Charys Sets Closing Schedule For Acquisition of CCI Telecom, Inc.

ATLANTA - March 1, 2005 - Charys Holding Company, Inc. "Charys" (OTC BB:CHYS.OB), a Delaware corporation, today announced that it is scheduled to close its acquisition of CCI Telecom, Inc. ("CCI") by Friday, March 4, 2005. The companies had previously signed a binding letter of intent on February 7, 2005 and have successfully completed due diligence and negotiation of a definitive agreement and related agreements. The purchase will be consummated through a triangular merger agreement using a combination of stock and certain other deferred payments over the next two years.

"The merger of CCI and Charys unites experience in the industry with a vehicle that expands the ability of CCI to grow significantly," said Billy Ray, Chairman and CEO of Charys. "As we establish ourselves as a force in the Integrated Infrastructure segment, partners like CCI will make it easier to attract capital and other acquisition partners."

Mike Novak, CEO and Founder of CCI, said of the merger, "Charys has a vision for growth that is timed precisely to capitalize on rapidly expanding expenditures in the telecommunications industry. As each new technology is deployed or existing technology is expanded, CCI and Charys can be a significant part of that growth."

About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC BB:CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally 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’s principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. For more information about Charys visit http://www.charys.com.

About CCI-Telecom, Inc.
CCI is a telecommunications infrastructure services business. Headquartered in San Antonio, Texas, the company has 135 employees and satellite offices in Dallas, Houston, and Lee, Massachusetts. CCI specializes in the development and construction of cellular towers, telephone switching facilities, and advanced radar installations. The services provided by the company span a broad range of capabilities including telephone system installation, structured cabling, long-haul fiber, telecom equipment maintenance, as well as installation and services related to microwave, satellite, radar, cellular, and wireless broadband systems. CCI has been in business since 1980 and has won many awards, including six annual recognitions as a "Top Fifty" company by the San Antonio Business Journal. CCI enjoys a reputation for high quality and dependability in the wireless, wireline, and radar industries. Its customers include essentially every major wireless company in the U.S. and various major defense contractors. For more information about CCI visit http://www.ccitele.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Forward-looking statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.

Media contact:
Stuart Smith
Red Nine PR
404 261-0707
ssmith@redninePR.com