WebSourced, Inc Launches Free Online Dating Service at Cherish.com.

Business Editors/High-Tech Writers

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Oct. 27, 2003

More Than 40 Million Online Daters Will Have Opportunity

to Join Fun, Safe and Totally Free Online Dating Community

WebSourced, Inc (OTCBB: CGIH) today launched

Cherish.com (www.Cherish.com) a completely free online dating service, promising to put the fun back into online personals. After months of researching existing online dating options, Cherish.com aims to revolutionize online personals by providing a dating community that combines traditional online dating with social networking.

At its launch, Cherish.com will offer its online dating service without any charge, allowing members to register, browse, communicate and date without any monthly fees.

Cherish.com has the backing of WebSourced, Inc, which has a history of launching successful Internet properties and attracts clients such as NBC, RealNetworks and Alaska Airlines.

How long will Cherish.com be available for free? Answering that question, Pat Martin Cherish's "CEO of Love" said, "We will offer the service without charge until we are satisfied that we have built an online dating community that exceeds the needs of our members."

Martin added, "Online dating has become extremely popular but has also become very complex. We want to provide an online dating community that allows millions of adults the opportunity to find someone to Cherish in a safe and fun environment."

Before the end of the year, Cherish.com will roll out new features that will offer community members advanced search capabilities and enhanced filtering of potential dates.

About WebSourced

Cherish.com offers online dating services in a fun, safe and private environment. The Cherish.com online dating community is operated by Cherish.com, L.P. and is part of the WebSourced, Inc group of Internet properties. Founded by CEO and President S. Patrick Martin, WebSourced is the global leader in Internet marketing and a division of CGI Holding Corporation (OTC.BB: CGIH). The company's filings can be viewed at www.freeedgar.com. For additional information please visit www.cgiholding.com.

Statements made in this press release that express the Company's or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe", "expect", "intend", "estimate", "anticipate", "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. Other factors that could cause the Company's actual activities, results or performance to differ materially include risks and uncertainties relating to: historical losses; balance sheet weaknesses; payment obligations; capital needs; acquisitions financing, terms and conditions; integration of acquired businesses; managing growth; availability of skilled labor; dependence upon and need to compensate key personnel; weak general economic and business conditions; competition; lack of brand awareness; client expectations; dependence upon the internet as a means for commerce; governmental regulation or taxation; issues relating to pending merger; inability to protect intellectual property; illiquidity of the Company's stock; insider control; no dividends; and other factors and risks discussed in the Company's filings with the Securities and Exchange Commission. The Company cannot guarantee future results, levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.