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Harvard University
        Gustav Pack of General Consulting Partners, New York City, was selected by Harvard University to consult with the functional implementation of new core financial systems.   The internal project to Harvard is known as Project ADAPT and will produce the first new financial systems for the university in more than forty (40) years.   Project ADAPT is a program to implement new financial and human resource management information systems for the university.  The new systems will generate more timely, consistent and accurate information about the financial activity than is available today.   They will enable better compliance and management of grant dollars, facilitate smoother administration and enhance Harvard's ability to manage and allocate funds throughout the university.

        New systems that are planned for implementation are General Ledger, Accounts Payable, Purchasing, Fixed Assets, Accounts Receivable, Payroll and Human Resources along with a new Chart of Accounts structure that expands the current 14 digit configuration to a new seven segment, 33 digit format.  The software selected by Harvard, after an extensive study, is the full suite of ORACLE Financial Systems.  The project is expected to be completed in the year 2001.

        Harvard selected GCG on the strength of Mr. Pack's more than thirty (30) years of managing financial software implementations with particular emphasis on large complex multi disciplinary projects.

ACUMEN
            Douglas R. Phillips, Director of our New England Region and Founder and President of ACUMEN  has announced the  completion of the first production installation of the ACUMEN Insurance System (AINS) at PayPower Benefits of South Portland, Maine.  PayPower Benefits was an affiliate of Mercantile and General Reinsurance Company and a subsidiary of Swiss Reinsurance Company, and is now an affiliate of the European Specialty Group.

        The system is a user controlled, parameter driven system which handles rate production, controls and renewal insurance underwriting.  Complete case issue documentation is provided within the database.

        The system features State Regulation edits, participation requirements, contribution alerts, agent lines compliance, COBRA monitoring and dependent/student requirements tracking.  It also features business rule exception warning messages and a full suite of technical and control analysis reports that are common place in the Insurance Industry.

The system is supported by the following environments and platforms.

             Database:      Oracle 7
             NetWare:       Novell; Windows 3.1.n, Windows 95,
                                   Windows NT Workstation and
                                   Windows 98 (beta - ready)

AINS is a networked, client server, database product, that enables consistent enforcement of guidelines, user-input of rate changes, manual, community, pool and experience rating, group administration, renewal underwriting, case issue documents, risk assessment and technical analysis.

Schellinger & Associates
        William V. Schellinger, Director of our New York State Region and founder and President of Schellinger and Associates, announced today that they have relocated to larger office space. The new facilities are located at 204 East Jefferson Avenue in Suite 308 in Syracuse, NY.  The new space will afford significant room for expansion and the space is more convenient for our clients. The phone number for this new office is 315-471-3655.

General Consulting Group

Contact Information:
        Telephone
                (800) 798 - 1568
       Fax
                (914) 758 - 4329
       Postal Address
                101 West 57th Street
                Suite 12K
                New York, NY       10019-2204
       E-Mail