Archstone Consulting Opens Chicago Office

Principals Mark Miller and Carrie Shea Launch Midwest Operations;
Hires two new Principals from Leading Consulting Firms

Contact:
Berns Communications Group, LLC
Stacy Berns/Michael McMullan
(212) 994-4660

Stamford, CT - Decenber 1, 2003 -- Archstone Consulting, a firm focused on delivering independent, strategic advice and operational results, today announced the opening of its Chicago office located at 190 South LaSalle Street. The company also made several senior level appointments including Mark Miller, who was named leader of the firm's Central Region operations, and Carrie Shea, who was named global leader of the firm's Strategy and Retail Practices. In addition, two new principals Mark Peacock and Scott Furlong joined the company from top, global consulting firms. The senior team will build upon Archstone's unique business model geared to capture value and operational savings while stimulating growth for corporations.

Mr. Miller, who has 15 years of consulting experience and specializes in strategy and operations, is the principal responsible for expanding Archstone Consulting's presence throughout the Midwest. He was previously a vice president at A.T. Kearney, where he worked for 13 years. Prior to joining Archstone, Mr. Miller was an executive with Motorola, Inc.

Ms. Shea, who also has 15 years of consulting experience, was most recently a vice president with A.T. Kearney in Chicago. Over her time with A.T. Kearney, she served in the Strategy and Enterprise Services Practices and consulted to many executives in the Chicago region. As a principal with Archstone, Ms. Shea is responsible for building the firm's offerings in the strategy and organization area, as well as leading the development of the firm's Retail Practice.

Mr. Scott Furlong joins Archstone as a principal overseeing the firm's off-shore and outsourcing offerings in the Strategy Practice. Mr. Furlong, who has more than 14 years of consulting experience, was most recently with Gunn Partners Inc., where he supported clients in various functional areas including finance, human resources and procurement. Prior to joining Gunn Partners, Mr. Furlong worked at Babcock & Wilcox where he led the New Business Process Improvement Department.

Mark Peacock also joins Archstone Consulting as a principal in the Sales and Marketing Effectiveness Practice. Mr. Peacock has over 15 years of experience consulting to manufacturing companies in the strategy, operations and technology aspects of sales, marketing, and customer service. Mr. Peacock was previously a partner in Deloitte Consulting's CRM Practice and the co-founder of Roundarch, an innovative CRM solutions company formed by Deloitte Consulting, BroadVision and WPP Group. Prior to Deloitte, Mr. Peacock held marketing positions with FMC Corporation, as well as sales, operations and finance positions with IBM Corporation.

"We are excited to announce the launch of our Central Region operations," commented Todd D. Lavieri, CEO of Archstone Consulting. "We have expanded our team of experienced professionals and are committed to being a formidable force in the Midwest market for high value added management consulting services."

About Archstone Consulting

Archstone Consulting is an independent business strategy and operations consulting firm specializing in manufacturing, consumer packaged goods, life sciences and business and consumer services sectors. Focusing on innovation, growth and value, Archstone Consulting's expertise includes product development, supply chain management, sourcing and procurement and marketing. Headquartered in Stamford, Connecticut, the company has offices in New York, Chicago and San Francisco. For additional information, please visit the company's web site at www.archstoneconsulting.com