Spiderboy International, Inc. Announces Reorganization Plan

Company Is Renamed and Re-launched as Charys Holding Company, Inc.

ATLANTA -- June 9, 2004 -- Spiderboy International, Inc. (OTC Bulletin Board: SBYI.OB - News) today announced a plan of reorganization (Form 14A) that has been filed and accepted by the Securities and Exchange Commission. The Proxy Statement requested, among other matters, a shareholder vote for a change of corporate domicile through a plan of merger with Charys Holding Company, Inc. (Charys), a Delaware corporation.

Charys is a recently formed corporation created for the purpose of changing the domicile of Spiderboy from Minnesota. Charys will be the surviving entity after the merger.

"This filing and approval by our shareholders to move the company to Delaware is the first step toward executing on our strategy and reflects the sound vision of our management team," said Billy V. Ray, chairman and CEO, Charys Holding Company, Inc. "We are determined to provide the best operating environment for our young company."

Under the terms of the merger, 10 common shares of SBYI.OB will be exchanged for one share of Charys and one preferred share of SBYI.OB shall be exchanged for one preferred share of Charys. As a result, the current shareholders of SBYI.OB will become shareholders of Charys. The merger plan is subject to several contingencies, including:

Shareholder approval;
Filing the Certificate of Merger with the Secretary of State of Delaware;
Filing the Articles of Merger with the Secretary of State of Minnesota.

The new securities will not require registration under section 145 of the Securities Act of 1933. Accordingly, the new Charys shares may be resold by the former shareholders without restrictions -- to the same extent that such shares could be sold without restrictions before the change in domicile.

About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. focuses on the fragmented and underserved segment referred to as Integrated Infrastructure Support Services. This segment varies widely in scope but is fundamentally focused on upgrading the underpinning and infrastructure of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Our principle strategy is to acquire through mergers and acquisitions companies that support this underserved segment.

Charys Holding Company, Inc. serves as a vehicle to provide individual business owners a unique opportunity to participate in effectively "going public," without the time, energy and expense of the process. The mission of the company will continue to be the acquisition of multiple companies into the public entity to better serve the Integrated Infrastructure Support Services market.

NOTE: 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.

Contact:
Stuart Smith
Red Nine PR
404.261.0707
ssmith@redninePR.com

www.redninePR.com