Technology Solutions Company Announces Sale of Its Remaining Assets and Initial Liquidating Distribution to Stockholders

Technology Solutions Company today announced that in accordance with the Plan of Complete Liquidation and Dissolution of the Company (the "Plan") approved by its stockholders on April 27, 2009 it has completed the sale of its Data Migration Practice and Blue Ocean software, which constitute substantially all of the Company’s remaining assets.

The Company further announced that its Board of Directors has approved an initial liquidating distribution (the “Initial Distribution”) in the amount of $2.15 per share of common stock. The Initial Distribution is expected to be paid in five to ten business days, and will be payable to stockholders of record as of the close of business on May 1, 2009, which is the date on which the Company filed its Certificate of Dissolution with the Secretary of State of the State of Delaware and closed its stock transfer books.

In accordance with the Plan, the Company expects to appoint a trustee who will complete the wind-down of the business and liquidation of any remaining assets.

FORWARD-LOOKING STATEMENT

This press release may contain forward-looking statements within the meaning of the federal securities laws, including statements regarding the timing and amount of potential future liquidating distribution payments and amounts available for distribution to holders of common stock, if any. These statements reflect the Company’s current expectations with respect to future events and are based on its current assumptions and information currently available. Actual results may differ materially. There can be no assurance that the Company’s expectations will be achieved. Please refer to the risk factors detailed in the Company’s proxy statement filed with the Securities and Exchange Commission (“SEC”) on April 6, 2009. These forward-looking statements are neither promises nor guarantees. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no responsibility to revise or update any such forward-looking information.