Incorporated in 1983, The A Consulting Team, Inc., a New York
corporation (the "Company" or "TACT" or the "Registrant") has provided a wide
range of information technology ("IT") consulting, custom application
development and solutions to Fortune 1000 companies and other large
organizations. In August of 1997, TACT became a public company, headquartered in
New York, NY. In addition, TACT has an office in Clark, NJ. The Company supports
all major computer technology platforms and supports client IT projects by using
a broad range of third-party software applications.

The Company's shares are listed on The Nasdaq SmallCap Market(SM) under
the symbol "TACX."

Industry Background

Rapid technological advance, and the wide acceptance and use of the
Internet as a driving force in commerce, accelerated the growth of the IT
industry through 2001.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2004%2f03%2f29%2f0001125282-04-001288.html#FIS_BUSINESS"