Q4 Demand Predicted to Remain Strong for Platinum IT Consulting Target Niche


NEW YORK, Oct. 20, 2006 (PRIMEZONE) -- A recent report based on a survey of fourteen hundred Chief Information Officers predicts steady growth in Q4 for technology IT hiring. Thirty-four percent of CIOs surveyed plan to add IT staff and none anticipated cutbacks in personnel.

Platinum IT Consulting Inc., a subsidiary of Global IT Holding Company, (Pink Sheets:GITH) sources personnel for companies and offers custom software solutions related to Oracle, SQL Server and Sybase and software such as SAP, JD Edwards, and PeopleSoft. The report done on behalf of Robert Half Technology specifically mentions that 71% of CIOs anticipated needing personnel having skill sets related to Oracle, SQL Server, and DB2.

Commenting on the report entitled "Robert Half Technology IT Hiring Index And Skills Report" for a company press release, Katherine Spencer Lee, executive director of Robert Half said, "Ongoing competition for IT professionals, particularly those with hard-to-find skill sets and specialized expertise, is prompting many companies to devote greater resources to recruitment and retention efforts."

Business growth was cited by 40 percent of CIOs who expect to hire, as the primary reason for adding IT staff.

About Platinum IT Consulting

Platinum IT Consulting, Inc. was established in 1986 and has sales offices in New York City and Madison, NJ. In 2004, Platinum IT became part of the Global IT Holdings, Inc. family of companies. Global IT Holdings, Inc. is a New York-based holding company created to acquire targeted I.T. staffing firms. The company's current holdings include Platinum IT Consulting and its associated company Parker Clark Data Processing.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.



            

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