Ingenex Corporation (OTC: IGXC) is one of the world's largest independent management consulting firms serving Global 2000 companies, small and medium-sized businesses, government agencies and other organizations. We have alliances with key technology providers that support and complement our service offerings. We work with our alliance partners to develop comprehensive solutions to common business issues, offer the expertise required to deliver those solutions, lead in the development of new products, capitalize on joint marketing opportunities and remain at the forefront of technology advances.

Ingenex Corporation provides business and technology strategy, software asset management, and managed services. Our service offerings are designed to help our clients generate revenue, reduce costs and access the information necessary to operate their business on a timely basis.

Ingenex and it's alliance partners possess significant industry-specific knowledge. Our focus on specific industry issues provides us with the ability to tailor our service offerings to reflect an understanding of the marketplace in which our clients operate, and enables our clients to achieve their business objectives more quickly and efficiently.

Our principal executive offices are located at 1000 N. Green Valley Parkway, Suite 440-338, Henderson, NV 89074

Investor Relations Contact:
Keith Tarter
Investor Relations
Phone: 866-464-3639 ext.3
Fax: 888-471-5919
investors@ingenex.us

Media Contact:
Mark Samardich
Corporate Communications
Phone: 727-641-7488
Fax: 888-471-5919
msamardich@ingenex.us

IBM Buys ISOGON

What this means to Ingenex:

The recent acquisition of Isogon Corporation by IBM further validates the business value of IT Asset Management solutions like those delivered by Ingenex Corporation. Businesses continue to search for way to better manage their IT software assets, driven by a growing need for cost containment and corporate compliance improvements. While the Products and Services available from Isogon are similar to those provided by Ingenex Corporation, the majority of companies will select a third party independent firm like Ingenex to perform an IT Asset Audit for impartiality and unbiased results.

What this means to Ingenex:

Businesses around the world are tipped to up their spending on business intelligence staff and related software over the next three years, analysts at Gartner Group have said. The market research company surveyed 917 businesses in the US, Canada, Germany, France, UK, China, Japan and Australia of various industries and sizes on their expectations for the next three years.

Some 39 percent of survey respondents said they would need to increase their spend on business intelligence this year. Another 34 percent said they planned to spend the same amount this year as in 2004, Gartner said. Also, big businesses were expected to need three times as many staff with business intelligence expertise by 2008 as they did in 2004, analysts said. Howard Dresner, vice-president at Gartner in the US, said "lack of skills" and high Total Cost of Ownership (TCO) were holding back business intelligence. "High TCO is particularly a barrier in Asia, and for those who deploy business intelligence for the first time. In Japan, nearly half the respondents said that difficulty in learning to use business intelligence hampers its adoption," Dresner said.

Established markets for high-tech, healthcare, telecommunications companies and mid-size educational institutions were likely to experience an increased business intelligence spend, Dresner said.

The majority of companies will select a third party independent firm like Ingenex to perform an IT Asset Audit for impartiality and unbiased results.