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Perficient Hires New CFO

February 20, 2004, Austin, Texas – Perficient, Inc. (NASDAQ: PRFT), a leading eBusiness solutions provider to Global 3000 companies in the central United States, today announced the appointment of Michael D. Hill to the position of Chief Financial Officer of Perficient, effective immediately.

“We’re pleased to announce the addition of Mike Hill to Perficient’s executive team,” said Jack McDonald, chairman and chief executive. “With his Big 5 background and expertise, Mike is a strong and strategic hire for the company. As we continue to scale our business, Mike’s ability to manage financial operations at quickly-growing firms will serve as a critical catalyst.”

Hill replaces Mark D. Mauldin, who is leaving the company to pursue other interests.

Mr. Hill has over 12 years experience in finance, accounting and business operations. For the past five years, Hill has held Director and VP-level positions at various technology companies, most recently PerformanceRetail, Inc.. In these roles, Hill was responsible for financial operations management, strategic financial planning, raising private equity and debt financing and all levels of financial reporting. Previously, Hill spent more than seven years with Ernst & Young LLP, the Big 5 professional services firm, where he worked in the Assurance and Advisory Business Services practice in Austin, Texas. There, he worked closely with public and private companies, primarily in the high-technology industry.

“Perficient has established itself as a premier IBM business partner and a significant force in the IT services market in the central U.S.,” Hill said. “I’m enthusiastic about joining a company that executed flawlessly through a challenging market and is now beginning to capitalize on its outstanding growth prospects.”

Hill received a B.B.A. in Accounting from the University of Texas at Austin, and is a licensed C.P.A. in the State of Texas.

About Perficient

Perficient is a leading provider of eBusiness solutions to Global 3000 companies in the Central United States. Perficient helps companies acquire and strengthen their customer relationships, reduce their costs and empower their employees by helping them create Enabled Enterprises™, Web-based infrastructures with dynamicallyintegrated business applications that extend enterprise technology assets to customers, employees, suppliers and partners. Perficient is an award-winning “Premier Level” IBM business partner and a recognized expert in IBM’s WebSphere® software. Perficient’s other partners consist of leading eBusiness technology and services providers including Microsoft, Stellent, Bowstreet, Wily Technology, Tibco, Mainline, Digex, Fusion and others. For more information about Perficient, which has more than 140 professionals in the Central US and Canada, please visit

IBM and WebSphere are trademarks of International Business Machines Corporation in the United States, other countries, or both.

Safe Harbor Statement

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive services, demand for services like those provided by the company and market acceptance risks, fluctuations in operating results, cyclical market pressures on the technology industry, the ability to manage strains associated with the company’s growth, credit risks associated with the company’s accounts receivable, the company’s ability to continue to attract and retain high quality employees, accurately set fees for and timely complete its current and future client projects, and other risks detailed from time to time in the company’s filings with Securities and Exchange Commission, including the most recent Form 10-KSB and Form 10-QSB.