Sonenshine Partners Advises Hewitt Associates on its Sale of Assets related to its Cyborg business to Vista Equity Partners
Company Press Release
January 31, 2008

New York, NY - Sonenshine Partners LLC today announced that it acted as financial advisor to Hewitt Associates, Inc. (NYSE: HEW) on the sale of assets related to Cyborg to Vista Equity Partners, a California-based private equity firm.  Terms of the transaction were not disclosed.

Cyborg provides licensed, processed and hosted payroll software services to a number of organizations in the U.S., Canada and the UK. Vista plans to maintain this organization as a cohesive, self-sustaining business that is resourced and fully capable of handling product development, marketing, sales, service and support for current and future clients. The new company will be renamed Accero and will be singularly focused on delivering payroll and human resources management software and processing solutions. Hewitt will retain and continue to provide payroll services for its HR BPO clients and will continue to license the company's software as the core platform for those clients and for certain Hewitt internal operations.

About Hewitt Associates

For more than 65 years, Hewitt Associates (NYSE: HEW) has provided clients with best-in-class human resources consulting and outsourcing services. Hewitt consults with more than 3,000 large and mid-size companies around the globe to develop and implement HR business strategies covering retirement, financial and health management; compensation and total rewards; and performance, talent and change management. As a market leader in benefits administration, Hewitt delivers health care and retirement programs to millions of participants and retirees, on behalf of more than 300 organizations worldwide. In addition, more than 30 clients rely on Hewitt to provide a broader range of human resources business process outsourcing services to nearly a million client employees. Located in 33 countries, Hewitt employs approximately 23,000 associates. For more information, please visit www.hewitt.com.

About Vista Equity Partners

Vista Equity Partners currently invests over $2 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support toward companies realizing their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, visit www.vistaequitypartners.com.