TechTeam Global, Inc. (Nasdaq: TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, today announced that ISS Proxy Advisory Services/RiskMetrics Group (ISS), a leading independent proxy advisory firm, has recommended that TechTeam Global stockholders vote "FOR" the proposed sale of its government solutions subsidiary, TechTeam Government Solutions, Inc., to Jacobs Engineering Group Inc. for total consideration of $59.0 million in cash, subject to certain escrows and adjustments set forth in the definitive stock purchase agreement, and "FOR" the proposal to adjourn the special meeting of stockholders of TechTeam Global, if necessary, to facilitate the approval of the proposed stock sale, including to permit the solicitation of additional proxies if there are not sufficient votes at the time of the special meeting to approve such proposed stock sale.

The special meeting of stockholders is to be held at The Langham Hotel, 250 Franklin Street, Boston, Massachusetts 02110, on Tuesday, August 31, 2010, at 10:00 a.m. local time.  Holders of record of TechTeam Global common stock as of the close of business on July 30, 2010 will be entitled to vote at the special meeting.

"We are pleased that ISS, having carefully reviewed the proposed stock sale, agrees with the unanimous view of TechTeam Global's board of directors in recommending that TechTeam Global stockholders vote in favor of these proposals," said Seth W. Hamot, Chairman of the Board of Directors of TechTeam Global.  "We look forward to completing this transaction and urge TechTeam Global stockholders to follow ISS's recommendations by voting "FOR" the approval and adoption of the stock purchase agreement and the proposed stock sale."

ISS has recommended that TechTeam Global's stockholders vote:

• "FOR" Proposal 1 -- to adopt and approve (a) the Stock Purchase Agreement dated as of June 3, 2010, by and among TechTeam Global, Jacobs Engineering Group and Jacobs Technology Inc., (b) the consummation of the sale of all of the outstanding capital stock of TechTeam Government Solutions to Jacobs Technology pursuant to the terms of such Stock Purchase Agreement, and (c) the consummation of all of the other transactions contemplated by the Stock Purchase Agreement and all other agreements, documents, certificates and instruments required to be delivered pursuant thereto; and

• "FOR" Proposal 2 –  to approve one or more adjournments of the special meeting, if necessary, to facilitate the approval of the preceding proposal, including to permit the solicitation of additional proxies if there are not sufficient votes at the time of the special meeting in favor of the preceding proposal.

TechTeam Group's Board of Directors asks that its stockholders carefully evaluate the information they have been provided, and encourages all stockholders, regardless of the number of shares they own, to vote "FOR" both proposals.  Stockholders are encouraged to vote their shares now so that their vote can be counted without delay.

YOUR PARTICIPATION IS IMPORTANT

PLEASE VOTE TODAY!

If any stockholder has questions about the special meeting or submitting a vote or wishes to request additional proxy materials, please contact TechTeam Global, Inc. Attention:  Investor Relations, 27335 West 11 Mile Road, Southfield, Michigan  48033, (248) 357-2866; or The Altman Group, Inc., the firm assisting us in the solicitation of proxies, 1200 Wall Street West, Lyndhurst, New Jersey 07071, toll-free at (877) 283-0320.  Banks and brokerage firms can call The Altman Group collect at (201) 806-7300.

About TechTeam Global, Inc.

TechTeam Global, Inc. is a leading provider of IT outsourcing and business process outsourcing services to large and medium businesses, as well as government organizations. The company's primary services include service desk, technical support, desk-side support, security administration, infrastructure management and related professional services.  TechTeam also provides a number of specialized, value-added services in specific vertical markets. Founded in 1979, TechTeam has nearly 2,500 employees across the world, providing IT support in 32 languages. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM." For more information, call 800-522-4451 or visit www.techteam.com.

About TechTeam Government Solutions, Inc.

