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FOR IMMEDIATE RELEASE
Contact:
Steve Pinchotti
Altum, Inc. (www.altum.com)
703-675-3606
steve.pinchotti@altum.com

Altum Awarded North Carolina Convenience Contract

Raleigh, NC. December 15, 2003 - The State of North Carolina has selected Altum, Inc. as a qualified vendor on the state's IT Supplemental Staffing Convenience Contract for the upcoming year.

This opportunity will help Altum expand into the state government sector, providing both long and short-term support for all programming and consulting needs for various state agencies. "We have been focused on the federal business and decided to open an office here in the Triangle area to leverage our expertise at the state level", commented David Fotheringham, Altum's North Carolina Operations Manager.

The contract provides North Carolina government agencies a procurement vehicle for accessing approved IT vendors with pre-negotiated prices.

The convenience contract runs through September 2004.

For more information on the ITSS Contract, please contact:
David Fotheringham
4819 Emperor Blvd.
Suite 400
Durham, NC 27703
(919) 422-0199

About Altum, Inc.

Altum’s solutions help organizations monitor, measure, analyze, and improve their business by giving them control over their data. We are a professional software development and consulting firm that builds solutions that enable users to quickly access, analyze, and make informed decisions from the data locked up in corporate data sources. Our systems focus on results by using a proven and robust query and reporting framework. Our customers are delighted by cost-effective, high quality software solutions delivered on-time, on-budget, and with unparalleled customer service.

Altum’s software products include: AltumGRS™, a Grants Reporting System; AltumQR™, a Query and Reporting tool; AltumATS™ , an Advanced Text Search engine; AltumPDT™, a Professional Development Tool for employee evaluations and professional development; and AltumMedigent™, a robust content management system and online collaboration tool.

Altum is proud to be named to Deloitte’s prestigious Technology Fast 50 Program for Virginia two years in a row. In both 2003 and 2004, Altum was recognized as one of the 50 fastest growing technology companies in Virginia as well as one of the fastest 500 growing technology companies in North America (www.fast500.com).

Founded in 1997, Altum is a privately held corporation headquartered in Reston, VA; just outside Washington, D.C. with an additional location in Burlington, Vermont.


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