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05.07.2007 13:03

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Pomeroy Terminates President/Chief Executive Officer

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Pomeroy IT Solutions, Inc. (NASDAQ:PMRY) today announced that on July 3, 2007, following a review by independent counsel, its Board of Directors terminated Stephen E. Pomeroy as the Company’s President and Chief Executive Officer. In addition, Mr. Pomeroy’s employment was terminated in accordance with the terms of his employment agreement. The terminations were due to certain conduct and actions of Mr. Pomeroy none of which involved any financial impropriety or illegal actions. The Board appointed Kevin G. Gregory, 44, as President and Chief Executive Officer of the Company for an interim period, with a term commencing on July 3, 2007. Mr. Gregory will continue to serve as the Company’s Chief Financial Officer. The Company’s core management team remains intact and is dedicated to the Company’s goals and mission. The Board of Directors is commencing an executive search to choose a permanent President and Chief Executive Officer of the Company. About Pomeroy IT Solutions As an international technology services provider, Pomeroy IT Solutions unites core competencies in IT Outsourcing and Professional Services to deliver and simplify comprehensive outsourcing, application development, integration services, and sourcing solutions through the disciplines of Six-Sigma, program and project management, and industry best practices. Pomeroy's consultative approach and adaptive methodology enable Fortune 1000 corporations, government entities, and mid market clients to realize their business goals and objectives by leveraging information technology to simplify complexities, increase productivity, reduce costs, and improve profitability. For more information go to www.pomeroy.com Forward-Looking Statements Certain of the statements in the preceding paragraphs regarding financial results constitute forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our markets’ actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward looking statements. These risks and other factors you should specifically consider include but are not limited to: changes in customer demands or industry standards, adverse or uncertain economic conditions, loss of key personnel, litigation, failure or inability of the customer to renew the contract, the nature and volume of products and services anticipated to be delivered, the mix of the products and services businesses, the type of services delivered, the ability to timely bill and collect receivables, the need to successfully attract and retain outside consulting services, new acquisitions by the Company, terms of vendor agreements and certification programs and the assumptions regarding the ability to perform thereunder, the ability to implement the Company’s best practices strategies, the ability to manage risks associated with customer projects, existing market and competitive conditions including the overall demand for IT products and services, and the ability to attract and retain technical and other highly skilled personnel. In some cases, you can identify forward-looking statements by such terminology such as "may”, "should”, "expects”, "plans”, "anticipates”, "believes”, "estimates”, "predicts”, "potential”, "continue”, "projects”, "intends”, "prospects”, "priorities”, or negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.

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