SOURCE: Santeon Group, Inc.

October 13, 2010 09:00 ET

Santeon Announces Corporate Reorganization, Stock Control Actions and a New Trading Symbol

RESTON, VA--(Marketwire - October 13, 2010) - Santeon Group, Inc. (OTCBB: SANT) today announced a reorganization of the board and the executive management team with primary focus on positioning the company for growth. The announcement outlines significant changes to support its coming phase of growth and ensuring shareholder transparency and positive stock performance. Among those significant changes are executed lock-up agreements with the company's current officers, directors and other prior officers and directors (as referenced in our 8k Filing) preventing the exercising of any stock sale, trade or transfer for a period of one (1) year. The company also announced a drastic and significant new stock issuance policy by controlling stock issued to employees, consultants and vendors in exchange for services. As part of an on-going organization and restructuring effort, the company accepted the resignation of Mr. John Castiglione as a member of the board and an officer of the company and entered into a consulting agreement with Mr. Castiglione to ensure a smooth transition of uBroadcast into Santeon's media division.

"We build quality solutions for our customers and our partners. Likewise we are holding the executive team, as well as the company officers and directors, to a very high standard of performance and integrity which is necessary to build a quality company for our shareholders and employees. Transparency and strong communication are keys to our growth and to building a world class technology company," commented Dr. Ash Rofail, Chairman and CEO.

The company also announced that it has received approval from FINRA on its request for a trading symbol change and will be trading effective 10/12/2010 under the new symbol OTC.BB: SANT.

Additionally, the company has engaged the law firm of Soden & Steinberger, LLP to oversee all of its securities transactions and compliance, including all SEC related filings, internal and external transactional compliance, and trading oversight.

"Our mission is clear and specific over the next period; focus on increased revenue and profitability. We have achieved great strides towards that goal and our results will speak for themselves," commented Dr. Ash Rofail, Chairman and CEO. "We are growing in new markets and have acquired strategic contracts and partnerships that we will be announcing to our shareholders over the next few days," continued Dr. Rofail.

About Santeon Group, Inc.
Santeon Group 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 Group'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

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 SANT's future business and financial results, refer to SANT's Annual Report on Form 10-K and Form 10-Q. SANT 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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