Resolve Business Outsourcing Income Fund Announces July Distribution

TORONTO, ONTARIO, Jul 22 (MARKET WIRE) --
Attention Business and Financial Editors:

Resolve Business Outsourcing Income Fund (the "Fund") (TSX: RBO.UN) today
announced a cash distribution to Unitholders of $0.0833 per unit,
covering the period from July 1, 2008 to July 31, 2008. The distribution
will be paid on August 20, 2008 to Unitholders of record at the close of
business on July 31, 2008.

This cash distribution is consistent with disclosure of the Fund's
distribution policy in the prospectus dated March 9, 2006.

Holders of units who are non-residents of Canada will be required to pay
all withholding taxes payable in respect of any distributions of income
by the Fund.

Resolve works with businesses as an outsourced resource taking on
critical processes and managing them better, faster and more
cost-effectively. We have over 35 years of experience managing processes
for Fortune 500 clients in the financial services, retail, government,
consumer goods and communications industries. Headquartered in Toronto,
Canada, Resolve employs more than 5,100 people in 29 locations and is
listed on the Toronto Stock Exchange as Resolve Business Outsourcing
Income Fund, symbol RBO.UN. For more information, visit www.resolve.com.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This press release may include certain statements that constitute
forward-looking statements that involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Fund or Resolve, or industry results,
to be materially different from any future results, performance or
achievements or opportunities expressed or implied by such
forward-looking statements. When used in this press release, such
statements use such words such as ''may,'' ''will,'' ''expect,''
''believe,'' ''intend,'' ''plan,'' ''could'' and other similar
terminology. These statements reflect current expectations regarding
future events and operating performance. Forward-looking statements
involve significant risks and uncertainties, should not be read as
guarantees of future performance or results and will not necessarily be
accurate indications of whether or not such results will be achieved. A
number of factors could cause actual results to differ materially from
the results discussed in the forward-looking statements, including, but
not limited to, loss of key customer contracts or reduction of services
purchased by key customers, foreign exchange rates, increases in costs to
Resolve that cannot be passed on to customers, disputes with key
customers, competition, the ability of Resolve to manage operations and
execute growth strategies, stability of internal and government
information systems and technology, technological changes, the ability to
maintain software licences, changes in privacy laws and risks inherent in
bidding on government contracts. Although the forward-looking statements
contained in this press release are based upon what management believes
are reasonable assumptions, neither the Fund nor Resolve can assure that
actual results will be consistent with this forward-looking statements.
These forward-looking statements are made as of the date of this press
release. Neither the Fund nor Resolve has any obligation to update or
amend the forward-looking statements in this press release except as
required by law.

Contacts:
Resolve Corporation
Jamie Hyde
Chief Financial Officer
(905) 306-6200
Website: www.resolve.com

Copyright 2008, Market Wire, All rights reserved.

-0-