and cash-generating steps
  •  Reengineerings
  •  Productivity improvement programs

The corporate SGS/WI Office is based at 5572 Point Drive, West Bend, WI 53095, phone number 262-338-3262. For maximum confidentiality and effectiveness, all initial inquiries from troubled companies and their advisors are directed to Larry Lindsey, a SGS/WI co-founder and a SGS Managing Director at SGS's National Coordination Office, phone number 510-865-2480.

ABOUT SAGEGROUP STRATEGIES OF WISCONSIN, INC.

SageGroup Strategies of Wisconsin, Inc. is the largest Professional Troubled-Company Specialist firm in Wisconsin. It is a close affiliate of SageGroup Strategies, Inc.

ABOUT SAGEGROUP STRATEGIES, INC.

SageGroup Strategies is the largest Professional Troubled-Company Specialist firm in the United States and the world. Notably experienced and knowledgeable, SageGroup prides itself on being very discreet, working with absolute confidentiality and behind the scenes whenever necessary. As part of its strict confidentiality policies, SageGroup has never disclosed or publicized the names of its clients.

More information about SageGroup Strategies is available at: www.SageGroupStrategies.com

MEDIA CONTACT:
Mr. David Lawrence
National Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA 94501
(510) 865-2480 Phone
(510) 865-6654 Fax
SGS@SageGroupStrategies.com