Charys Creates New Subsidiary for Continuing the Implementation of CCI Telecom Build-to-Suit Tower Strategy.

ATLANTA -- Charys Holding Company, Inc. ("Charys") (OTCBB: CHYS.OB) announced today that it has formed a new wholly owned subsidiary - Ayin Tower Management Services, LLC - to further develop its CCI Telecom, Inc. ("CCI") build-to-suit cell tower strategy.

As previously reported, CCI has entered into an initial agreement for its first build-to-suit opportunity with Red Elm which would include the construction of four additional towers under that agreement. Subsequent build-to-suit projects that are presented to CCI through its myriad of contacts in the wireless industry will be funded through Ayin. In return, Ayin will enter into a Development Master Contract with CCI for cell tower site acquisition, pre-development management service, leasing and on-going asset management services, in addition to contracts for the construction of the individual sites.

Ayin has entered into agreements with various lending sources to raise debt and equity for the cell tower build-to-suit projects, which is anticipated to include the purchase of existing multi-tenant towers currently under negotiation and the build-out of up to 80 towers over the next 24 months. The cost of this venture is expected to exceed $20 million dollars with an average cost of construction on each new tower exceeding $200,000.

"Charys is committed to establishing its position in the integrated technology infrastructure and service industry by creating this entity to take advantage of the twin opportunities to construct and retain ownership in towers for our valued customers," said Billy V. Ray, CEO of Charys Holding Company.

"The timing could not be more excellent for this strategic project. This opportunity will create an efficient turnkey model utilizing CCI Telecom's core services and carrier relationships," said Mike Novak, CEO of CCI Telecom.

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTCBB: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as the Integrated Infrastructure Services segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principal strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. For more information about Charys visit www.charys.com.

About CCI Telecom, Inc.

CCI is a telecommunications infrastructure services business. Headquartered in San Antonio, Texas, the company has 135 employees and satellite offices in Dallas, Houston, and Lee, Massachusetts. CCI specializes in the development and construction of cellular towers, telephone switching facilities, and advanced radar installations. The services provided by the company span a broad range of capabilities including telephone system installation, structured cabling, long-haul fiber, telecom equipment maintenance, as well as installation and services related to microwave, satellite, radar, cellular, and wireless broadband systems. CCI has been in business since 1980 and has won many awards, including six annual recognitions as a "Top Fifty" company by the San Antonio Business Journal. CCI enjoys a reputation for high quality and dependability in the wireless, wireline, and radar industries. Its customers include essentially every major wireless company in the U.S. and various major defense contractors. For more information about CCI visit http://www.ccitele.com.

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