Parsippany, New Jersey April 30, 2009…CherryRoad Technologies Inc., a leading integrator of enterprise software, announced today that it has acquired the Oracle PeopleSoft Enterprise HCM practice of Towers Watson, a world-class global services firm. The acquisition adds to CherryRoad’s current consulting team and customer base. It also expands the company’s core capabilities in enterprise software implementations and upgrades as well as business process optimization into additional market segments.

“Combining Towers Perrin’s talented HCM consultants and proven methodologies with our business further strengthens the solution scalability and best practices for which we are already so well regarded,” said Jeremy Gulban, CherryRoad President and Chief Operating Officer.

“We welcome our new staff members and customers and are working to ensure a seamless integration into our operations.”

CherryRoad’s PeopleSoft expertise in enterprise software implementations spans almost 20 years and more than 400 successful engagements with a variety of public sector and commercial clients. CherryRoad was among the first PeopleSoft Gold Certified Consulting Partners to achieve Oracle Certified Advantage Partner status. In fact, Oracle recently honored CherryRoad as its 2008 North America Titan Award winner for the PeopleSoft Solution of the Year.

About Towers Watson

Towers Watson is a global professional services firm that helps organizations improve performance through effective people, risk and financial management. The firm provides innovative solutions in the areas of human capital strategy, program design and management, and in the areas of risk and capital management, insurance and reinsurance intermediary services, and actuarial consulting. Towers Perrin has offices and alliance partners in the United States, Canada, Europe, Asia, Latin America, South Africa, the Middle East, Australia and New Zealand.

About CherryRoad Technologies Inc.
CherryRoad provides comprehensive systems integration and consulting services that maximize enterprise performance for the public and commercial sectors. With headquarters in Parsippany, N.J. and offices across the U.S., CherryRoad has earned a solid reputation for combining our technology, organizational, functional, and vertical market expertise into practical solutions that deliver results. CherryRoad Technologies employs only seasoned professionals who focus on the client’s business issues and consistently perform to exceed expectations. This combination of methodology, focus on our employees, and commitment to our customers was integral in CherryRoad being awarded the 2008 Oracle Titan Award for PeopleSoft Solutions. The Oracle Titan Award recognizes partner excellence in solution development and business achievement. CherryRoad is proud to be distinguished by Oracle for our high solution performance and customer results.