TechTeam Government Solutions provides IT-based services to DoD, Federal Civilian, and state and local agencies. TechTeam has core competencies in cyber security, network engineering, ITIL®-based managed services, enterprise architecture, net-centric operations, and modeling and simulation sciences. For information about TechTeam Government Solutions, Inc., please call 800-275-1177 or visit www.techteamgovt.com.

About Jacobs Engineering Group Inc.

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Important Additional Information Filed With The SEC

TechTeam Global has filed with the SEC a definitive proxy statement dated July 30, 2010 and other relevant materials in connection with the proposed sale of TechTeam Government Solutions.  BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED SALE OF TECHTEAM GOVERNMENT SOLUTIONS, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS FILED BY TECHTEAM GLOBAL WITH THE SEC CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.

Investors and security holders may obtain free copies of the definitive proxy statement, including all exhibits thereto, and other documents filed with the SEC by TechTeam Global through the Web site maintained by the SEC at http://www.sec.gov.  In addition, investors and security holders will be able to obtain, without charge, a copy of the definitive proxy statement, and all exhibits thereto, from TechTeam Global by submitting a written request to TechTeam Global, Inc., Attention: Investor Relations, 27335 West 11 Mile Road, Southfield, Michigan, 48033; or by calling (248) 357-2866; or by visiting TechTeam Global's Web site at http://www.techteam.com/investors.

Cautionary Statement Regarding Forward-Looking Statements

The statements contained in this press release that are not purely historical, including statements regarding TechTeam Global's expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Actual results may differ materially from those expected because of various known and unknown factors, risks and uncertainties. Factors, risks and uncertainties that may affect TechTeam Global's ability to consummate the proposed stock sale and TechTeam Global's business, financial condition and operating results include, but are not limited to: (i) the failure of Jacobs Engineering Group to waive any conditions to completing the proposed stock sale that will not be satisfied prior to closing, including with respect to the required retention of employees of TechTeam Government Solutions; (ii) the failure of TechTeam Global to satisfy certain conditions to completing the proposed stock sale, including the receipt of the required approval of TechTeam Global's stockholders and other third parties; (iii) the occurrence of any event, change or other circumstances that could result in the proposed stock sale not being consummated; (iv) the restrictions and limitations on the conduct of the Government Solutions business prior to the consummation of the proposed stock sale; (v) the restrictions on TechTeam Global's ability to solicit or engage in discussion or negotiations with, or provide information to, a third party regarding alternative transactions involving TechTeam Government Solutions; (vi) the outcome of any legal proceedings instituted against us and others in connection with the proposed stock sale; (vii) the failure of the proposed stock sale to close for any other reason; (viii) uncertainties as to the timing of the consummation of the proposed stock sale; (ix) uncertainties as to how many TechTeam Global shares will be voted in favor of the proposals to be brought before the special meeting; (x) changes in the business of TechTeam Global, TechTeam Government Solutions or Jacobs Engineering Group or Jacobs Technology during the period between the date hereof and the closing of the stock sale that could cause a condition to closing of the proposed stock sale not to be satisfied; (xi) adverse reactions to the proposed stock sale by stockholders of TechTeam Global or Jacobs, or others; (xii) the amount of purchase price adjustments, costs, fees, expenses and charges relating to the proposed stock sale; (xiii) uncertainties related to TechTeam Global's future indemnification obligations under the stock purchase agreement, including the possibility of not receiving some or all of the escrowed portion of the purchase price; (xiv) TechTeam Global's inability to recognize any of the benefits of the proposed transaction; (xv) uncertainties related to the proposed strategy of separating the Government Solutions business from Tech Team Global's Commercial business; (xvi) other uncertainties related to such proposed strategy, including the possibility that TechTeam Global will not be able to successfully operate the remaining portion of its business after the completion of the proposed stock sale on a stand-alone basis; and (xvii) other risks, including but not limited to the items discussed in documents filed or furnished by TechTeam Global with the SEC, including matters contained in (A) "Item 1A — Risk Factors" of TechTeam Global's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 (the "2009 Form 10-K"), (B) the sections of the definitive proxy statement entitled "Material Considerations Relating to the Stock Sale Proposal" and "Cautionary Statements Concerning Forward-Looking Information," and (C) information contained in subsequent reports and otherwise in the definitive proxy statement.  The forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements.

