Schatz & Nobel, P.C. Announces Class Action Lawsuit Against IT Group, Inc.

The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action
status has been filed in the United States District Court for the Western
District of Pennsylvania on behalf of all persons who purchased the publicly
traded securities of IT Group, Inc. (Pink Sheets: ITXG.PK) ("IT Group")
between October 21, 1998 and February 23, 2000 (the "Class Period").

The Complaint alleges that IT Group violated federal securities laws by
issuing false or misleading public statements. Specifically, the Complaint
alleges that IT Group made material misrepresentations and omissions regarding
its financial performance in press releases and through filings made with the
Securities and Exchange Commission.

If you are a member of the class, you may, no later than March 21, 2005,
request that the Court appoint you as lead plaintiff of the class. A lead
plaintiff is a class member that acts on behalf of other class members in
directing the litigation. Although your ability to share in any recovery is
not affected by the decision whether or not to seek appointment as a lead
plaintiff, lead plaintiffs make important decisions which could affect the
overall recovery for class members, including decisions concerning settlement.
The securities laws require the Court to consider the class member(s) with the
largest financial interest as presumptively the most adequate lead
plaintiff(s).

For more information about the case, its claims, and your rights, please
contact Schatz & Nobel toll-free at (800) 797-5499, or by e-mail at
sn06106@aol.com. To view a copy of the lawsuit initiating the class action,
or for more information about class action cases and Schatz & Nobel, please
visit our website: http://www.snlaw.net.

CONTACT:
Wayne T. Boulton
Tel.: (800) 797-5499
Website: http://www.snlaw.net
e-mail: sn06106@aol.com