Founded in 1982, SPSInfoquest (www.spsinfoquest.com) has strong Business Intelligence and CRM expertise (including data management, statistical modelling, process measurement and risk management). With a staff of 58 in the UK and Belgium, SPSInfoquest is a well known and highly respected player in the Business Intelligence and CRM markets in telecommunications, pharmaceutical, banking and financial services. The company's customer clients include: Allianz, Amgen, Astra Zeneca, Axa, CGNU, Glaxo Smithkline, Halifax, Johnson & Johnson, Lloyds TSB, Motorola, Novartis, Unilever, and others.

For fiscal year 2001 (ended 30 September, 2001), SPSInfoquest reported revenue of £ 4.6 million, 60% of which originated from activities in the UK. Business Intelligence represents 70% of these activities and CRM 30%. The company's gross profit was £ 1.5 million and profit and operating profit £ 0.6 million(12%).

The combined entity will specialise in consultancy services and products designed to define, develop and implement Business Intelligence and CRM applications. With SPSInfoquest (offices in London, Manchester and Edinburgh), Business & Decision consolidates its position in the UK, where the Group has already established a subsidiary in London, dedicated to CRM activities. As a result of the combination of SPSInfoquest's activities in Belgium and those of Flux Consultancy (a consulting company Business & Decision acquired in December 2001), Business & Decision is now a leader in Belgium, for Business Intelligence activities

"The merger will allow both companies to further enhance the range of services available to clients and to provide increased versatility to meet the ever-changing demands those clients have. This development results in a group that is amongst the leaders in the European Business Intelligence consultancy market", said Patrick Bensabat, CEO of Business & Decision, and Ian Huckle, CEO of SPSInfoquest.

This acquisition is being paid for in cash and with Business & Decision's shares. The payment depends partly on SPSInfoquest's growth and profitability in the next three years.

About Business & Decision - www.businessdecision.com

Founded in 1992, Business & Decision is an International consulting and Systems Integration company specializing in Business Intelligence, Customer Relationship Management (CRM) and E-Business. The Group works with clients to implement systems that aim at driving business functions and performance (dashboards, reporting, consolidation etc.); help in customer relationship management (sales force automation, call centers, campaign management, analytical CRM); and assist in E-Business (intranet and extranet portals, directories and Meta directories, e-commerce, knowledge management, Open source technologies, etc.). With more than 2,800 employees worldwide, Business & Decision has developed a "complete project" approach that spans from consulting to implementation. The Group has a reputation for its functional and technological expertise and has forged partnerships with all of the key technology vendors. At present, Business & Decision has more than 1,200 clients.

Business & Decision has been listed on the Euronext Paris since February 2001 (compartment B / Isin code: FR 00000 7895 8 / Symbol:  BND). Business & Decision is listed in the NextEconomy segment and in the IT-Cac (technology market). For more information, visit: http://www.businessdecision.com/

Press Contact at Business & Decision
Investor relations

Pauline Cieutat - pauline.cieutat@businessdecision.com

Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22