KBAY Kanbay International (MM)

Kanbay Provides NISH With Day-To-Day Professional Services ROSEMONT, Ill., Nov. 29 /PRNewswire-FirstCall/ -- Kanbay International, Inc. (NASDAQ:KBAY), a global management consulting, outsourcing, technology integration and development firm, announced it was selected as the key information technology provider for NISH, a nonprofit organization creating employment opportunities for people with severe disabilities. Kanbay brings NISH a wealth of support through offshore services, onsite staff and offsite staff in Massachusetts and Arizona, and Kanbay will provide NISH with full IT outsourcing support including application development support, network and server management, help desk and desktop and user support. This partnership exhibits another successful outsourcing relationship for Kanbay and continued commitment as an end-to-end service provider. "Kanbay's customer focus, quality staff, and our belief that they will deliver a complete IT outsourcing solution that will enable NISH to grow made it the clear choice in our search for IT providers," said NISH Chief Information Officer Sally Gamett. "Kanbay has proven to be flexible and is able to deliver service levels once reserved for big companies to small- and medium-sized businesses. The improved ability to monitor our system and provide continual upgrades, as well as Kanbay's onsite, offsite and offshore capabilities, will help NISH to achieve its mission of creating employment opportunities for people with severe disabilities." Gary Urban, Kanbay's Account Executive, leads the team of experts providing a wide range of support services to NISH. "In addition to providing NISH with day-to-day support, Kanbay is able to provide access to extensive knowledge capital," Urban said. "We're looking forward to serving NISH on a variety of levels and adding to its overall knowledge of technology services." NISH, headquartered in Vienna, Va., with offices in California, Washington, Texas, Georgia, New York and Illinois, selected Kanbay as its primary provider in a five-year contract deal. About Kanbay International, Inc. Founded in 1989, Kanbay International, Inc. (KBAY) is a global IT services firm with approximately 6,900 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 and Melbourne. Further information about Kanbay can be found at http://www.kanbay.com/ . On Oct. 26, Kanbay announced that it has signed a definitive agreement to be acquired by Capgemini, Europe's largest IT consultancy firm, for $29 per share in cash, subject to Kanbay shareholder and regulatory approval. Forward-Looking Statements This release contains 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 Form 10-Q for the quarterly period ending March 31, 2006. DATASOURCE: Kanbay International, Inc. CONTACT: Laura Micheli for Kanbay International, Inc., +1-312-861-4712, or Web site: http://www.kanbay.com/

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