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Parks Consulting Reaches Acquisition Agreement with Robbins-Gioia

May 31, 2006, Charlotte, NC—Parks Consulting today announced it has reached an agreement to be acquired by Alexandria, VA-based Robbins-Gioia, LLC, the leading provider of program management services.

“I am excited to have found such a compatible company to help us expand upon the business relationships we have built over the past decade in the financial services sector and I am confident that Robbins-Gioia's president, Mike Sledge, will provide the leadership, strategic direction, and resources needed to realize the vision I had for our company,” noted Parks Consulting founder Penny Parks. “Robbins-Gioia’s depth and breadth in program management and process improvement makes them a great fit for our clients and employees, and the company’s core values are also in line with ours. We’re excited to be able to offer our clients the benefits of this expanded base of expertise, and to have R-G’s help in expanding our business to better serve additional financial services markets.”

Parks Consulting was attractive to Robbins-Gioia because of its deep expertise in banking and regulatory compliance, and its strong regional presence not only in Charlotte, North Carolina, but within the Financial Services Industry. The company is committed to remaining in the area and continuing to enhance its services offered to the financial services sector.

The transaction takes effect on June 1, 2006. Don Holbrook, Managing Director of DecisionPoint International, advised Parks Consulting on the transaction. DecisionPoint is a boutique investment bank providing merger and acquisition services to middle-market and technology clients.

About Parks Consulting
Parks Consulting is a management consulting firm that provides mission critical Program and Project Management services. Founded in 1995, the Company has evolved from a regional project management boutique to a national management consulting firm specializing in the Financial Services Industry with clients such as Bank of America, Wells Fargo and Wachovia. For more information, please call Parks Consulting at 704-714-6200, or visit the web site at www.parksco.com.

About Robbins-Gioia
Robbins-Gioia has been dedicated to delivering management consulting solutions to government agencies and Fortune 500 companies for more than 20 years. Robbins-Gioia combines thought leadership, disciplined processes, industry-based knowledge, and integrated tools to help global customers optimize their business processes, accelerate change, and establish time, cost, and quality improvements to transform their businesses. For more information, please call Robbins-Gioia, LLC at 800-663-7138, or visit the web site at www.robbinsgioia.com.