Talware Networx Inc.

Talware Networx Inc.

June 16, 2005 15:25 ET

Talware Networx Inc. Announces Release of Restated Consolidated Financial Statements

TORONTO, ONTARIO--(CCNMatthews - June 16, 2005) - Talware Networx Inc. (TSX VENTURE:JOB) announced today that it has filed on SEDAR Restated Consolidated Financial Statements for the years ended December 31, 2004 and 2003. This document may be viewed at www.sedar.com.

About Talware Networx Inc.

Talware Networx Inc. provides human capital recruitment and retention 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. They include solutions for private label job boards, skill and experience identification, applicant marketing and employee communication.

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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