January 31, 2005
Kineticom Bucks Trend, Flourishes During Telecom Slump and Records Record Revenue Growth in 2004

Stage set for talent provider to expand in 2005

SAN DIEGO, Calif., January 31, 2005 - Kineticom, Inc., a leading provider of freelance technical talent for companies in the communications and information technology industries, today announced record year-over-year revenue growth of 500% for the 2004 calendar year. This growth is a direct result of Kineticom's deepening customer relationships with leading wireless carriers and infrastructure providers and its unique ability to give technology a human edge, and serves as a springboard for the company's aggressive steps to expand its service offering in 2005.

In the midst of a downturn across global telecommunication markets, Kineticom posted profitable revenue growth since 2002, with bottom-line performance above industry norms. In building their successful business model in the talent-sensitive technology industry, Kineticom has demonstrated the value of progressive partnerships, building credibility and trust in stages through impeccable delivery. The company has quickly established itself as a valued component of its clients' human capital management strategies.

Part of Kineticom's success formula is the speed and scale at which they operate. Kineticom has proven to their clients they are a national source for contract-based technical talent. "Kineticom connects me with the right people, at the right time, anywhere I need them," said Julie Budzik, human resources director for TruePosition, the company responsible for the national E911 deployment.

Led by a young and savvy executive team, Kineticom is at the forefront of the global paradigm shift to a mobile, contingent workforce that is revamping the way companies work. The dynamic company has built a network of top-notch technical talent in industries where such highly technical positions are inherently difficult to fill. Recognizing talent as the paramount factor for success, tomorrow's leading companies have sophisticated requirements not met by today's traditional staffing companies.

"Our goal is to be recognized by our clients as their most valued provider of people services," said Kineticom CEO Simon Billsberry. "We attribute our success thus far to our progressive partnering strategy. Providing human capital is far beyond transactional. We focus on intimately understanding our customers' business goals and providing human resource-related value defined in their own terms."

The company has taken appropriate steps to continue to execute its aggressive business strategy in telecom while also increasing its presence in the technology marketplace. To that end, Kineticom is pursuing new alliances to expand its service offering. The company recently secured ISO 9000-2000 certification, which certifies the quality of its business processes and its commitments to ensure customer satisfaction. Additionally, Kineticom was awarded a new commercial line of credit from Comerica Bank.

Kineticom recently added Glen Estell, a veteran of IBM and other leading communication technology companies, as its Chairman. "This is an incredibly exciting company," said Estell. "Kineticom brings energy and a fresh perspective to the staffing industry. They intimately understand their customers' unique business objectives and they leverage their experience in the rapidly expanding mobile workforce to get results. In addition, Kineticom fosters a culture of audacious professionals who believe in themselves and know how to make things happen."

Billsberry added, "If you're in the war for talent, Kineticom will help you win it."