NEW YORK, (March 29)- The A Consulting Team, Inc. ("TACT") (Nasdaq: TACX), a leading provider of e-services to Fortune 1000 clients, today announced the proposed formation of an incubator accelerating the development of promising foreign technology startups focused on the B2B and broadband market. Initially, the incubator is targeting technology startups based in Israel. TACT's visibility in the Israeli startup community is enhanced by its recent Israeli investors and by its management team. The incubator will provide its incubated companies capital and facilities in addition to web services, access to clients, people and strategic alliances.

The incubator will benefit from the management and technical experience of: Shmuel BenTov, the founder and CEO of TACT, Daniel A. Schwartz, the former Director of Trade & Investment for the Government of Israel's Ministry of Industry & Trade and Ministry of Finance, and Chris Bryant, the founder and CEO of T3 Media, Inc. ("T3 Media"), an e-business web integrator. The recent investors, which represent the elite of Israeli venture money, include Dr. Yossi Vardi, the founder of Mirabilis and the creator of ICQ, Polaris Group, SFK Group and Arison Group.

Israel, after the United States, is reported to have the second largest number of active startup companies, according to a survey carried out by the Association of Software Houses attached to the Manufacturers Association. TACT has selected Israel as its first targeted market primarily because the Israeli high-tech scene also remains second only to Silicon Valley for its explosive growth, wealth creation and consumption of venture capital.

"We realized that many Israeli startups were coming to TACT because of our technology background and my experience as a former Chief Programmer for the Israeli Defense Forces who established a successful business in the United States. We are formalizing services that have been provided to many companies already. We believe that TACT's incubator will be different from most others currently in the marketplace. The incubator will primarily focusing on B2B and broadband startups that have technologies, which we believe we can sell into TACT's Fortune 1000 client base. We know what those clients need and that will be the starting point for selecting companies for the incubator," stated Mr. BenTov.

"We have created a synergistic environment between the needs of a startup and the service offerings of TACT. TACT will provide technology expertise and access to clients and the incubator will provide TACT with additional opportunities to deliver leading edge solutions," added Mr. BenTov.

TACT's first incubated and accelerated company is LightPC.com. LightPC.com, founded in Israel, is an application service provider ("ASP") focused on delivering consumer applications to Internet users. LightPC.com, through broadband providers, delivers the ability to quickly and easily use the latest software applications to end-users online.

In addition to capital and facilities, T3 Media delivered web strategy, branding and web design services, and TACT delivered entrepreneur in residence services. Together with LightPC.com, TACT successfully negotiated the first US pilot with one of the largest cable modem providers in the USA, which recently was successfully completed. TACT personnel also participated in the development and operation of the LightPC.com's service offering and server farm.

Doron Gordon, the founder and CEO of LightPC.com stated: "Our relationship with TACT has been invaluable in jumpstarting our business plan. TACT advised us on day-to-day operational issues and assisted LightPC.com in reshaping its product for the B2B market. These services are and will continue to be critical to our success."

The TACT incubator's specific services will include:

TACT provides full e-services from web strategy and design through web development and integration, to web application hosting to a broad range of Fortune 1000 companies and other large organizations. TACT also provides the same markets with enterprise-wide Information Technology consulting, software and training services and solutions. TACT owns 51% of T3 Media, an e-business web integrator, and a minority interest in LightPC.com, an application service provider ("ASP") offering its business partners and content providers the ability to quickly and easily deliver the latest software applications to their end-users online. Visit TACT's home page at http://www.tact.com.

"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's 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 create an incubator, to locate appropriate new opportunities for investment, and to scale its existing and any new businesses while transforming itself into an e-services provider. 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 March 30, 1999 and March 30, 2000. SOURCE The A Consulting Team, Inc.

CONTACT: Shmuel BenTov, CEO, or Frank T. Thoelen, CFO of The A Consulting Team, Inc., 212-979-1010, or fthoelen@tact.com; or Media - Joe Berwanger, Managing Partner, or Mary Jo Malone, Director, Communications of environments.com, 212-962-8485, or joe@environments.com/