The A Consulting Team, Inc. ("TACT") has changed its name, effective 1/30/07, to Helios & Matheson North America Inc. ("Helios & Matheson").

The new name reflects the Company's desire to develop long-term, mutually-beneficial opportunities both in the United States and globally through its association with its largest shareholder, Helios & Matheson Information Technology Ltd., an information technology services organization with corporate headquarters in Chennai, India.

For over 24 years, TACT has been known as a premier provider of Staffing, Projects, and Outsourcing services. Now, as Helios & Matheson, we have solidified our position even further as a world class choice for Outsourcing services. With over 1500 employees and consultants across the globe, we combine business understanding and technology expertise with worldwide delivery.