CMPG surpassed our expectations and enabled us to realize significant gains in a short period of time.

CFO, $5 Billion Multi-State Bank

COST MANAGEMENT PERFORMANCE GROUP

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CMPG Announces Record Year, New Services on the Horizon

December 17, 2007 Cincinnati, OH – CMPG, a leader in providing a full range of cost management solutions from contract benchmarking to advanced organization and sourcing design, announced today that 2007 has exceeded expectations. ”Looking back, 2007 will stand out as a milestone year for CMPG. We introduced new products, engaged with a record number of clients, and expanded our capabilities with new talent and resources,” says Kevin Grimmer, SVP. “We will also launch our new web site, which will enrich the experience of both new customers and our existing clients, early next year.”

In 2007 CMPG introduced ExpenseVision™, a high-impact version of their traditional consulting services that delivers a comprehensive analysis in less than two weeks. CMPG now offers exceptional speed of delivery in addition to the high quality, results-driven performance that it is known for among banking executives. “ExpenseVision™ extended our reach to companies looking for everything from “quick hits” to more systemic, deeper opportunities to improve performance,” comments Fran Baltmiskis, Executive Partner in charge of project delivery for the firm.

In addition to launching ExpenseVision™, CMPG added capabilities and analytics to examine a broader range of earnings improvement opportunities, especially for its customers in banking and financial services. These new capabilities include revenue enhancements, fee income, and treasury efficiency projects.

CMPG plans to continue to leverage its information and expertise going forward in 2008. “We are working with a record number of clients and continue to build the quality of our brand by delivering exceptional engagements, products, and services but we are not resting on our laurels,” said Grant Karnes, CMPG’s President.

Extending its brand beyond ExpenseVision™, the company is launching a new outsourced service called ContractVision™ in January 2008. According to Karnes, “ContractVision™ is an extension of the services we have always provided to our clients but in a more formal and feature-rich service delivery model.” ContractVision™ will enable CMPG to deliver meaningful content in a time-sensitive manner to support its customers’ decisions. “We’ve studied the market closely and think ContractVision™ will stand out. It will be a solid platform for our growth in 2008 and 2009.”
COST MANAGEMENT PERFORMANCE GROUP