News Release

Chicago, IL, July 16, 2007 - The Johnsson Group has named Michael Wujciak to serve as the firm’s Managing Director since recently being acquired by WMG Capital, a unit of Waterstone Group Holdings, LLC. Wujciak brings 20 years of combined industry and consulting experience to The Johnsson Group. He has built his career in business and information technology strategy, with a focus on growth strategies, customer relationships, operations strategies, corporate and operations cost reduction, and outsourcing strategies in the consumer products, manufacturing and automotive industries.

“Collectively we will focus on superior customer service and growth of both our staffing and consulting services. We have already received a positive reaction from our clients regarding this transaction, and we see opportunities to further expand our high value added services” he said.

Michael Wujciak is currently a partner at Waterstone Group Holdings. He is also a member of the Board of Qualified Staffing Services, a staffing firm which serves companies in the Midwest and southeast United States.

Previously, Michael was a Vice President with Capgemini for five years, directing the Management and IT Consulting Practice for the Global Automotive Sector. Prior to that, he was an equity partner in the Ernst & Young Management Consulting practice. He graduated with a Bachelor of Science Degree in Industrial and Operations Engineering from the University of Michigan, and a Masters of Science in Management from General Motors Institute, now called Kettering.

The Johnsson Group serves Fortune 500 clients with finance and accounting consulting services focused in Finance Process Improvement and Shared Services, Governance, Risk and Compliance and Business Intelligence Analytics.

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