KBAY Kanbay International (MM)

Annual Series to Capture Proprietary Set of Demand Metrics in Financial Services, Consumer and Industrial Products, Communications and Media, and Life Sciences ROSEMONT, Ill., June 14 /PRNewswire-FirstCall/ -- Kanbay International, Inc. (NASDAQ:KBAY), a global management consulting, technology integration and development, and outsourcing firm, today announced the launch of the Kanbay Research Institute (KRI) (formerly Adjoined Research), an operating unit focused on delivering industry-specific, consumer demand research. The KRI 2006 Demand Series will measure consumer desires in the Financial Services, Consumer and Industrial Products (including Travel and Leisure, Retail, and Restaurant and Beverage), Communications and Media, and Life Sciences sectors, offering unique, state-of-the-art data to global clients. The leading indicator data helps Kanbay clients stay several steps ahead of their competition by identifying critical trends that impact decisions being made today about future technology, management and operational strategies. The first report of the series, entitled "Media Content Demand 2006: How Well Media Content Providers Deliver on Consumer Desires," will be released today with the other studies following at regular intervals. "Each of KRI's forward-looking, fact-based industry studies offers our clients a unique view of what their customers will demand today and tomorrow," said Larry Gordon, executive vice president of global sales and marketing for Kanbay. "Leveraging the data in the studies allows Kanbay to link research with IT services strategy and implementation, offering a unique value proposition that is unmatched by any of our competitors in the industry and difficult to attain quickly regardless of investment. This integrated services offering works to attract new clients, while enhancing our existing relationships." "The launch of KRI is a direct reflection of the strong integration of the two firms since the acquisition of Adjoined in March, illustrating efficient collaboration both internally and externally," said Rodney Rogers, senior managing director of Kanbay and former chief executive officer and founder of Adjoined Consulting. "With our unique model that combines research with higher value onshore and offshore capabilities, Kanbay is taking multisourcing to a new level, integrating multiple services and expertise under a single solutions provider." About the Kanbay Research Institute The Kanbay Research Institute (KRI) is an operating unit of Adjoined Consulting LLC, a subsidiary of Kanbay International, Inc. Originally founded in 1998 and formerly the independent research division of Adjoined Consulting, Inc., the KRI conducts primary research on an original set of leading indicators that measure consumer demand across functional, emotional and economic factors. Through a patented research system, comprehensive market models are built based on consumer desires that measure how well leading companies are meeting those desires. The KRI researches and analyzes over 300 market leading companies on a continual basis, with over 14 million data points collected since 2001 in a standardized fashion. The research provides strategic, technological and operational insights about how today's best performing companies tap into unmet customer demand to build long-term, economic advantages over the competition. For more information, contact 800-840-5148 (U.S. only) or at 703-788-6751 worldwide, or visit http://www.kanbayresearch.com/ . About Kanbay International, Inc. Founded in 1989, Kanbay International, Inc. (NASDAQ:KBAY) is a global IT services firm with more than 6,200 associates worldwide. Kanbay provides a highly integrated suite of management consulting, technology integration and development, and outsourcing solutions through a proven global delivery platform to clients focused on Financial Services and Consumer & Industrial Products, as well as an emerging presence in the Communications & Media and Life Sciences industries. Kanbay is a CMM Level 5 assessed company headquartered in greater Chicago with offices in North America and India as well as London, Singapore, Hong Kong, Tokyo and Melbourne. Further information about Kanbay can be found at http://www.kanbay.com/ . Forward-Looking Statements This release contains statements relating to projections or future results. These statements are forward-looking statements under the federal securities laws. We can give no assurance that any projections or future results discussed in these statements will be achieved. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from the statements contained in this release. For a discussion of important factors that could affect our actual results, please refer to our SEC filings, including the "Risk Factors" disclosure in our Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2006. DATASOURCE: Kanbay International, Inc. CONTACT: Megan Grabos, +1-312-861-4710, , for Kanbay International, Inc. Web site: http://www.kanbay.com/

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