Caneum, Inc. Announces Increased Focus on High-Value Information Technology and Business Process Services

Caneum, Inc. (PINKSHEETS: CANM), a global provider of business process and information technology outsourcing services, is sharpening its focus on high-value information technology and business process outsourcing services. Over the past six months, the company has integrated its recently acquired offshore services with its existing onshore capabilities to create a technology-rich suite of outsourcing service offerings.

The company's information technology services now include:

--  Application Services spanning the complete application life cycle --
    from visioning, planning, designing, development and testing to
    implementation, roll out and maintenance
--  Web Services including website design, content management, e-commence
    and search engine optimization capabilities
--  Project Staffing Services delivering "just in time" project talent
    from strategic subcontract consulting to contract and direct placement
    services

The company's business process outsourcing services now include:

--  Customer Care Services providing an integrated platform for managing
    all types of customer interactions from conventional telephone-based
    support services to innovative online chat capability
--  Voice Transcription Services offering a comprehensive range of high
    quality and cost-effective transcription capabilities for investors and
    services with a specialization in Quarterly Earnings conference calls
    transcription
--  HR and Recruiting Services specializing in senior-level executive and
    program management search

The company also plans to announce in the coming weeks, the rollout of its Solution Center in Newport Beach. The Center is being designed to support customers' accelerated visioning, solution design and planning needs.

Gary Allhusen, COO of Caneum commented, "Our enhanced capabilities, combined with a rollout of our new solution center represent a significant move up the information technology and business process outsourcing value chain for Caneum. Customers are no longer content with just the cost savings associated with moving activity offshore. Customers are looking for outsourcing partners to help them envision new solutions, architect them correctly and ensure the solutions ultimately provide tangible value. Our capabilities position us to work side by side with our customers throughout the lifecycle of their improvement efforts ensuring a higher value outcome."

In parallel with the announcement of its new service offerings, the company has released an updated version of its website, www.caneum.com .

About Caneum, Inc.

Caneum, Inc. is a global provider of business process and information technology outsourcing services across vertical industries including technology, energy, government, transportation, financial services, education and healthcare. The Company provides a suite of information technology and business process outsourcing services with in-house, on-shore, near-shore and off-shore capabilities depending on the business goals and objectives of its global customers. In parallel, the Company is opportunistically pursuing accretive acquisitions within its core outsourcing product and service suite in order to broaden its core capabilities, expand its customer base and supplement its organic growth. For more information, please visit the Company's web site at www.caneum.com .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers.

Contacts: Caneum, Inc. Gary Allhusen EVP, COO & Principal Financial Officer (949) 273-4000 Email Contact or TMS Capital, LLC Thomas Sauve (Investors / Media) (646) 245-2465 Email Contact