Intellect named as one of "America's Fastest Growing Companies" by Inc. Magazine

November 2005

Intellect Technical Solutions, Inc. is pleased to announce that the company was included in the Inc. 500 for 2005, which is the annual ranking of "America's Fastest Growing Private Companies" by Inc. Magazine.

The Inc. 500 is a measure of revenue growth over the prior three year period. Intellect was recognized as #248 on the 2005 Inc. 500, as a result of 486% revenue growth from 2001 through 2004.

"This is a proud moment for Intellect and all of our employees," said Jim Barge, Principle of Intellect. "The validation of our effort and growth as recognized by Inc. Magazine is a significant accomplishment. I'd like to thank every one of our employees and clients that are part of this outstanding accomplishment".

Since its' inception, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino's Pizza all appearing on the list before they became industry powerhouses.

To be eligible for the 2005 Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2004, and have had at least $500,000 in net sales in the base year of 2001. In addition, their 2004 sales had to exceed 2003 sales. Companies are ranked on cumulative three-year sales growth from 2001 to 2004. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.

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About Intellect

Headquartered in Clearwater, Florida, Intellect Technical Solutions, Inc. is a privately-held Information Technology staffing and solutions firm. The company provides staff augmentation, direct-hire and outsourced project services to Fortune 500 and middle market clients that include Baxter Healthcare, Publix Supermarkets, HSN (formerly Home Shopping), L-3 Communications, and many others. The company was founded in December 1997.