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  • PricewaterhouseCoopers makes investment in strategic Web development company, Methodfive

PricewaterhouseCoopers makes investment in strategic Web development company, Methodfive

Johannesburg, 14 Dec 1999

PricewaterhouseCoopers and Methodfive have joined forces to expand their e-business offerings and provide a full range of e-business services from web design and development to co-ordination and integration of a company`s facing and back-end processes.

As part of this relationship, PricewaterhouseCoopers has taken an equity stake in Methodfive and Methodfive has selected PricewaterhouseCoopers as its preferred provider of systems integration work for Methodfive clients.

Bill Bound, e-business leader of PricewaterhouseCoopers` Management Consulting Services practice in Europe, Middle East and Africa said:

"Methodfive`s experience in helping established and start-up companies develop and design their web presence adds an important component to our e-business consulting services.

"Our relationship with Methodfive will strengthen our ability to help companies from start to finish as they link their business process infrastructure with their web presence. This link enables companies to capture the value of e-business."

As part of this relationship, PricewaterhouseCoopers and Methodfive will co-locate staff to facilitate the sharing of knowledge and experience.

Adeo Ressi, CEO and founder of Methodfive said:

"With PricewaterhouseCoopers` global reach and resources, we will exponentially expand our market opportunities while delivering a new range of services and capabilities to clients.

"We`ll also be able to set a new standard for the ways in which businesses will operate online in the 21st century. By working with PricewaterhouseCoopers, we will expand the scale and scope of our unique ability - delivering on the promise of technology."

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PricewaterhouseCoopers` investment in Methodfive is part of the organisation`s aggressive e-business management consulting strategy which includes investments in technology and service providers that enhance the organisation`s ability to provide total solutions to companies.Currently, one-third of all new PricewaterhouseCoopers management consulting projects are e-business related. This number is expected to be 50 per cent by the year 2000.

Methodfive offers professional services for the creation, support and expansion of large-scale web initiatives. The company is located in New York`s Silicon Alley and London, and works with a variety of multinational organisations. Clients include The Economist Online, Cdnow, The National Geographic Society and John Wiley & Sons.

Methodfive employs leading professionals in strategic consulting, interface design, technology development, and maintenance. The company`s services are tailored to the publishing, media, retail and financial services industries. More information about Methodfive can be found at http://www.Methodfive.com.

The Management Consulting Services practice of PricewaterhouseCoopers helps clients maximise their business performance by integrating strategic change, process improvements and technology solutions. Through a worldwide network of skills and resources, consultants manage complex projects with global capabilities and local knowledge, from strategy through implementation. PricewaterhouseCoopers (www.pwcglobal.com) is the world`s largest professional services organisation. Drawing on the knowledge and skills of 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance.

PricewaterhouseCoopers refers to member firms of the worldwide PricewaterhouseCoopers organisation.