San Francisco, CA; New York City, NY; and Chicago, IL -- August 25, 2005. SageGroup Strategies announces that it has formed a special Division to help African-American companies to get out of trouble and/or to transition into being larger, stronger, larger-management-team-run, well-financed ongoing companies.

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.

Larry Lindsey, a SGS African-American Companies Division Co-Manager with over 35 years' experience as a troubled-company specialist, executive, venture capitalist, financier, and entrepreneur, including in over 300 troubled-company situations, said, "SageGroup Strategies is very pleased to have now formed this important new SGS Division, one that has so much potential to be very productive, beneficial, and worthwhile in many ways. SGS and a predecessor firm have helped several African-American company clients, including: a) a prominent African-American newspaper founded by a well-respected civil rights leader; b) a publicly-held African-American medical company; c) an African-American distribution company founded by a star NFL professional football player and his brother; and d) various other African-American companies. Now that SGS has several quality African-American persons on its professional staff, plus is proactively looking for more, it is a very good time to form this Division."

Delana Goldey, a SGS African-American Companies Division member who owns and operates offices in Sausalito, California and Berlin, Germany specializing in business and real estate financing, real estate brokerage, and related areas, emphasized, "One quite important area of opportunity is to help African-American companies and other entities involved in real estate projects. As an example of this, SageGroup is very interested in working with African-American religious groups who are interested in residential and mixed-use land development. And, there are many other examples."

Dennis Roberts, a SGS African-American Companies Division member with a master's degree and much experience in public administration, added, "SageGroup is very interested and capable of helping African-American companies, firms, and other organizations to work very well and beneficially with federal, state, and local governments and related entities,...as well as vice versa. As just one example, successful African-American companies profit well while also generating more employment, tax revenues, and other benefits for their communities. SageGroup is very capable in helping in these areas."

Jean-Paul Pages, a SGS African-American Companies Division member, and also a SGS Europe Division Co-Manager with many years of CEO experience, said, "It is very important to be very sensitive to the wonderful diversity of people and their cultures worldwide. I have experienced this in my business career in Europe, Japan, and the USA, as well as personally by being a France-raised American immigrant with an African-American wife, children, and close friends. The best ideas and skills come from the human race for the benefit of the human race. SageGroup is not an organization defined ethnically, racially, by gender, or by nationality. Instead, SageGroup has been purposefully formed and staffed by very talented professionals from many different ethnocities, countries, races, and religions. And, the SGS African-American Companies Division includes many quality African-American and other professionals who are sensitive to African-American cultures, business worlds, and communities, including how African-American companies can do very well within the African-American and other marketplaces."

Chaplain Alvin McKinley, a SGS African-American Companies Division member, and also a SGS Religious Sector Division Co-Manager with over 40 years of professional religious and spiritual experience, stated, "There are many ways in which African-American companies can be beneficially involved in the Religious Sector, including locally, regionally, nationally, and internationally. SageGroup is very capable and knowledgeable in helping African-American companies to move forward well within the Religious Sector. This includes African-American companies that may or may not actually be part of the Religious Sector."

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