Midas Medici Engages MZ Group as Its Investor Relations Advisor

NEW YORK, Feb. 13, 2012 /PRNewswire/ -- Midas Medici Group Holdings, Inc. (OTCBB: MMED) ("Midas Medici" or "Company"), a global provider of managed IT services, data centers, IT infrastructure and consulting services, today announced the Company has retained MZ Group as its investor relations advisor. John Mattio and the MZ-North American and Brazilian operations will assist Midas Medici with corporate communications, PR and investor and shareholder outreach.

"We decided to partner with MZ Group because of the breadth and depth of the services they can provide us in the U.S. and in Brazil," said Nana Baffour, Chief Executive Officer of Midas Medici Group Holding, Inc. "Midas Medici has quickly evolved from a primarily US-based comprehensive IT infrastructure service company to a global player in fast-growing IT infrastructure markets, particularly in Brazil where our Cimcorp operation is experiencing double-digit sales growth.  Due to the diversity of our client base and rapid expansion in our service offerings worldwide, we need an investor relations partner to help us clearly communicate our story to investors across all markets."

"Midas Medici is an ideal client for MZ," said Ted Haberfield, Managing Partner of MZ Group North America. "Their focus on expanding their businesses and shareholder base internationally falls squarely in our core competency. We look forward to working with the management team to help build their public brand among customers, business partners and investors."

About MIDAS MEDICI Holdings, Inc.
Midas Medici Group Holdings, Inc. (OTCBB: MMED.OB - News) is a global managed IT services and infrastructure 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  operations, Midas works with its customers by optimizing IT and data center investments, streamlining communications between departments, reducing costs 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. For more information on Midas Medici, please visit: www.midasmedici.com.

Forward Looking Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties; including statements related to Midas Medici Holding's public offering of common stock and the completion of the offering. These forward-looking statements are based upon Midas Medici's current expectations. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of risks and uncertainties, which include, without limitation, risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering and other risks detailed in Midas Medici's filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. There can be no assurance that Midas Medici will complete the offering of shares of common stock. All forward-looking statements are qualified in their entirety by this cautionary statement, and Midas Medici undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release.

Media Contacts:
Nana Baffour, CFA
Midas Medici Group Holdings, Inc.
+1-212-792-0920
[email protected]
www.midasmedici.com

John Mattio, SVP
MX North America
+1-212-301-7131
[email protected]
www.mz-ir.com

SOURCE Midas Medici Group Holdings, Inc.