Caneum, Inc. Invited to Present at Wall Street Networks, Morgan Stanley and the California Telecom Association Technology and Telecommunications Conference.

NEWPORT BEACH, Calif. -- Caneum, Inc. (OTCBB:CANM) announced today that it will be presenting at the upcoming Wall Street Networks Tech / Telecom Conference in Newport Beach, CA at the Sutton Place Hotel on Saturday, July 23. The company will have a 30-minute speaking opportunity and break-out session to go further-in-depth about products and services with conference attendees.

"The Wall Street Networks Conference provides us with a unique opportunity to reach out to the investment community and communicate the Caneum story to new audiences. We are looking forward to this opportunity to showcase the company and share our vision for the future. The conference promises to be a great event with senior executives from top industry companies attending such as Motorola, Level 3, Sprint, Nextel, Broadcom, Qwest, QLogic and a host of other public companies, media sponsors, investment professionals, investors, brokers and analysts," commented Suki Mudan, President of Caneum.

About Caneum Inc.:

Caneum Inc. is a global provider of business process and information technology outsourcing products and 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, Caneum 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 http://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 Securities & Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Caneum's services; Caneum's ability to gain market acceptance for its services and products; the company's ability to fund its operations; the company's ability to attract and retain skilled personnel; the company's reliance on third-party suppliers; the company's ability to acquire 1138 Inc. and successfully integrate the operations of 1138 Inc. into the company.