Talware Networx Inc.

Talware Networx Inc.

May 12, 2005 09:00 ET

Talware Networx Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - May 12, 2005) - Talware Networx Inc. (TSX VENTURE:JOB)("Talware") announced today it has filed with the Canadian securities authorities its Annual Financial Statements and Management Discussion & Analysis report for the year ended December 31, 2004. These documents can be viewed at http://www.sedar.com.

In addition, Talware also announced that Mr. John Angaritis and Mr. Steve Bielawski have resigned from the company's board of directors and one vacancy on the board has been filled by the appointment of Mr. Paul Vorvis. The company's board of directors welcomes Mr. Vorvis to the board and thanks Mr. Angaritis and Mr. Bielawski for their services on the board and wishes them all the best with their future endeavours.

Lastly, Talware announced that its corporate offices have moved to 44 Victoria Street, Suite 400, Toronto, Ontario, M5C 1Y2. The company's new telephone number is (416) 862-2525.

About Talware

Talware provides human capital retention and recruitment solutions for professional recruitment companies and corporate human resource departments. The company's suite of products allows users to source and manage human capital resources on a local, national and global basis.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release.

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