SCNG SC Holdings Corporation (CE)

Scientigo�, Inc. (OTCBB:SCNG), a technological innovator in local/mobile search, enhanced directory assistance solutions and a wide array of location based services, today announced that Cynthia White, President and Chief Operating Officer, has assumed leadership responsibilities. At a meeting of the Board of Directors, held on October 19, 2006, board members unanimously voted not to renew the employment agreement of Scientigo�s Chief Executive Officer, Doyal Bryant, which formally expired on October 22, 2006. The Board also unanimously agreed that following expiration of his employment agreement, Mr. Bryant would step down as CEO effective October 23, 2006. Mr. Bryant will remain a member of the Scientigo Board of Directors. The Scientigo Board of Directors, in conjunction with Ms. White announced the increased commitment to two primary initiatives. The Company will continue to leverage proprietary and patented intellectual properties to deliver a robust Local Search platform supporting Enhanced Directory Assistance (EDA) services, and the Intelligent Document Recognition (IDR) product for enterprise content management. To that point, Ms. White reported the increased involvement and participation of key members of Scientigo�s Board of Advisors, Harry Pettit and Bill Powers, as exclusive consultants focused on leveraging the Company�s unique IP portfolio to deliver Enhanced Directory Assistance Services. Pettit and Powers were key contributors in the development of the existing 411, Directory Assistance platform. After joining Scientigo in 2005, Ms. White began refocusing Scientigo product development and operations to a market driven model with more emphasis on accountability. The products include those related to opportunities in Local Search and Enhanced Directory Assistance, and the Litigation Support markets. White has over 25 years of experience in senior corporate management with emphasis on value added services for strategic planning, change management and systems/operations. In the capacity of both a consultant and an employee, Ms. White has helped business leaders address their greatest challenges from reorganizing for long term growth to improving business performance and maximizing revenues. During her career she has evaluated, developed and enhanced existing products, infrastructures, and systems to increase revenues while minimizing risk of delivery and regulatory exposure. Prior notable positions include Division Manager for Global Capital Markets Operations, Bank of America and key consulting engagements with KPMG Financial Services, Fleet Financial, Preferred Trade/Fimat, and TradeStation. Ms. White has served as Scientigo�s Chief Operating Officer since September 2005, and was appointed President of Scientigo in September 2006. Harry Pettit is President of Global Directory Solutions, an international company engaged in providing comprehensive Directory Assistance services for telephone, cellphone and Internet users. He was a founder of LSSi, the world's leading provider of telephony-sourced national databases of telephone listings, and has also held executive positions at IBM and Bell Atlantic. Bill Powers provides telephony technology and communication solutions expertise. Powers was the founder and former CTO of LSSi, the largest nationwide white pages database data and services provider. Powers and Pettit are co-creators of FIND 1st, a next-generation enhanced directory assistance solution. About Scientigo� Scientigo� (pronounced "see-ENH-Tigo"), owner of the powerful URL FIND.com, provides innovative software solutions and media services to capitalize on emerging local search opportunities, leveraging its multi-patented next generation search technology. The Company is focused in mobile and local search, with initial concentration in the Enhanced Directory Assistance market. Scientigo� also provides enterprises the ability to capture, organize, store and find any type of information. Scientigo�'s patented Tigo� technology boosts productivity and corporate agility, reduces document management and research costs, and delivers ROI to the customer. Important third-party independent software and solution providers are licensing Scientigo�'s technologies to improve the capabilities, benefits and market appeal of their offerings; and to accelerate their time-to-market for the next-generation of intelligent information acquisition and retrieval systems. To learn more, please visit www.scientigo.com. This news release may contain forward-looking statements. Forward-looking statements are indicated by words such as "expects," "intends," "anticipates," "believes" and similar expressions. Our ability to achieve the results anticipated in such forward-looking statements is subject to risks and uncertainties, including, without limitation, the potential interest of third parties in our intellectual property portfolio, any potential growth of our company, our ability to successfully maximize the value of our intellectual property assets, in addition to general economic conditions, operating results, market acceptance of our solutions and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission. These forward-looking statements are made in accordance with "safe harbor" provided by the Private Securities Litigation Reform Act of 1995 and no assurance can be given that the future results that are the subject of such forward-looking statements will be achieved. The Company undertakes no obligation to publicly update or revise the forward-looking statements, whether as a result of new information, future events, or