Midas Medici Announces Jason Gibbs Joins Consonus as Regional Sales Director

NEW YORK, Dec. 2, 2011 /PRNewswire/ -- Midas Medici Group Holdings, Inc. ("Midas") (OTCBB: MMED), an innovative green IT company in the fields of virtualization, cloud computing and data management, today announced that Jason Gibbs was named the Regional Sales Director for the Carolinas at Midas Medici's Consonus brand.  The appointment marks a move to support future growth.  The Regional Sales Director role is responsible for leading the sales organization, partner relationships and setting strategic and tactical execution goals for the area.

"We are highly focused on addressing the growing demand for cloud computing, virtualization and data management solutions through our Consonus brand," stated Nana Baffour, CEO and Co-Founder of Midas Medici.  "With his years of storage experience, as well as customer and partner relationships, Jason represents a tremendous asset as we continue to expand our operations."

Mitch Lemons, Vice President of Sales at Consonus, stated, "We are thrilled to have Jason join our sales organization.  Jason has an excellent track record, having successfully managed high growth sales territories in the Carolinas for the past 15 years.  His consultative approach to sales has helped customers solve business problems and IT challenges from a holistic perspective – a philosophy shared by Consonus. We look forward to the contributions he will make to our customers and our partners."

Formerly of Virtual Computing Environment Company (VCE), a joint venture of EMC, Cisco, VMware, and Intel, Mr. Gibbs has earned a reputation for his business development acumen and knowledge of both the partner and customer community. Industry expertise includes enterprise software applications, enterprise storage, cloud architectures, data management, business continuity/disaster recovery, and virtualization. Previous professional experience includes sales and business development roles at EMC Corporation and Hitachi Data Systems.

"I'm excited about the opportunity to impact sales in a more strategic role," said Jason Gibbs.  "There's tremendous opportunity for growth at Consonus and the broader Midas Medici group and I'm honored to be a part of it."

About Midas Medici Group Holdings, Inc.

Midas Medici Group Holdings, Inc. (OTCBB: MMED) is a green IT company that supplies mid-sized and select enterprises and institutions with leading-edge IT solutions in the fields of virtualization, cloud computing and data management, as well as working with utilities and other institutions to transform the electric grid through digital technologies in the United States and Brazil.  Across its CIMCORP, Consonus and UtiliPoint brands, Midas works with its customers by optimizing IT and data center investments, cutting energy usage and preventing data loss, all while maximizing productivity.  Through a management team with decades of experience, Midas is positioning itself to take advantage of the high-growth IT industry through its unique specialized services at the intersection of energy and technology. 

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For more information on Midas Medici, please visit: www.midasmedici.com.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the Company's business and operations; business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Company Contact:

Johnson Kachidza
Chief Financial Officer
212-792-0920

Investor Contact:

Trilogy Capital Partners
Darren Minton, President
Toll-free: 800-592-6067
[email protected]

SOURCE Midas Medici Group Holdings, Inc.