SOURCE: Santeon Group, Inc.

November 23, 2010 09:45 ET

Santeon Announces 3rd Quarter Profits and Financial Results

RESTON, VA--(Marketwire - November 23, 2010) -  Santeon Group, Inc. (OTCBB: SANT) today announced the filing of its quarterly financial report in which it reported a net profit for the quarter on increased revenues over the prior year. The quarterly financials also reflect a significant increase in revenue compared to the same period last year.

"We are pleased with the results of our quarterly filing and continue to hold ourselves accountable to meeting our revenue targets," commented Dr. Ash Rofail Chairman/CEO of Santeon Group, Inc. ("Santeon"). "Realizing profits in challenging economic conditions is a strong validation to our strategy and execution plan. We continue to grow in our four (4) strategic markets and are on track to repeating our success next quarter as well," stated Dr. Rofail.

The company continues to focus its strategic growth in Healthcare, Environmental, Media and Agile Development Services with specific focus next quarter on launching our new eBenefits Network product and service with several strategic customers and partners. "We are looking forward to closing 2010 strong and kick-off our 2011 growth plans," continued Dr. Rofail.

About Santeon Group, Inc.
Santeon is a technology company headquartered in Northern Virginia with offices strategically located in San Diego, Los Angeles, London, Cairo and Dubai. Santeon offers products and services in Healthcare, Energy, Media and Agile Development. Santeon's goal is to serve emerging markets by providing technically superior products and solutions while reducing the cost of ownership and deployment of these solutions through a strong channel partner and distribution model. For more information please visit the web site at http://www.santeon.com/.

Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Santeon's future business and financial results, refer to Santeon's Annual Report on Form 10-K and Form 10-Q. Santeon undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.

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