KBAY Kanbay International (MM)

Rodney J. Rogers Is Finalist for Florida's Ernst & Young Entrepreneur Of The Year(R) Award MIAMI, May 23 /PRNewswire-FirstCall/ -- Kanbay International, Inc. (NASDAQ:KBAY), a global management consulting, technology integration and development, and outsourcing firm, announced that Rodney J. Rogers has been selected as a finalist in the Ernst & Young Entrepreneur Of The Year Florida Awards program. Rogers, formerly Chief Executive Officer and Founder of Adjoined Consulting, serves as Senior Managing Director of Kanbay since its acquisition of Adjoined in March of 2006. Entrepreneurism fuels Kanbay. The firm has differentiated itself in the IT services marketplace by offering its clients a combination of operational efficiency, innovative solutions and transformational expertise. In the quarter ended March 31, 2006, Kanbay's revenues grew by 39% year-over-year. "I share this recognition with my colleagues, who show the entrepreneurial spirit that has been the core of our phenomenal growth," said Rogers. "We're focused on building a new breed of consulting firm that will deliver the world's most efficient end-to-end solutions." Ernst & Young's prestigious Entrepreneur Of The Year awards program, now in its 20th year, recognizes outstanding entrepreneurial achievements. Finalists are chosen by an independent panel of judges, including other successful entrepreneurs and leaders from academia, business and the media. The panel selects the finalists based on a thorough assessment of financial performance, company growth, leadership, profitability, strategic direction, innovation, personal integrity, values and originality. Winners will be announced on June 22, 2006 during a gala at the Gaylord Palms Resort in Orlando, Fla. Those who are named regional winners will become finalists for the national Entrepreneur Of The Year award, with winners announced in Palm Springs, Calif. on November 18, 2006. About Kanbay International, Inc. Founded in 1989, Kanbay International, Inc. (NASDAQ:KBAY) is a global IT services firm with more than 6,200 associates worldwide. Kanbay provides a highly integrated suite of management consulting, technology integration and development, and outsourcing solutions through a proven global delivery platform to clients focused on Financial Services and Consumer & Industrial Products, as well as an emerging presence in the Communications & Media and Life Sciences industries. Kanbay is a CMM Level 5 assessed company headquartered in greater Chicago with offices in North America and India as well as London, Singapore, Hong Kong, Tokyo and Melbourne. Further information about Kanbay can be found at http://www.kanbay.com/. Forward-Looking Statements This release may contain statements relating to projections or future results. These statements are forward-looking statements under the federal securities laws. We can give no assurance that any projections or future results discussed in these statements will be achieved. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from the statements contained in this release. For a discussion of important factors that could affect our actual results, please refer to our SEC filings, including the "Risk Factors" disclosure in our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2006. About The Ernst & Young Entrepreneur Of The Year(R) Program The Ernst & Young Entrepreneur Of The Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur Of The Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries. Ernst & Young Entrepreneur Of The Year(R) is a registered trademark of Ernst & Young LLP. Other trademarks are the property of their respective owners. DATASOURCE: Kanbay International, Inc. CONTACT: Megan Grabos, +1-312-861-4710, for Kanbay International, Inc. Web site: http://www.kanbay.com/

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