NEWPORT BEACH, CA--(MARKET WIRE)--Sep 8, 2008 -- Caneum, Inc. (Other OTC:CANM.PK - News), a global provider of business process and information technology outsourcing services, announced today that it has received an Orange County Technology Fast 50 award from sponsors including Deloitte & Touche LLP.

The Company was not only recognized as one of the 50 fastest growing companies in Orange County, California, but it was also nominated for consideration in the Technology Fast 500, which honors the 500 fastest growing North American technology companies. The Technology Fast 50 congratulatory reception will be held on October 23, 2008, at The Center Club in Costa Mesa, California.

As part of the awards program, Suki Mudan, President of Caneum, Inc., will be interviewed along with other CEOs comprising the Technology Fast 50. The results of the survey interviews will be used to formulate presentations of the Company and to draw greater media attention to the significance of the technology, media, telecommunications and life sciences industries in Orange County, California.

"Congratulations from all of us to you and Caneum," commented Fred Poska, Technology Fast 50 Chairman of Deloitte & Touche LLP.

Suki Mudan, President of Caneum, Inc., further commented, "We are honored to have received the Orange County Technology Fast 50 Award for 2008. This is the second growth award that our Company has received in as many months and we appreciate the regional recognition tied to our roots here in both Newport Beach and Orange County, California."

About Caneum, Inc.

Caneum, Inc. is a global provider of business process and information technology outsourcing services across vertical industries including technology, energy, government, transportation, financial services, education and healthcare. The Company provides a suite of business strategy and planning capabilities to assist companies with their "make versus buy" decisions in the areas of data, network, product development, product maintenance and customer support, and fulfills its services in-house, on-shore, near-shore and off-shore, depending on the business goals and objectives of its global customers. In parallel, the Company is opportunistically pursuing accretive acquisitions within its core outsourcing product and service suite in order to broaden its core capabilities, expand its customer base and supplement its organic growth. For more information, please visit the Company's web site at www.caneum.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers.

     Contacts:
     Caneum, Inc.
     Suki Mudan
     President
     (949) 273-4004
     Email Contact