Participants in the Solicitation

TechTeam Global, Jacobs Engineering and their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies with respect to the proposed stock sale and the other matters to be brought at the special meeting of TechTeam Global's stockholders to which the definitive proxy statement relates.  Information regarding the directors and executive officers of TechTeam Global and their ownership of TechTeam Global shares is contained in the 2009 Form 10-K, the proxy statement for TechTeam Global's 2010 Annual Meeting of Stockholders which was filed with the SEC on April 30, 2010, and the definitive proxy statement referred to above, and is supplemented by other public filings made, and to be made, with the SEC. Information regarding the directors and executive officers of Jacobs Engineering Group Inc. is contained in the annual report of Jacobs Engineering Group Inc. on Form 10-K for the year ended October 2, 2009, which was filed with the SEC on November 20, 2009, and its proxy statement for its 2010 Annual Meeting of Shareholders, which was filed with the SEC on December 17, 2009. TechTeam Global investors and security holders may obtain additional information regarding the direct and indirect interests of TechTeam Global, Inc. and Jacobs Engineering Group, and their respective directors and executive officers, with respect to the proposed stock sale by reading the definitive proxy statement and other filings referred to above.

SOURCE TechTeam Global, Inc.

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SkillStorm, a national technical consulting, staff augmentation and outsourcing services firm, announced today it has been officially selected for Inc. Magazine's 2010 list of the 5,000 fastest-growing private companies in the nation.  This annual list is based on remarkable growth; SkillStorm has a recorded growth rate of 16% over a period of 3 years.  

(Logo:  http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)

"It is a great honor for SkillStorm to be included in this exclusive list.  Our company definitely has the best team in the industry.  We are extremely grateful to all our employees for their hard work and dedication and to our customers for their loyalty.  We would not be where we are today without them," said Vince Virga, CEO of SkillStorm.

SkillStorm was founded by Virga and other close friends who all excelled in the Information Technology services industry, but wished for a technology consulting firm that rewarded employees for their hard work; a company that believed that business can still be fun and fast-paced, stimulating and successful.  Knowing they weren't alone in this dream, they threw caution to the wind and started SkillStorm.  Today, the multi-million dollar company has five offices nationwide and over 275 employees.  SkillStorm anticipates a dramatic growth increase over the next two years by expanding its market share and adding new office locations nationwide.

SkillStorm has received many highly regarded national and state awards.  Most recently, the company was named among the top three 2010 Best Small Firms to Work for by Consulting Magazine and ranked #6 on Florida Trend magazine's 2010 Best Companies to Work For in Florida list.  SkillStorm has also ranked among the top 2010 executive search and employment services firms for the Dallas Business Journal, San Diego Business Journal and Tampa Bay Business Journal.  In 2009, SkillStorm was named one of Consulting Magazine's top ten Best Firms to Work For and South Florida Business Journal's Business of the Year and Best Place to Work.  SkillStorm also received the highly esteemed San Diego Better Business Bureau (BBB) Torch Award for Marketplace Ethics in 2008 and ranked as the 13th Fastest Growing New Company in America in 2006 on Entrepreneur Magazine and PricewaterhouseCoopers' Hot 100 List.

About SkillStorm

SkillStorm is a national technical consulting, staff augmentation and outsourcing firm specializing in providing adaptable IT and Engineering solutions to both the public and private sectors.  The company fills all positions from contract to contract-to-hire to direct-hire. SkillStorm works with scores of fine companies, including many that rank among the elite Fortune 500 and has been setting the standard for customer service in the industry since inception in 2002. SkillStorm currently has locations nationwide, including Fort Lauderdale, Tampa, Dallas, San Diego and Indianapolis.  

For more information on SkillStorm, please visit our website at http://www.SkillStorm.com or visit our blog at http://www.SkillStorm.com/blog.

