SOURCE: Caneum, Inc.

January 17, 2007 07:30 ET

Caneum, Inc. to Appear on MN1.com

Alan Knitowski, Chairman of Caneum, Inc., to Discuss New Developments Including the VETS Contract, Caneum India and Future Growth Strategy

NEWPORT BEACH, CA -- (MARKET WIRE) -- January 17, 2007 -- Alan Knitowski, Chairman of Caneum, Inc. (OTCBB: CANM), a global provider of business process and information technology outsourcing services, will be featured live on Market News First (www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for January 19, 2007, at 9:00 am PST.

Topics to be discussed will include Caneum, Inc.'s recent acquisition of Continuum Systems Pvt. Ltd., the Company's participation in the 10-year $5 billion VETS contract consortium, and the Company's future acquisition strategy and organic growth plans.

Alan Knitowski, Chairman of Caneum, commented, "We are excited about our appearance on MN1.com. With the number of positive events that have taken place over the last couple months, Market News First is a great venue to help reveal the current status and future initiatives of Caneum, Inc. We are excited about the global expansion and organic growth which we have experienced and believe that the corporate strategy is significantly exceeding our initial expectations."

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 business strategy and planning capabilities to assist companies with their "make versus buy" decisions in the areas of data, network, product development, product maintenance and customer support, and fulfills its services in-house, on-shore, near-shore and off-shore, 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 http://www.caneum.com.

About MN1.com:

Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE. Through daily, live interviews, Market News First brings you up to date on all the established companies and informs the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.

"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.

Contact Information

  • Contact:

    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