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Conversion Services International Announces Transition of Robert C. DeLeeuw

EAST HANOVER, N.J. (December 29, 2006) - - In March 2004, Conversion Services International, Inc. (AMEX: CVN), a premier professional services firm focused on delivering the value in business intelligence, data warehousing and data management solutions to Global 2000 organizations and other businesses, acquired DeLeeuw Associates, Inc. At that time, Mr. Robert C. DeLeeuw, founder and president of DeLeeuw Associates, signed on for a three-year term as a member of the CSI management team to facilitate the acquisition and integration of DeLeeuw Associates. As this transition period comes to a close, CSI has entered into a new agreement with Mr. DeLeeuw, in which Mr. DeLeeuw will provide consulting services to CSI and DeLeeuw Associates, and will advise on business development activities with certain key clients. The consulting agreement also contains certain confidentiality, non-competition and assignment of work product provisions for the benefit of CSI. Effective with this transition, Mr. DeLeeuw has resigned from the CSI Board of Directors.

Scott Newman, president, chief executive officer and chairman, said: “Bob DeLeeuw’s contributions over the past three years have been significant, and the acquisition and integration of DeLeeuw Associates increased our service offerings and client base. Under the terms of the new agreement, Bob will be a key member on a complex project with one of our newest clients and will continue to consult on existing key client relationships for CSI. On behalf of CSI, I thank Bob for his contributions and look forward to our continuing relationship to further our strategic consulting business.”

Mr. Newman continued: “Since the acquisition, DeLeeuw Associates has continued to grow and has become a key strategic member of the CSI family. DeLeeuw Associates has an impressive management team, and I personally look forward to working with them in the coming years to continue the growth of the business.”


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