otherwise. Scientigo(TM), Inc. (OTCBB:SCNG), a technological innovator in local/mobile search, enhanced directory assistance solutions and a wide array of location based services, today announced that Cynthia White, President and Chief Operating Officer, has assumed leadership responsibilities. At a meeting of the Board of Directors, held on October 19, 2006, board members unanimously voted not to renew the employment agreement of Scientigo's Chief Executive Officer, Doyal Bryant, which formally expired on October 22, 2006. The Board also unanimously agreed that following expiration of his employment agreement, Mr. Bryant would step down as CEO effective October 23, 2006. Mr. Bryant will remain a member of the Scientigo Board of Directors. The Scientigo Board of Directors, in conjunction with Ms. White announced the increased commitment to two primary initiatives. The Company will continue to leverage proprietary and patented intellectual properties to deliver a robust Local Search platform supporting Enhanced Directory Assistance (EDA) services, and the Intelligent Document Recognition (IDR) product for enterprise content management. To that point, Ms. White reported the increased involvement and participation of key members of Scientigo's Board of Advisors, Harry Pettit and Bill Powers, as exclusive consultants focused on leveraging the Company's unique IP portfolio to deliver Enhanced Directory Assistance Services. Pettit and Powers were key contributors in the development of the existing 411, Directory Assistance platform. After joining Scientigo in 2005, Ms. White began refocusing Scientigo product development and operations to a market driven model with more emphasis on accountability. The products include those related to opportunities in Local Search and Enhanced Directory Assistance, and the Litigation Support markets. White has over 25 years of experience in senior corporate management with emphasis on value added services for strategic planning, change management and systems/operations. In the capacity of both a consultant and an employee, Ms. White has helped business leaders address their greatest challenges from reorganizing for long term growth to improving business performance and maximizing revenues. During her career she has evaluated, developed and enhanced existing products, infrastructures, and systems to increase revenues while minimizing risk of delivery and regulatory exposure. Prior notable positions include Division Manager for Global Capital Markets Operations, Bank of America and key consulting engagements with KPMG Financial Services, Fleet Financial, Preferred Trade/Fimat, and TradeStation. Ms. White has served as Scientigo's Chief Operating Officer since September 2005, and was appointed President of Scientigo in September 2006. Harry Pettit is President of Global Directory Solutions, an international company engaged in providing comprehensive Directory Assistance services for telephone, cellphone and Internet users. He was a founder of LSSi, the world's leading provider of telephony-sourced national databases of telephone listings, and has also held executive positions at IBM and Bell Atlantic. Bill Powers provides telephony technology and communication solutions expertise. Powers was the founder and former CTO of LSSi, the largest nationwide white pages database data and services provider. Powers and Pettit are co-creators of FIND 1st, a next-generation enhanced directory assistance solution. About Scientigo(TM) Scientigo(TM) (pronounced "see-ENH-Tigo"), owner of the powerful URL FIND.com, provides innovative software solutions and media services to capitalize on emerging local search opportunities, leveraging its multi-patented next generation search technology. The Company is focused in mobile and local search, with initial concentration in the Enhanced Directory Assistance market. Scientigo(TM) also provides enterprises the ability to capture, organize, store and find any type of information. Scientigo(TM)'s patented Tigo(TM) technology boosts productivity and corporate agility, reduces document management and research costs, and delivers ROI to the customer. Important third-party independent software and solution providers are licensing Scientigo(TM)'s technologies to improve the capabilities, benefits and market appeal of their offerings; and to accelerate their time-to-market for the next-generation of intelligent information acquisition and retrieval systems. To learn more, please visit www.scientigo.com. This news release may contain forward-looking statements. Forward-looking statements are indicated by words such as "expects," "intends," "anticipates," "believes" and similar expressions. Our ability to achieve the results anticipated in such forward-looking statements is subject to risks and uncertainties, including, without limitation, the potential interest of third parties in our intellectual property portfolio, any potential growth of our company, our ability to successfully maximize the value of our intellectual property assets, in addition to general economic conditions, operating results, market acceptance of our solutions and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission. These forward-looking statements are made in accordance with "safe harbor" provided by the Private Securities Litigation Reform Act of 1995 and no assurance can be given that the future results that are the subject of such forward-looking statements will be achieved. The Company undertakes no obligation to publicly update or revise the forward-looking statements, whether as a result of new information, future events, or otherwise.