EAST HANOVER, N.J. (January 29, 2007) - - On January 25, 2007, Conversion Services International, Inc. (AMEX: CVN), a premier professional services firm focused on delivering the value in business intelligence, data warehousing and data management solutions to Global 2000 organizations and other businesses, received notice from the Staff of the American Stock Exchange indicating that the Company is not in compliance with the Exchange’s continued listing standards due to the Company's inability to maintain compliance with certain AMEX continued listing requirements and its plan of compliance submitted in July 2006, as set forth in Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iv) of the AMEX Company Guide, and that its securities are subject to be delisted from the Exchange. The Company received notice on June 29, 2006, from the Staff indicating that the Company was below certain of the Exchange's continued listing standards. The Company was afforded the opportunity to submit a plan of compliance to the Exchange; and on July 31, 2006, the Company presented its plan to the Exchange. On September 26, 2006, the Exchange notified the Company that it accepted the Company's plan of compliance and granted the Company an extension until December 28, 2007, to regain compliance with the continued listing standards.

The Company plans to file an appeal of this determination and to request a hearing before a committee of the Exchange. Once filed, the appeal automatically stays the delisting of the Company’s common stock pending a hearing date and the Exchange’s decision. The time and place of such a hearing will be determined by the Exchange. There can be no assurance that the Company’s request for continued listing will be granted. If the committee does not grant the relief sought by the Company, its securities will be delisted from the Exchange and may continue to be quoted on the OTC Bulletin Board.

The Company disclosed its previous AMEX notice and circumstances relating to its current listing deficiency in its Current Report on Form 8-K filed with the Securities and Exchange Commission on July 7, 2006. Readers of this press release are urged to read carefully the Company's public announcements and regulatory filings with the SEC, including the press releases and the Current Reports on Form 8-K filed with the SEC dated July 7, 2006, and September 27, 2006.


About Conversion Services International, Inc.

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