ALaS Names JPMorgan and WaMu Vet, Erik DiGiacomo, Managing Director and VP Global Delivery Services

New York, NY - 25 March 2008

ALaS, a consulting, outsourcing and software firm whose clients in the financial services industry include Morgan Stanley, Washington Mutual, UBS and Barclays Capital, has named Erik DiGiacomo as a managing director and vice president of global delivery services.

DiGiacomo was previously in the Shared Services division of Washington Mutual Bank where he led the securities group. Prior to that, he was at JPMorgan for over 10 years as a vice president with the Securities Operation team. During his tenure there he led the merger with Chase’s Fixed Income division and managed several efficiency projects, including Y2K modifications. As an ALaS managing director he will be responsible for ensuring consistent service delivery to meet clients' needs.

“Erik is a great addition to our management team,” said Wesley Archer, ALaS’s president and CEO. “His experience as a financial services executive provides a level of insight that further enhances our ability to deliver the industry’s best consulting services.”

A graduate of Cornell University where he earned a degree in economics, DiGiacomo resides in Montclair, New Jersey with his wife and two children.

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