TACT Selected by Foreign Automobile Manufacturer to Lead Effort in TREAD Act Compliance

    NEW YORK--July 9, 2002--The A Consulting Team, Inc. -- TACT -- , an IT and e-Service provider to Fortune 1000 companies, announced today that it has been selected by a leading foreign automobile manufacturer to lead its technology development efforts to comply with the Transportation Recall Enhancement, Accountability, and Documentation Act (TREAD Act).
    The TREAD Act, which impacts all automobile and parts manufacturers, significantly strengthens the investigation and remediation of safety defects.
    Sponsored by the Department of Transportation, the TREAD Act establishes early warning reporting and record retention requirements for safety-related automotive defects. The first phase takes effect in January 2003 and will be implemented through the National Highway Traffic Safety Administration (NHTSA).
    Shmuel BenTov, TACT's CEO, commented, " We are using our more than 15 years of experience in the automotive industry to play a key role in developing compliance strategy and performance initiatives. TACT will apply its SMART Approach to the TREAD Act compliance effort in this engagement. This approach involves a set of solutions that include Strategy, Methodology, Architecture, Resources and Tools as well as our proven approach to successfully delivering mission critical business and technology solutions." Mr. BenTov continued, "Our objective is to assist our client in complying with the new TREAD Act requirements within its existing technological environment and time frame requirements."

    About TACT

    TACT is an end-to-end IT Services and e-Services provider to Fortune 1000 companies and other large organizations.
    TACT through its SMART Approach, a leading edge set of end-to-end solutions and services that include Strategy, Methodology, Architecture, Resources and Tools provides its clients with modernization services, which include systems that should be replaced and rewritten, enhanced, converted or Web Enabled. More information about TACT(R) can be found at its web site at

    "Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995: Statements made in this press release which are not historical facts, including those that refer to TACT plans, beliefs and intentions, are "forward-looking statements" that involve risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from the forward-looking statements, and include, but are not limited to, TACT's ability to scale its existing and any new businesses. For a more complete description of the risks that apply to TACT's business, please refer to the Company's filings with the Securities and Exchange Commission. The Company's actual results may differ materially from the results anticipated in these forward-looking statements as a result of certain factors set forth under Risk Factors and elsewhere in the Company's Annual Report on Form 10-K with the Securities and Exchange Commission on April 2, 2002.