Business Services Industry

iCongo Announces Executive Promotions: Steven Kramer named President; Joshua Ostrega Executive Vice President for Business Operations; Domenico D'Avirro Vice President for Retail System Services; and Mark Sadegursky Vice President for Software Development

Business Wire, July 9, 2008

MONTREAL -- Irwin Kramer, Chairman and Chief Executive Officer of iCongo, Inc., today announced the promotion of Steven Kramer as President of the Company. Steven will continue his responsibility as Chief Technology Officer and will oversee driving the growth, profitability and satisfaction of iCongo's growing staff and client base.

Concurrent with this announcement, Joshua Ostrega has been named Executive Vice President for Business Operations. Joshua will continue to oversee critical operations of the Company, including QA and Customer Service. Domenico D'Avirro has been promoted to Vice President for Retail System Services, where he will be responsible for managing the growing Retail Systems business including professional services and customer relations with iCongo's retail practice. Mark Sadegursky has been appointed Vice President for Software Development and will continue to manage and oversee iCongo's Software and R&D development processes and staff.

"Steven's extensive experience and his involvement in the growth and direction of the Company since its inception and his leadership capabilities will make him an excellent President," said Irwin Kramer. "As a co-founder of iCongo, Inc., Steven has led the company in a continuous cycle of innovation and growth, enabling iCongo to become a leading provider of cross-channel retail e-commerce and business-to-business e-commerce systems. Under his guidance, iCongo has also developed into a leader in next generation e-commerce systems."

In his new role, Steven will continue to be responsible for the long-term product and technology vision at iCongo, including corporate strategy, research and development, and product management. He will work to foster iCongo's commitment to e-commerce software innovation.

Prior to joining iCongo, Steven led supply chain enterprise system implementations for large retail and manufacturing companies at a leading international software company. Steven holds a Bachelor of Commerce degree in Management Information Systems from McGill University.

"Joshua Ostrega joined iCongo in 1999 and has been an integral part of our management team. He is involved in the formulation of company policy and execution strategies in addition to overseeing and managing QA, Customer Service and Managed Services. Joshua is an experienced member of our Senior Management team and has played a major role in the growth of our Company since its inception," said Irwin Kramer.

Prior to joining iCongo, Joshua spent several years working on technology and Internet software public and private financings and M&A transactions for a Canadian financial firm. Joshua holds a Bachelor of Commerce degree from McGill University.

Domenico D'Avirro joined iCongo, Inc. in 2006 as Director of Account Management where he was a Senior Project Manager for the implementation of iCongo's B2C systems at major retailers. Domenico is responsible for project and client management of iCongo's retail e-commerce customers. Domenico has over 15 years of experience in the technology industry and a strong background in B2C applications. Prior to joining iCongo, Domenico worked at an e-commerce software company as a senior account director managing large Fortune 500 corporate customers.

Mark Sadegursky joined iCongo in 2001 and has held several positions, including Senior Systems Analyst, Network Manager, and Software Manager. Prior to joining iCongo, Mark was involved with supply chain enterprise system implementations for large retail and manufacturing companies at a leading international software company. He holds a Bachelor of Commerce degree in Management Information Systems from McGill University.

"We are very pleased to be able to promote from within the above very qualified individuals. Our strong management team enables iCongo to experience healthy growth while at the same time improving our quality of work and service to our clients," added Irwin Kramer.

About iCongo, Inc.

iCongo, Inc. is a leading developer of e-business systems and software that enable companies to effectively and efficiently transact business over the Internet. iCongo's solutions include B2C e-commerce and retail cross-channel systems, B2C e-commerce systems including catalog and e-procurement and sales force automation, e-marketing and online events. iCongo's clients include many world-renowned retailers and brands. Please visit us at www.icongo.com.

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