SOURCE SkillStorm

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Cydcor, the dominant leader of outsourced face-to-face sales, recently held its annual R&R Owners Weekend event at the Fontainebleau Miami Beach. R&R Owners Weekend is an appreciation event for key personnel of the independently owned sales offices they support throughout the United States and Canada.  While the event had an element of business, the primary focus was rest, relaxation, and networking between peers.

"The owners of the independently -owned sales offices and their teams work extremely hard in the field. From the blazing sun in California to the snow storms of Toronto, our offices are committed to being the face-to-face sales force our clients need to generate sales in their markets," said Vera Quinn, senior vice president of sales and operation. "R&R Owners Weekend thanks them for their commitment to being the dominant leader in outsourced face-to-face sales in North America and around the world."

This year's event welcomed more than 600 attendees to the glamorous, luxurious, and historical Fontainebleau Miami Beach Hotel. Showcasing Cydcor's dedication to charitable organizations, the 3rd Annual Charity Tournament was held – this year, the organization supported was Operation Smile, an international children's medical charity treating facial deformities such as cleft lips and cleft palates all around the world. Teams paid a $100 entry fee to play in the tournament and collectively $1,600 was raised and donated.

"The need for quality cleft care is urgent; there are so many children around the world who desperately need our help," said Dr. Bill Magee, Founder and CEO of Operation Smile. "We are grateful for the generosity of our supporters and volunteers. It is only with their help that we can continue to give new smiles and transform the lives of our patients."

Attendees enjoyed a weekend full of themed dinners, private group pool cabanas, ocean kayaks, banana boat rides, bocce ball, and ping-pong. The weekend culminated with a "Havana Nights" theme dinner, where they participated in a customized "Minute to Win It" and had a chance to win cash prizes.

"We want our offices to know that their contributions over this past year are recognized and appreciated," said Gary Polson, CEO at Cydcor. "We hope that this weekend of rest and relaxation showed our gratitude for their hard work and dedication."

Follow Cydcor on Facebook and on Twitter.

About Cydcor, Inc.

Cydcor, Inc., is the leading provider of outsourced, face-to-face Cydcor sales teams to a diverse client base of companies in a range of industries, including telecommunications, office products, retail energy, and financial services. Serving Fortune 500 and emerging market clients in the business-to-business, residential, and retail channels through in-store marketing initiatives, Cydcor works with a network of independently owned corporate licensee (ICL) Cydcor sales offices providing clients with access to more than 2,700 sales professionals and nearly 200 offices in North America. The privately held company is based in Westlake Village, California. For more information about Cydcor, log on to www.cydcor.com.

SOURCE Cydcor, Inc.

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Expanding its geographic footprint Sapphire Technologies has opened a new office in San Diego, CA. A leading provider of innovative IT staffing solutions, Sapphire's new regional branch will provide both local clients and national accounts support in finding the IT talent they need to help keep their businesses running smoothly. Headed by Branch Manager Charity Cescolini, the office officially opened its doors on August 1st. Contact information for the location is:

"We anticipate great success from the San Diego office," noted Regional Manager Dan Cordero. "The area is booming with a wide array of businesses in industries ranging from Defense, R&D, manufacturing and tourism. We already have established relationships with key clients in the region and will work to expand upon these while penetrating new accounts as well."

About Sapphire Technologies

Sapphire Technologies, a Randstad company, is the world's leading provider of innovative IT staffing solutions. Since 1984, Sapphire has helped connect top talent with top companies around the globe or around the corner. Ranked among the top 10 largest IT staffing companies in the United States, Sapphire provides customized solutions for both public and private corporations.

For more information, visit www.sapphire.com.

About Randstad

Randstad is a wholly owned subsidiary of Randstad Holding nv, a $17.7 billion global provider of professional employment services and the second largest staffing organization in the world. Randstad fulfills all aspects of commercial and professional staffing for local and global customers. Services include temporary, permanent, and outsourced placement within Accounting & Finance, Engineering, Healthcare, Industrial, IT, Legal, Life Sciences, and Office. Other offerings include payrolling, managed services, recruitment process outsourcing and HR consulting solutions.

