Midas Medici's CIMCORP Recognized with Supplier Award by CEMIG for Expertise in IT Management and Virtualization

NEW YORK and SAO PAULO, Aug. 25, 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, as well as Smart Grid solutions, today announced that its CIMCORP brand was recently recognized by CEMIG (NYSE: CIG), one of the largest electric energy utilities in Brazil, with the "CEMIG Supplier Award."

The "CEMIG Supplier Award" focuses on encouraging the development of CEMIG's suppliers and is presented to those suppliers with the best annual performance.  CIMCORP was the only company in the IT sector to receive the recognition, due to its specialization in data center services, virtualization and cloud computing.  Among the criteria taken into account for the award, CIMCORP showed excellence in quality, safety, security and price.

"We are pleased to announce that our CIMCORP brand was chosen by CEMIG for their prestigious supplier award," stated Nana Baffour, CEO and Co-Founder of Midas Medici.  "As one of the largest utilities in the country, this award by CEMIG is a validator for the quality of our IT support services and virtualization expertise in Brazil."

Among the services provided by CIMCORP to CEMIG are projects in the area of data center storage, virtualization, network expertise and user support. CIMCORP also manages the IT related aspects of CEMIG's technology park, which consists of approximately 10,000 desktops and more than 2,000 laptops.

"We can always rely on CIMCORP to meet our precise contract needs, both in terms of due dates and quality. Every year we seek to reward companies like CIMCORP that are aligned and contribute to the success of our projects," said Wander Jose Eustaquio de Oliveira Junior, Manager of Materials and Services Quality at CEMIG.

To support IT managers, CIMCORP develops projects with a focus on high performance technology, providing advanced tools for hardware, software and services. In addition, it assists companies in designing the architecture for deployment of virtualization-based environment, developing an investment plan that seeks to maximize efficiency and provide the greatest return on investment.

"At CIMCORP, offering a complete IT infrastructure solution means implementing a technology park for CEMIG with high performance hardware and software, ensuring business continuity with effective management of environments. As for the case of server virtualization, the economies of scale can yield savings of up to 25% per year," said Alberto Volpini, Business Manager of CIMCORP.

Operating in Brazil since 1988, Midas' CIMCORP brand provides and manages a complete spectrum of IT infrastructure services and solutions to commercial and government markets.  CIMCORP specializes in data center services with an emphasis on complex solutions that enable Brazilian companies to virtualize and implement cloud-based systems.  CIMCORP has 8 regional offices, 12 distributorships, 3 partner data centers, and an international subsidiary in Miami, FL.

About CEMIG

Companhia Energetica de Minas Gerais – CEMIG (NYSE: CIG) is one of the largest and most important electric energy utilities in Brazil due to its strategic location, its technical expertise and its market.  CEMIG is present in 15 Brazilian States and in Chile. CEMIG owns and operates 67 power plants, of which six are in partnership with private enterprises, relying on a predominantly hydroelectric energy matrix. Electric energy is produced to supply about 18 million people in Brazil. CEMIG manages the largest electric energy distribution network in Latin America and one the four largest in the world, which extends as far as 360,000 thousand kilometers.  CEMIG also owns a cable television, internet and telecommunications business called Infovias which uses the company's transmission and distribution lines. For more information on CEMIG, please visit: http://www.cemig.com.br

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.