EXHIBIT 99.1

Caneum, Inc. Announces Quotation on OTC Bulletin Board Under the Ticker
Symbol "CANM"

Friday July 2, 2004

NEWPORT BEACH -- (BUSINESS WIRE) - July 2, 2004 - Caneum, Inc. (OTC/BB:
"CANM"), a business process and information technology outsourcing services
company, today announced its common stock as being quoted on the OTC
Bulletin Board (OTC/BB) under the ticker symbol "CANM."

"Caneum's common stock being quoted on the OTC Bulletin Board is an
important first step in the process of executing our business plan by
increasing our exposure to the public markets and allowing us to grow our
business through mergers and acquisitions, strategic alliances and public
awareness," stated Chairman Alan Knitowski.  "We are extremely excited
about our growth prospects rolling forward and are well ahead of the
business goals and objectives established for the company for its first 12
months of operational activity."

To find out more about Caneum, Inc., please contact Jason Daggett at
714-264-7975 or at the company's corporate office located in Newport Beach,
California, at (949) 273-4006.  The company's corporate website address may
be found at www.caneum.com.

About Caneum, Inc. (http://www.caneum.com)

Caneum, Inc. is a global provider of business process and information
technology outsourcing services across vertical industries including
technology, energy, government, education and healthcare.  It provides a
suite of business planning and strategy capabilities to assist companies
with their "make versus buy" decisions in the areas of data, network,
product development, product maintenance and support, and fulfills its
services on-shore, in-region (NAFTA) and off-shore depending on the
business goals and objectives of its global clients.  In parallel, Caneum
is aggressively pursuing a micro-cap roll-up strategy within its core
outsourcing service suite in order to broaden its capability set and
simultaneously take advantage of the large number of companies worldwide
that currently lack an exit strategy for their businesses and shareholders.
For more information, visit the company's web site at www.caneum.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995:  With the exception of historical information, the statements set
forth above include forward-looking statements that involve risk and
uncertainties.  The company wishes to caution readers that a number of
important factors could cause actual results to differ materially from
those in the forward-looking statements.  Those factors include but are not
limited to the risk factors noted in the company's filings with the
Securities & Exchange Commission, such as the rapidly changing nature of
technology, evolving industry standards and frequent introductions of new
products and enhancements by competitors; the competitive nature of the
markets for Caneum's services and products; Caneum's ability to gain market
acceptance for its services and products; the company's ability to attract
and retain skilled personnel; and the company's reliance on third-party
suppliers.

Contact:

The Liquid Consulting Group, Inc.
Brett H. Pojunis, (702) 870-1775
stockinfo@caneum.com