Randstad provides skills assessments, career counseling, training, health coverage, paid vacation and 401(k) matching contributions to eligible internal and external employees. With its 3300 employment experts, Randstad puts an average of 50,000 people to work in the U.S. each week through its network of more than 600 branches and client-dedicated locations.

For more information, visit the company's website at www.randstadusa.com. Investment information is available at www.randstad.com.

SOURCE Sapphire Technologies

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SEI (Nasdaq: SEIC) today announced that it supports authorized participant (AP) trading for over 300 Exchange Traded Funds (ETFs). This operational outsourcing business represents 53 percent of the U.S. ETF market. Instrumental in SEI's order-taking process is its ground-breaking straight-through-processing platform. The platform is designed to create increased levels of efficiency and transparency by connecting the APs, sponsors, distributor, custodians, and transfer agents in one straight-through electronic process.  The growth points to the ongoing traction of the ETF sector and SEI's commitment to delivering innovative outsourcing services to this rapidly-evolving market.

SEI's system creates a centralized location for submitting and reviewing ETF creation and redemption transactions, while significantly increasing the speed and convenience of order entry. With this system, orders that were typically manual are now automated, processed in a controlled environment, and can be completed in seconds. Order affirmations are received electronically almost instantaneously, without the need for manual validation of the transaction. The system also enables new levels of flexibility for users, allowing participants to easily replace an order prior to cutoff times and access their historical records.  

Another benefit of the electronic system is the increased transparency it gives to sponsors. Rather than waiting until the end of the trading day to understand their market positions, sponsors can now log in throughout the day to monitor their activity and obtain a more accurate snapshot of their business activity on a continuous basis.  

"SEI's ETF processing platform is an important advancement in the technology that supports our business and the ETF industry in general," said George Pereira, Senior Vice President of Charles Schwab Investment Management, SEI's latest ETF client. "By reducing order processing time and by increasing transparency, SEI improves the efficiency, effectiveness, and experience of Schwab and our AP trading partners. This new platform is an example of the innovation that SEI is known for and is a testament to their market leadership."

Eliminating manual intervention, SEI's processing platform employs multiple checks and balances related to the size of the order and the fund symbol to prevent erroneous trades and other errors from occurring. Fund parameters and exceptions set by the sponsors are incorporated into the system and automatically assist the AP with the trade input. Orders are also acknowledged through an instantaneous PDF affirmation, followed by an electronic confirmation process.

"With the growth of the ETF sector this decade, it was clear that a more sophisticated, flexible, and convenient processing system was needed," said John Alshefski, Senior Vice President, SEI's Investment Manager Services division. "As the leader in the space, we have been investing the time and capital necessary over the past several years to build a better platform, not only for the benefit of sponsors, but also for the over 40 APs with whom we have relationships. The ETF marketplace has also been evolving, and our expertise has allowed us to support a widening array of index products, including '40 Act, '33 Act, and long-short ETFs. We're excited to be a catalyst for positive change and to provide ETF sponsors with innovative capabilities."

In addition to AP processing, SEI's ETF outsourcing solution includes fund administration, accounting, investor servicing, and distribution support globally through its US and European locations.

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to global investment managers focused on mutual funds, hedge and private equity funds, exchange traded funds, collective trusts, and separately managed, as well as institutional and private client, accounts. The division applies operating services, technologies, and business and regulatory knowledge to each client's business objectives.  Its resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recognized by Buy-Side Technology as "Best Fund Administrator" and by HFMWeek as "Best Funds of Hedge Funds Administrator." For more information, visit http://www.seic.com/enUS/im/343.htm.

About SEI

SEI (Nasdaq: SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of June 30, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $380 billion in mutual fund and pooled assets and manages $149 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.

SOURCE SEI

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