Think Partnership's PrimaryAds Subsidiary Settles Lawsuit

27 June 2005

CGI Holding Corporation d/b/a Think Partnership Inc. ("THK" or the "Company") (AMEX: THK) announced that its PrimaryAds Inc. subsidiary has settled its lawsuit against Direct Response Technologies, Inc ("DRT"). The principal terms of the settlement include the following:

-- DRT shall provide PrimaryAds with a duplicate of its Business Information and Data.

-- DRT shall continue to provide services to PrimaryAds for nine months after DRT has provided PrimaryAds with a duplicate of its Business Information and Data.

-- Both parties agreed to release the other from all liability relating to the lawsuit.

-- PrimaryAds will dismiss the lawsuit within one month after it receives its Business Information and Data from DRT.

Kenneth Harlan, the Chief Executive Officer of Think Partnership's PrimaryAds Inc. subsidiary, stated,

"This settlement represents a huge opportunity for PrimaryAds to continue the kind of industry growth that made us so attractive to Think Partnership in the first place. We are happy that Direct Response has agreed to return our Business Information and Data to us. Moreover, the litigation prompted our sister company, Kowabunga, to accelerate an already-developing campaign-based network solution that will be uniquely tailored to meet the needs of our affiliates, while providing our staff the features and functionality that will continue to help us scale our operations. We now have the additional time necessary to ensure a seamless transition onto Kowabunga's newly expanded platform.

"We are excited to once again direct 100% of our focus and effort to providing our affiliates with truly outstanding revenue opportunities backed by personal customer service. It is unfortunate that our long-term relationship with Direct Response had to be brought into the courts. However, we will always be thankful for the ability we had to work with Direct Response and we wish them good luck in their future endeavors," Harlan added.

Gerard M. Jacobs, the Chief Executive Officer of Think Partnership, stated, "We entered this litigation with two objectives, and we were able to achieve both of them: securing PrimaryAds' Business Information and Data, and protecting PrimaryAds' customers and business prospects both short-term and long-term. I deeply appreciate and wish to publicly acknowledge the immediate and highly effective legal representation PrimaryAds and Think Partnership received in this matter from attorneys Jeff Bresch and Jayme Butcher of Reed Smith LLP in Pittsburgh."

Source: Business Wire

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