March 09, 2007 12:07 ET

eResearch Distributes Reports on Brainhunter Inc.

TORONTO, ONTARIO--(CCNMatthews - March 9, 2007) - eResearch is pleased to distribute research reports written by Catalyst Equity Research Inc. on Brainhunter Inc. (TSX:BH). Brainhunter is a leading Canadian human resource procurement company providing high value-added end-to-end staf?ng solutions and services. It is one of the largest suppliers on a contract basis of information technology and engineering professionals to customers, primarily large corporations and governments.

In the Initiating Report, dated November 10, 2006, Analysts Robin Cornwell, MBA and Bill Campbell, B.Comm., state that, "Our positive outlook for Brainhunter is based upon our premise that the Company will bene?t from its recent cost restructuring, its enhanced strategic market position from two recent and fully integrated acquisitions, and its signi?cant investment in technology. Brainhunter is well positioned to profit from further industry consolidation and increased corporate outsourcing of people procurement."

In the Update Report, dated February 23, 2007, the Analysts state "We conclude that Brainhunter is in a unique position to garner further sales contracts as management focuses on increasing market share, at the same time continuing to benefit from its recent cost restructuring and its enhanced strategic market position from recent acquisitions."

The opinions, estimates, Recommendation and Target Price contained within these research reports are those of Catalyst Equity Research Inc. and not of eResearch. Catalyst Equity Research Inc. is an independent equity research firm and its Risk Rankings, Research Ratings, and relevant Disclosure Statements are provided on the back page of each report. Catalyst Equity Research analysts Robin Cornwell and Bill Campbell write research reports for eResearch from time to time on a contractual basis.

eResearch, which is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies, was paid a fee by Brainhunter Inc. to disseminate these reports through its extensive electronic distribution network.

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