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Message #1
From: NewsBot
Date: August 15, 2005 12:00:00 AM

PDHO News Paradigm Holdings, Inc. Announces CFO Resignation

ROCKVILLE, Md.--(BUSINESS WIRE)--Aug. 15, 2005--Paradigm Holdings, Inc. (OTCBB:PDHO) announced today that Mark A. Serway has notified the company of his resignation as Senior Vice President, Chief Financial Officer and Director and will be joining a private financial consulting firm.

Paradigm Holdings Chairman and CEO Raymond A. Huger commented, "While we regret that Mark is leaving, we are indebted to him for his outstanding contributions and for helping the company transition from a private to a public company. We wish him continued success in his new endeavors."

Mr. Huger indicated that a search is already in progress for a new Chief Financial Officer.

About Paradigm Holdings, Inc.

Paradigm Holdings, Inc. (OTCBB:PDHO), parent company of Paradigm Solutions Corporation and Paradigm Solutions International, provides information technology and business continuity solutions to government and commercial enterprises. Our solutions include OpsPlanner(TM) Business Continuity/COOP Planning, Emergency Management, and Notification software. Paradigm was incorporated in 1996, and generated revenues of more than $60 million in 2004. Headquartered in Rockville, Maryland, the company has more than 300 employees working in 12 offices throughout the U.S. More information about Paradigm Holdings, Inc. can be found at www.paradigmsolutions.com.

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