ActioNet Named VIRGINIA'S FANTASTIC 50 Award Winner for Fourth Consecutive Year

FAIRFAX, VA – May 2, 2007

The names of the fifty fastest growing Virginia companies were announced at the twelfth annual Virginia's FANTASTIC 50 Banquet on April 26 at the Westfields Marriott in Chantilly. Over 400 attendees at the ceremony saluted the winners.

Among the winners, ActioNet, Inc. was again recognized as one of the outstanding Information Technology Service Providers, receiving yet another FANTASTIC 50 award. This year marks the fourth year in a row ActioNet, Inc. has been honored by the Virginia Chamber of Commerce for their entrepreneurial success and contribution to Virginia's economic vitality. ActioNet's President & CEO, Ashley W. Chen, attributes this success to an outstanding staff that is focused on serving the needs of our customers.

About Virginia's FANTASTIC 50
Virginia's FANTASTIC 50 award program is a signature event of the Virginia Chamber of Commerce. The FANTASTIC 50 awards recognize leading businesses across the Commonwealth in all types of industries, and are the only statewide awards of this type in Virginia. Nominations for the 2007 FANTASTIC 50 were sought last fall from local chambers of commerce, economic development organizations, and through the sponsors' networks; companies may also nominate themselves. To be eligible, a company must be privately held with headquarters in Virginia, show sales between $200,000 and $100,000,000, and demonstrate positive revenue growth and positive net income in its most recent fiscal year over the previous year. Companies are judged on four-year sales revenue history. The professional service firm Goodman and Company verifies all award entries. For more information about the FANTASTIC 50 Awards, please visit http://www.vachamber.com/events.asp?id=11&eventsid=6.

About ActioNet, Inc.
ActioNet, Inc., headquartered in Fairfax, Virginia, is an SEI^SM CMMI^® Level 3, ISO 9001:2000, 8(a) and woman-owned IT Services Firm with a Top Secret facility clearance. We have strong qualifications and expertise in Program Support, Enterprise Software Development, Systems Integration, Information Systems Security, and Training. As a process-oriented company, ActioNet also follows the Project Management Institute (PMI) methodology and has developed an internal program to help its project managers achieve the Project Management Professional (PMP) certification. ActioNet has outstanding past performance, as evidenced by our "Exceeds Customer Expectations" rating from Dun & Bradstreet and a 92 out of 100 rating from Open Ratings. ActioNet holds the highest 3A1 Financial Rating from Dun & Bradstreet. ActioNet was named one of the 2006 Deloitte Technology Fast 50 winners for the fourth year in a row. For more information, please visit our web site at www.actionet.com.

MEDIA CONTACTS:
Ashley W. Chen, President & CEO, 703-204-0090 Ext. 108, achen@actionet.com.