Charys Closes on Acquisition of Viasys Companies -- To Generate Total Annual Revenues of $87 Million on a Consolidated Basis

Charys Holding Company, Inc. ("Charys") (OTC Bulletin Board: CHYS), a company focused on the high-growth Integrated Infrastructure Services sector, announced today that it has closed on its acquisition of all the outstanding shares of Viasys Services, Inc. and Viasys Network Services, Inc. (collectively "Viasys"), based in Lakeland, Florida. In business for more than 50 years, Viasys is a leading infrastructure, design, construction, deployment, integration and maintenance company with a current revenue run rate approaching $60 million. Going forward on a consolidated basis, the annual revenue of the combined organization is expected to be approximately $87 million. Billy Ray, CEO of Charys, commented, "Viasys significantly expands our national footprint, diversifies our service line and brings an impressive customer base, including Fortune 100 companies, which create new organic growth opportunities among our subsidiaries. With this milestone acquisition, on a consolidated basis, we expect Charys will generate annual revenues totaling $87 million." Viasys operates several successful divisions servicing the Intelligent Transportation System (ITS), telecommunication, wireless, industrial and utility markets, and is licensed in 14 Southeastern U.S. states. Viasys' focus is on the design, construction and maintenance of wireless and wire-line broadband networks for both the government and private sectors. Charys' subsidiary CCI Telecom serves complementary U.S. markets in 39 Southwestern and New England states. Viasys is also a leading broadband integration company responsible for many of the most recognizable wireless and fiber broadband deployments throughout North America. Viasys has established strategic alliances with some of the most respected companies in the industry, which include many Fortune 100 companies, product manufacturers and financial institutions. Projects include nationwide mobile broadband systems for public safety, transit, transportation, municipal Wi-Fi deployment, enterprise wireless networks and fiber optic deployments for the telecom industry. Mr. Ray added, "The Viasys acquisition also establishes a highly competitive position for Charys within the rapidly evolving mesh networking space. Mesh networking capabilities are increasingly being deployed worldwide due to their advantages to create a robust, stable and scalable infrastructure that is also cost-effective. According to In-Stat/MDR, the market for mesh network access points is expected to grow to nearly $1 billion in 2009, up from $33.5 million in 2004. Along with our subsidiary CCI Telecom and built- to-suit entity Ayin Tower Management Services, Inc., Viasys' expertise in supplying and maintaining wireless mesh architectures for the transportation, utility, telecommunication, industrial and governmental markets creates a synergistic platform for Charys to serve a wider range of customers and markets." Gerry Hall, CEO of Viasys, stated, "The combination of Charys and Viasys establishes a highly competitive position for both companies to capitalize on multiple vertical and cross referral opportunities, while also expanding our current position within the ITS and telecommunications markets. The momentum created by this acquisition should further the implementation of Charys' business strategy." Details of the transaction can be found in the Company's Form 8-K available at http://www.sec.gov. The Company noted that in order to complete the acquisition within the time frame allotted, it used a bridge financing facility totaling $4 million. Separately, management announced that the Company plans to retire the outstanding debt owned to the bridge financer within the next 120 days. The Company is currently in discussions with an existing lender to provide up to a $7 million revolver, and further indicated that the Company will utilize Viasys corporate assets, including two real estate holdings, which it intends to monetize, to retire the debt. About Viasys Viasys Network Services is a leading broadband integrator responsible for many of the most recognizable wireless and fiber broadband deployments throughout North America. For over 50 years, the Company has custom crafted solutions for Commercial, Public Safety, Transportation, and Hospitality markets, and is now the leading design/installation provider to many top-tier integration organizations. Viasys offers a wide variety of broadband services including survey, design, installation, and maintenance of today's sophisticated data systems. The Company employs a full time staff of approximately 500 with a fleet of over 600 pieces of specialized equipment and vehicles. Viasys is a licensed electrical contractor qualified for DOT and other Government work in fourteen Southeastern states. More information is available at http://www.viasyscorp.com. About Charys Holding Company, Inc. Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. is pursuing growth opportunities in the Integrated Infrastructure Services Segment, which is focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' acquisition strategy focuses on companies that bring a strong individual reputation, proven and underleveraged growth capability, and significant management commitment to Charys. Charys seeks to acquire stable, cash flow positive, small to medium-sized private companies engaged in providing direct services, outsourced services and infrastructure to medium and large enterprise businesses. Charys intends to operate these companies as independent subsidiaries, improving aggregate financial performance by influencing its subsidiaries to develop and leverage beneficial synergistic relationships. For more information, visit http://www.charys.com. Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. For further information, contact: At the Company: Investor Relations: Charys Holding Company, Inc. OTC Financial Network M. Ralph DeluciaPeter Clark 678-443-2300 781-444-6100 x629 rdelucia@charys.com peter@otcfn.com http://www.charys.comhttp://www.otcfn.com/chys

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