The Board of Directors of Santeon Group, Inc. (OTCPK:SANT) authorized a share repurchase program on February 4, 2013. Under the plan, the company will repurchase up to $0.5 million worth of its own shares. Santeon may repurchase shares of common stock in the open market or through privately negotiated transactions and as permitted under Securities Exchange Act of 1934 Rule 10b-18.

A condition of the Board's authorization is that all purchases be made using internally generated funds. The company believes that the current stock price is undervalued, and therefore, the share repurchase program is in the best interests of the stockholders. The extent to which Santeon repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations, as determined by Santeon's management team.

Shares will be repurchased over the next twelve months.