Thinkpath Sells IT Staffing Division to Treklogic Inc.

    TORONTO--July 8, 2003--Thinkpath Inc. (OTCBB:THTHF) announced the sale of its IT Staffing division to Treklogic Inc. (TKI. CDNX) of Toronto, in consideration of cash, a note, and assumption of all employee liabilities. Tony French, former Executive Vice President of Thinkpath Inc. has joined Treklogic as Vice President of Business Development.
    This transaction allows Thinkpath to focus all of its resources on building its engineering consulting, design services, and technical publishing business.
    This is the final step in the restructuring process undertaken last year in order to regain profitability and focus. Engineering is now Thinkpath's core business and through the acquisition of CAD CAM Inc. in 1999, Thinkpath has a 25-year history and track record to build upon.
    In early 2003, the establishment of engineering services was initiated in Canada and with the move to ABB's automation headquarters in Brampton, the company is positioned for significant growth.

    Thinkpath Inc. (OTCBB:THTHF) is a global provider of technological solutions and services in engineering knowledge management, including design, drafting, technical publishing, and consulting. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. We are experts in the aerospace, automotive, manufacturing and health care industries.
    Further information about the company, its services and products can be found at www.thinkpath.com.

    Forward-Looking Statement
    This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.