NEW YORK, February 26 /PRNewswire/ --     The Successful Spin-Out of the Global Sourcing Advisory Group (GSAG) 
From Satellnet is Now Complete

Satellnet's former Chairman and CEO John Stacey was the
architect of GSAG, which he has grown into a $35million business in the USA
and UK. He is now the Chairman and CEO of the new spin-out GSAG and he is
joined by David Kinnear as President.

With 28 years of international management experience with
Bearing Point, British Telecom (BT) EDS, US West Communications and Peat
Marwick, John Stacey will be responsible for North America, China and EMEA.

David Kinnear, with 20 years experience in international
management and outsourcing, will cover North America, Asia Pacific and Latin
America. Prior to GSAG he was President and CEO of DDC HRO, part of the DDC
Group. Both Stacey and Kinnear are of course well known in the outsourcing
community as co-architects and founders of the Global Sourcing Council.

Discussing the spin-out, John Stacey said: "We leverage our
global knowledge, resources and network of relationships for the economic and
socio-economic benefit of all our clients, in both the public and private
sectors.

"We bring private sector thinking to the public sector and
public sector thinking to the private sector - globally.

"We help the public sector to become increasingly
well-positioned and agile and offer help to domestic and foreign governments
to enhance local GDP through intelligent partnering with the private sector.
This, in turn allows both private and public sector to address the issue of
Corporate Social Responsibility and Sustainability at home and abroad.

"We bring highly practical and effective management and
strategic advisory services to our private sector clients helping them with
the direction of their global growth initiatives."

David Kinnear added: ""We do not subscribe to the view that
'one size fits all in outsourcing'. To employ a medical analogy, we are
present at conception, birth and infancy guide you through every step."

GSAG already has in place a substantial number of contracts
which will contribute to the total 2008 projected revenue.

GSAG has been serving blue chip clients and government
organisations for three years now and several of these clients represent long
term engagements that roll over year to year.

http://www.gsadvisory.com

Contact:

    John Stacey                           David Kinnear
    Chairman & CEO                        President
    e: john.stacey@gsadvisory.com         e: david.kinnear@gsadvisory.com
    US mobile: +1-551-580-0366            US mobile: +1-917-886-3222


    Communications advisers:
    Media House International Ltd
    Jack Irvine
    Executive Chairman
    Tel: +44(0)207-397-8330
    C: +44(0)7860-457-456
    e: jack@mediahouse.co.uk