KBAY Kanbay International (MM)

Leading Global IT services company to provide clients with crisis management strategies designed to prevent business interruptions in the aftermath of natural disasters like hurricanes ROSEMONT, Ill., Oct. 20 /PRNewswire-FirstCall/ -- Kanbay International, Inc. (NASDAQ:KBAY), a global management consulting, outsourcing, technology integration and development firm, and a Certified Partner in Oracle(R) PartnerNetwork, today announced it will showcase its proven disaster recovery solutions at the Oracle OpenWorld conference, taking place Oct. 22-26, in San Francisco. Kanbay Director Graig Theobald will team up with Andrx Corporation's Director of Payroll, Zoe Doble, to share best-practice examples of executing a cost-effective emergency payroll plan in the wake of a hurricane. Their joint session titled, "Natural Disasters: Can Your Payroll Weather the Storm?" will take place on Oct. 26 at 2 p.m. in Moscone West, room 3024. This session will focus on the use of Oracle's PeopleSoft Enterprise Applications for systematic payroll processes. The effects of storm timing and severity on communication plans, payroll options and disaster recovery solutions will also be discussed. "In an increasingly complex and demanding business environment, the cost of business interruptions is steadily growing," said Theobald. "Through our partnership with Oracle, Kanbay is able to offer disaster preparedness and business interruption recovery services to our clients as part of our end-to- end suite of solutions." "We are pleased to have Kanbay join us at Oracle OpenWorld," said Rauline Ochs, group vice president, North America Alliances and Channels at Oracle. "Through its unique three-tiered delivery model and deep domain expertise, Kanbay has emerged as a thought leader in the IT global services industry and a strong partner for Oracle." Kanbay will be exhibiting at booth 3418 in Moscone West for the duration of conference. About Kanbay International Inc. Founded in 1989, Kanbay International, Inc. (KBAY) is a global IT services firm with approximately 6,500 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 and industrial products, as well as an emerging presence in the communications and 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/ . About Oracle PartnerNetwork Oracle PartnerNetwork is a global business network of 17,700 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Oracle Certified Partner levels. http://oraclepartnernetwork.oracle.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 period ending March 31, 2006. Trademarks Oracle, JD Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. DATASOURCE: Kanbay International, Inc. CONTACT: Laura Micheli of Kanbay International, +1-312-861-4712, Web site: http://oraclepartnernetwork.oracle.com/ http://www.kanbay.com/

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