Sapient and DeRemer+Associates to Host CEO Roundtable:Reinventing Investment Management for the...

CAMBRIDGE, Mass.(BUSINESS WIRE)--July 27, 1999--Sapient Corporation (NASDAQ:SAPE), an innovative e-services consultancy, and DeRemer+Associates, which provides business strategy and marketing consulting services to the investment industry, today announced that they will co-host a CEO Roundtable

The event, "Reinventing Investment Management for the Net Economy," will be held at the Charles Hotel in Cambridge, Massachusetts on September 27th. Michael Dertouzos, director of the Massachusetts Institute of Technology's (MIT) Laboratory for Computer Science and author of What Will Be, an analysis of how technology is transforming business and society, will serve as keynote speaker and facilitator for the event.

"Today, much of the discussion surrounding the Internet is focused on transforming individual businesses," says Paul DiGiammarino, senior vice president of Sapient's Global Financial Services Group. "However, a new global networked economy is rapidly emerging as a result of the Internet and other technological innovations. Businesses and whole industries must look beyond their current business models and create a new paradigm to take advantage of this evolving landscape."

According to Darlene DeRemer, principal at DeRemer and Associates, "The Internet is reshaping all aspects of our economy and the investment management business is no exception. This roundtable is designed to provide industry executives with insight into how the Internet is affecting their businesses, and what they need to do to leverage this powerful tool for competitive advantage."

About Sapient

Sapient Corporation is an innovative e-services consultancy. Through the delivery of integrated services, from business strategy and organizational transformation consulting through user-centered design and technology implementation, Sapient helps emerging and evolving businesses transform themselves into e-businesses. Founded in 1991, Sapient has experienced strong and consistent revenue growth in each of the last eight years. The company currently has approximately 1,800 employees in offices in Cambridge, Mass., the company's headquarters, as well as London, Sydney, New York, San Francisco, Chicago, Atlanta, Dallas and Los Angeles. More information on Sapient can be found at www.sapient.com.

About DeRemer+Associates

Headquartered in Wrentham, Massachusetts, DeRemer+Associates provides enterprise business planning and marketing consulting services to global and domestic investment organizations, including mutual fund companies, institutional advisers, banks, insurance companies, and other financial services firms. Founded in 1986, the firm has served over 120 leading financial services organizations. DeRemer+Associates is proprietor of the Mutual Fund Cafe (www.mfcafe.com), an online resource for industry executives.

Sapient is a registered servicemark of Sapient Corporation. All other product, service and company names are trademarks, registered trademarks or service marks of their respective owners.