Information Services Group Inc. — Director's Dealing 2007

Dec 7, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Information Services Group Inc. (III/U)
CIK: 0001371489
Period of Report: 2007-11-27

Reporting Person: SEMLER ERIC (10% Owner)
Reporting Person: TCS Capital GP, LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Units	3979300	Indirect

Footnotes

F1: Each Unit consist of one share of Common Stock, par value $0.001 per share ("Common Stock"), and one redeemable common stock purchase warrant.

F2: The filing of this Form 3 shall not be construed as an admission that TCS Capital GP, LLC ("TCS") or Eric Semler, the managing member of TCS, is or was for the purposes of Section 16(a) of the Securities Exchange act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock, of Information Services Group, Inc. owned by TCS Capital, L.P., TCS Capital II, L.P., and TCS Capital Investments, L.P (collectively, the "Funds"). Pursuant to Rule 16a-1, both TCS and Mr. Semler disclaim such beneficial ownership beyond their pecuniary interest.

F3: TCS holds indirecly Common Stock for the accounts of the Funds, of which TCS is the general partner. TCS receives an allocation of a portion of net profits from and owns a partnership interest in the Funds. Mr. Semler reports the shares held indirectly by TCS because, as the manager of TCS, at the time of purchase, Mr. Semler controlled the disposition and voting of the securities.