Entrepreneurs Foundation: CenterBeam “Company of the Year”

Company Recognized for Exemplary Community Efforts, Executive Leadership

SAN JOSE, CA - May 24, 2005

Today, CenterBeam announced it has received the Entrepreneurs Foundation’s “Company of the Year Award.”  The award recognizes and celebrates CenterBeam’s “exemplary community efforts” and notes “executive leadership's integration of community into its business practices.”

Diane Solinger, executive director of the foundation, said, “CenterBeam was selected to receive the Company of the Year Award on the basis of its exemplary community efforts in 2004 and in particular, how its executive leadership integrates community into CenterBeam’s business practices."

CenterBeam:  Built on a Foundation of Values

“CenterBeam’s success is built on a foundation of values, and our cornerstone value is Teamwork,” said Kevin Francis, CenterBeam’s president and chief executive officer.  “Teamwork links our staff, connects us to our clients and binds us to our community,” said Francis.

Through individual commitments of time and direct corporate contributions, CenterBeam has consistently and energetically helped organizations ranging from Habitat for Humanity, the Special Olympics, Second Harvest Food Banks, American Red Cross, Hestia House and many others.

The Entrepreneurs Foundation’s charter is to work with emerging companies to facilitate and enable the development and implementation of community benefit and philanthropic programs.  CenterBeam has been a member of the foundation for more than a year.  CenterBeam will receive its award at the Entrepreneurs Foundation’s annual “Powered by EF” gala on June 29.  The gala recognizes the development of a culture of corporate community involvement in emerging Bay Area companies.

About CenterBeam, Inc.

CenterBeam is a North American-based IT outsourced services company that delivers more than 40,000 services daily for mid-sized clients in sixteen countries across four continents. Founded in 1999, CenterBeam pioneered the application of quality management techniques to IT and currently earns a 97% client satisfaction rating as measured by Quality Resource Associates. CenterBeam's Total Satisfaction Guarantee and month-to-month contracts make the company unique among IT outsourced services companies. CenterBeam is headquartered in San Jose, Calif. and can be reached at 408.750.0500 or www.centerbeam.com.