Miami, FL; San Francisco, CA; and New York City, NY -- August 31, 2005. SageGroup Strategies announces that it has formed and implemented a major new Small Public Companies Program to help small public companies to get out of trouble and/or to transition into being larger, stronger, larger-management-team-run, well-financed ongoing companies. Special focus is on small public companies that have financial, legal, managerial, governmental-agency, operational, and/or other serious problems, often as a result of very questionable actions by corporate swindlers and other wrongdoers.

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 new Program is the result of several important recent SGS developments and client involvements during the past four years. These have included the Firm's Small Public Companies Division and its International Investors Division having been involved much in helping several small public companies, with SageGroup's clients being the companies themselves or shareholder groups.

Per strict SGS confidentiality policies and client agreements, SGS generally cannot disclose the names or identities of any SGS clients. An exception to this is when a client requests that SGS disclose the client's name in the best interests of the client. An important relevant example of this is the situation regarding E-Rex, Inc., a small public Miami-based technology company, discussed below.

E-Rex has been in serious financial, legal, governmental-agency, managerial, and other serious trouble for several years. It is one of several dozen identified small public companies that were badly abused by a loosely-knit international group of very bad people, firms, and others. Finally, in 2001 many of the angry outside E-Rex shareholders organized themselves into a shareholders' group named the E-Rex Mutual Group. The Group retained SageGroup from 2001 to 2003 to help in various activities with other involvees. Now that this situation has reached a major new stage, it was important for this Group to re-engage SageGroup this month to play a major ongoing role in this situation.

Chris Ford, an E-Rex Mutual Group leader, stated, "The Group was very pleased with SageGroup's sophisticated, high-quality, highly-professional work during the 2001-2003 period. And, we are now very excited that SageGroup has been re-engaged to handle major responsibilities as this situation moves forward. Many details regarding the E-Rex shareholders and SageGroup working together are contained in the August 25, 2005 E-Rex Mutual Group press release entitled 'E-Rex Mutual Group Announces Major Next Steps, Including the Re-Engagement of Major Turnaround Firm SageGroup Strategies'. At our request, a copy of this press release has been posted in the Articles section of the www.SageGroupStrategies.com SGS website."

Mr. Ford added, "During the past four years the E-Rex shareholders have also talked with angry shareholder groups of many other small public companies that have become very troubled, many by the very suspect actions of very poor and apparently-fraudulent management teams and associates. Many of these shareholder groups have been impressed by the progress made by the E-Rex shareholders group and SageGroup working together. And, several of these shareholder groups have already asked to join with the E-Rex shareholders group and SageGroup in a joint program to rectify the situation."

Larry Lindsey, a SGS Small Public Companies Division Co-Manager with over 35 years' experience as a troubled-company specialist, executive, venture capitalist, financier, and entrepreneur, including in many major programs to help small public companies, said, "The E-Rex Mutual Group and its allied other troubled-public-companies shareholder groups are an important reason why SageGroup has now implemented its new major Small Public Companies Program. In addition, SageGroup has also been approached by some other small public companies or their shareholders who have had similar sad experiences. SageGroup plans to proactively move this important Small Public Companies Program forward, including through not only the Small Public Companies Division and the International Investors Division, but also through the proactive involvement of appropriate other SageGroup Divisions, Liaison Groups, and other SageGroup entities."

Bob Ramsey, a SGS Small Public Companies Division member with much executive and turnaround experience, including in a very troubled small public company, stated, "When a small public company gets into serious trouble, there generally are many concurrent problems of various types. Hence, it is very important to quickly develop and implement a strong overall strategy and program covering several areas, usually including: 1) Moving forward in the managerial, marketing, financial, financing, operational, and other business functional areas; 2) Resolving the serious problems of various types; 3) Working with the shareholders, law firms, governmental agencies, media, and other outside entities involved. SageGroup as a firm, and many of its staff professionals as individuals, are very experienced, knowledgeable, and capable in these types of complex situations."

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