Attention: Cotelligent Changes Time of Its First Quarter Earnings Conference Call

Apr 12, 2001, 01:00 ET from Cotelligent, Inc.

    SAN FRANCISCO, April 12 /PRNewswire/ -- Cotelligent (NYSE:   CGZ), a leading
 provider of end-to-end information technology (IT) solutions, announced today
 that in consideration of East Coast participants it has advanced its first
 quarter earnings conference call to 1:30 p.m. PDT (previously scheduled at
 2:15 p.m. PDT) on Tuesday, April 24, 2001.
     In addition, the Company announced it is moving its corporate headquarters
 in May 2001 from its present 101 California Street location to 44 Montgomery
 Street, Suite 4050, San Francisco, CA, 94104. The telephone number will remain
 the same.
     Further, Cotelligent has been notified by the New York Stock Exchange
 (NYSE) that it is not in compliance with the NYSE's continued listing
 standards relating to total market capitalization, total stockholders' equity
 and minimum share value.
     The NYSE's continued listing standards require NYSE listed companies to
 maintain (i) a total stockholders' equity and total market capitalization of
 at least $50 million, (ii) an average market capitalization (calculated over a
 period of 30 consecutive trading days) of at least $15 million and (iii) an
 average closing price for its shares (calculated over a period of
 30 consecutive trading days) of at least $1.00. The Company's total
 stockholders' equity as of December 31, 2000 was approximately $45 million and
 the Company's market capitalization and closing price for its shares on
 April 12, 2001 was approximately $10.1 million and $0.66, respectively.
     In accordance with the continued listing standards, the Company is
 submitting a business plan to the NYSE which describes the steps the Company
 is taking to bring the Company into conformity with the continued listing
 standards within the next 18 months. The NYSE will review the business plan
 and notify the Company whether the plan is acceptable. The Company believes
 that its business plan, together with its ongoing restructuring of operations
 which was previously announced, will enable the Company to come into
 compliance with the NYSE's continued listing standards.
 
     About Cotelligent, Inc.
     Cotelligent (www.cotelligent.com) is a national consulting firm,
 delivering end-to-end information technology solutions that power
 forward-looking businesses. Founded in 1996, Cotelligent's expertise lies in
 creating scalable, strategic business solutions driven by technology,
 intelligent resource planning and execution. The Company's services range from
 needs assessment and strategy, to enterprise solutions, to implementation of
 eBusiness and mBusiness platforms. Cotelligent's clients come predominantly
 from traditional sectors within the financial services, technology,
 telecommunications and manufacturing industries. Today, Cotelligent is a
 focused pure-play solution provider with a staff of approximately
 700 technical consultants and operating staff. Cotelligent's stock is traded
 on the New York Stock Exchange under the symbol CGZ.
 
     Safe Harbor Statement
     This press release contains forward-looking statements about Cotelligent's
 business plan (including its restructuring plan) and its effects on the
 Company's future financial results. These forward-looking statements involve
 risks and uncertainties, and actual results could differ from the Company's
 expectations. Factors that might affect actual results, performance, or
 achievements include, among other things, overall economic and business
 conditions, the demand for the Company's services, our ability to execute the
 Company's business plan (including its restructuring plan), the effect of the
 business plan (including its restructuring plan) on employee morale,
 technological advances and competitive factors in the markets in which the
 Company competes, and our ability to recruit and retain qualified personnel.
 These risks and uncertainties are further described in detail in the Company's
 most recent annual report on Form 10-K filed with the Securities and Exchange
 Commission on April 2, 2001.
 
 

SOURCE Cotelligent, Inc.
    SAN FRANCISCO, April 12 /PRNewswire/ -- Cotelligent (NYSE:   CGZ), a leading
 provider of end-to-end information technology (IT) solutions, announced today
 that in consideration of East Coast participants it has advanced its first
 quarter earnings conference call to 1:30 p.m. PDT (previously scheduled at
 2:15 p.m. PDT) on Tuesday, April 24, 2001.
     In addition, the Company announced it is moving its corporate headquarters
 in May 2001 from its present 101 California Street location to 44 Montgomery
 Street, Suite 4050, San Francisco, CA, 94104. The telephone number will remain
 the same.
     Further, Cotelligent has been notified by the New York Stock Exchange
 (NYSE) that it is not in compliance with the NYSE's continued listing
 standards relating to total market capitalization, total stockholders' equity
 and minimum share value.
     The NYSE's continued listing standards require NYSE listed companies to
 maintain (i) a total stockholders' equity and total market capitalization of
 at least $50 million, (ii) an average market capitalization (calculated over a
 period of 30 consecutive trading days) of at least $15 million and (iii) an
 average closing price for its shares (calculated over a period of
 30 consecutive trading days) of at least $1.00. The Company's total
 stockholders' equity as of December 31, 2000 was approximately $45 million and
 the Company's market capitalization and closing price for its shares on
 April 12, 2001 was approximately $10.1 million and $0.66, respectively.
     In accordance with the continued listing standards, the Company is
 submitting a business plan to the NYSE which describes the steps the Company
 is taking to bring the Company into conformity with the continued listing
 standards within the next 18 months. The NYSE will review the business plan
 and notify the Company whether the plan is acceptable. The Company believes
 that its business plan, together with its ongoing restructuring of operations
 which was previously announced, will enable the Company to come into
 compliance with the NYSE's continued listing standards.
 
     About Cotelligent, Inc.
     Cotelligent (www.cotelligent.com) is a national consulting firm,
 delivering end-to-end information technology solutions that power
 forward-looking businesses. Founded in 1996, Cotelligent's expertise lies in
 creating scalable, strategic business solutions driven by technology,
 intelligent resource planning and execution. The Company's services range from
 needs assessment and strategy, to enterprise solutions, to implementation of
 eBusiness and mBusiness platforms. Cotelligent's clients come predominantly
 from traditional sectors within the financial services, technology,
 telecommunications and manufacturing industries. Today, Cotelligent is a
 focused pure-play solution provider with a staff of approximately
 700 technical consultants and operating staff. Cotelligent's stock is traded
 on the New York Stock Exchange under the symbol CGZ.
 
     Safe Harbor Statement
     This press release contains forward-looking statements about Cotelligent's
 business plan (including its restructuring plan) and its effects on the
 Company's future financial results. These forward-looking statements involve
 risks and uncertainties, and actual results could differ from the Company's
 expectations. Factors that might affect actual results, performance, or
 achievements include, among other things, overall economic and business
 conditions, the demand for the Company's services, our ability to execute the
 Company's business plan (including its restructuring plan), the effect of the
 business plan (including its restructuring plan) on employee morale,
 technological advances and competitive factors in the markets in which the
 Company competes, and our ability to recruit and retain qualified personnel.
 These risks and uncertainties are further described in detail in the Company's
 most recent annual report on Form 10-K filed with the Securities and Exchange
 Commission on April 2, 2001.
 
 SOURCE  Cotelligent, Inc.

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