Press Release: ActioNet, Inc. Ranks #11 in 2004 Virginia’s Fantastic 50

FAIRFAX, VA – May 4, 2004 – ActioNet announced today that it has been named to the 2004 Virginia’s Fantastic 50. The winning companies for the ninth annual "Fantastic Fifty" list of 50 of the fastest-growing companies in the state were saluted at the annual awards banquet held at the Westfields Marriott in Chantilly on April 29.

ActioNet’s President and CEO Ashley W. Chen said, “This award is a tribute to the hard work and perseverance of our outstanding team. Together we have made a difference.”

ABOUT VIRGINIA’S FANTASTIC 50
The Fantastic 50 award program is sponsored by the Virginia Chamber of Commerce, Virginia Business Magazine, Goodman and Company, SunTrust Bank and Westfields Marriott. The Virginia Department of Business Assistance is also a Fantastic 50 sponsor.

Nominations for the Fantastic 50 were sought statewide from local chambers, economic development organizations, and through the sponsors’ networks. Companies could also nominate themselves. To be eligible, companies were required to be privately held, with headquarters in Virginia, and to show sales between $200,000 and $100 million. They were judged on a four-year sales revenue history. Verification of all award entries was conducted by the professional service firm of Goodman and Company.

ABOUT ACTIONET, INC.
ActioNet, Inc., headquartered in Fairfax, Virginia, is a leading information technology services provider specializing in Software Development, Systems Integration, Training, and IT Security.

ActioNet, Inc. was founded by Ashley W. Chen in 1998 with the vision of “helping customers align their IT strategies with their business goals”. ActioNet has maintained a corporate philosophy of:

• Building long-term relationships with clients by providing the highest quality services.
• Encouraging employee learning and self-improvement, giving each dedicated employee the chance to grow with ActioNet.
• Keeping ActioNet’s standards high through teamwork and commitment to quality.

In 2006, ActioNet plans to pursue ISO 9001:2000 certification. We are strong believers in process improvement so we can better serve our customers.

CONTACT
Ashley W. Chen, ActioNet, Inc., 703-204-0090 Ext. 108, achen@actionet.com.