NGRU Netguru

At the Company�s 2006 annual meeting yesterday, stockholders of netGuru, Inc. (Nasdaq:NGRU) approved each of the proposals presented, which included a number of proposals that are expected to facilitate the completion of a reverse merger with privately held BPO Management Services, Inc. (�BPOMS�) and the sale and transfer to Company affiliates of the Company�s interest in Research Engineers, Ltd. (�REL�), the Company�s majority-owned Indian subsidiary, and certain additional assets and liabilities. In addition to the re-election of the Company�s five incumbent directors, stockholders approved the issuance of shares of Company common stock to stockholders of BPOMS in connection with the reverse merger; the sale and transfer of the Company�s interest in REL and certain additional assets and liabilities; a corporate name change to �BPO Management Services, Inc.�; a reverse stock split; and an increase in the total authorized number of shares of preferred stock, all as described in the definitive proxy statement filed with the Securities and Exchange Commission. The merger and sale transactions and related matters are expected to be completed as soon as practicable. About netGuru, Inc. netGuru is a technology and services company offering document and project collaboration software/solutions and technical services and support. For more information, please visit www.netguru.com. About BPO Management Services, Inc. BPO Management Services (BPOMS) is a business process outsourcing (BPO) service provider that offers a diversified range of on-demand services, including human resources, information technology, enterprise content management, and finance and accounting, to support the back-office functions of middle-market enterprises on an outsourced basis. BPOMS supports middle-market businesses new to the BPO market, established businesses that already outsource, and businesses seeking to maximize return-on-investment from their in-house workforce. For more information, please visit www.bpoms.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical or factual information, the matters discussed in this press release, including without limitation, whether and when the proposed merger and sale transactions and corporate charter changes and other matters will occur, are forward-looking statements that involve risks and uncertainties. Actual results may differ. Factors that could cause or contribute to such differences in results include, but are not limited to, the continued willingness and ability of the parties to consummate the merger, sale and related transactions, changes in market and business conditions and the conditions of the parties to the proposed transactions, and other risks and factors detailed from time to time in the Company�s public statements and its periodic reports and other filings with the U.S. Securities and Exchange Commission. At the Company's 2006 annual meeting yesterday, stockholders of netGuru, Inc. (Nasdaq:NGRU) approved each of the proposals presented, which included a number of proposals that are expected to facilitate the completion of a reverse merger with privately held BPO Management Services, Inc. ("BPOMS") and the sale and transfer to Company affiliates of the Company's interest in Research Engineers, Ltd. ("REL"), the Company's majority-owned Indian subsidiary, and certain additional assets and liabilities. In addition to the re-election of the Company's five incumbent directors, stockholders approved the issuance of shares of Company common stock to stockholders of BPOMS in connection with the reverse merger; the sale and transfer of the Company's interest in REL and certain additional assets and liabilities; a corporate name change to "BPO Management Services, Inc."; a reverse stock split; and an increase in the total authorized number of shares of preferred stock, all as described in the definitive proxy statement filed with the Securities and Exchange Commission. The merger and sale transactions and related matters are expected to be completed as soon as practicable. About netGuru, Inc. netGuru is a technology and services company offering document and project collaboration software/solutions and technical services and support. For more information, please visit www.netguru.com. About BPO Management Services, Inc. BPO Management Services (BPOMS) is a business process outsourcing (BPO) service provider that offers a diversified range of on-demand services, including human resources, information technology, enterprise content management, and finance and accounting, to support the back-office functions of middle-market enterprises on an outsourced basis. BPOMS supports middle-market businesses new to the BPO market, established businesses that already outsource, and businesses seeking to maximize return-on-investment from their in-house workforce. For more information, please visit www.bpoms.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical or factual information, the matters discussed in this press release, including without limitation, whether and when the proposed merger and sale transactions and corporate charter changes and other matters will occur, are forward-looking statements that involve risks and uncertainties. Actual results may differ. Factors that could cause or contribute to such differences in results include, but are not limited to, the continued willingness and ability of the parties to consummate the merger, sale and related transactions, changes in market and business conditions and the conditions of the parties to the proposed transactions, and other risks and factors detailed from time to time in the Company's public statements and its periodic reports and other filings with the U.S. Securities and Exchange Commission.