Jagged Peak, Inc. Announces $4 Million of Revenue in First Quarter of 2009

* Quarter over Quarter Revenue Growth
* Positive Cash Flow from Operations

TAMPA, Fla.--(Business Wire)--
Jagged Peak, Inc. (OTCBB:JGPK), a global provider of enterprise commerce, demand
management, and fulfillment solutions and services, announced financial results
for the first quarter ended March 27, 2009.

Net revenues for the 13-week period increased to approximately $4.0 million,
compared to approximately $3.9 million for the same period last year. The
increase in revenue is primarily related to a significant increase in order
volume and the addition of new technology customers. Gross profit margin
increased to 26% of sales from 24% of sales due to increased order volume and
increased production efficiency.

Jagged Peak reported operating loss of $100,700 for the quarter ended March 27,
2009 compared to operating income of $4,400 during the same prior year period.
Selling, General and Administrative expenses, as a percentage of sales, were 28%
for the quarter, compared to 24% for the same quarter last year. The Company
reported a net loss of approximately $147,400, or $(0.01) per weighted average
share, compared with a net loss of $85,500, or $(0.01) per weighted average
share for the same period last year.

Paul Demirdjian, Chief Executive Officer of Jagged Peak, Inc. commented, "We
were able to maintain our overall sales momentum during the first quarter of
2009 despite the overall weakness in the global economy. We have adjusted and
aligned our sales and marketing efforts to be more focused on certain sectors of
industries that are less affected from the overall economical downturn. We are
seeing the results of these adjustments and we continue to be cautiously
optimistic about Jagged Peak`s 2009 performance."

Mr. Demirdjian continued, "Jagged Peak is being recognized as a leader in the
industry with our Achieving Customer Experience Superiority ("ACES") philosophy.
Our ACES standards can be found at http://aces.jaggedpeak.com . Aces is an
example of our continued efforts to create a best of breed Technology and Supply
Chain Company that sets ourselves apart from the competition."

Andrew J. Norstrud, Chief Financial Officer of Jagged Peak, Inc., commented,
"During tough economic conditions, we were able to maintain our revenue and
improve our gross profit margin. We continue to expand our North American
distribution points and expect to add three new warehouses in 2009. Despite the
economy, we continue to invest in our future and what management sees as great
opportunities in the market, which has caused our selling, general and
administrative expenses to increase as a percentage of sales. Many of these
expenses are non-recurring and related to the establishment of new products and
markets; regardless of these expenses, management expects to have positive net
income from operations for 2009. We will continue to focus on positive cash flow
from operations to ensure the stability and the financial health of the
Company."

About Jagged Peak, Inc.

Jagged Peak, Inc. (OTCBB: JGPK), is a global provider of enterprise commerce,
demand management, and fulfillment logistics solutions and services. The
Company`s flagship product, EDGE (E-business Dynamic Global Engine), is a
completely web-based software application that enables companies to automate and
optimize order management, inventory and fulfillment business processes across
multiple distribution points, customers, suppliers, and partners in real-time.

Jagged Peak serves a growing list of global clients in multiple industry
segments including financial services, insurance, pharmaceutical, travel and
tourism, automotive, manufacturing, and consumer goods. For more information,
visit www.jaggedpeak.com.

Forward-Looking Statements

This report contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements involve risks and uncertainties. Factors that could cause actual
results to differ materially from those predicted in any such forward-looking
statement include our ability to continue to lower our costs, our timely
development and customers' acceptance of our products, including acceptance by
key customers, pricing pressures, rapid technological changes in the industry,
growth of the market, increased competition, our ability to attract and retain
qualified personnel, adverse changes in general economic conditions in the U.S.
and internationally, risks associated with foreign operations and political and
economic uncertainties associated with current world events. These and other
risks are detailed from time to time in the Jagged Peak, Inc. periodic reports
filed with the Securities and Exchange Commission, including, but not limited
to, its report on Form 10-K for its fiscal year ended December 26, 2008.

-Tables Follow-

Jagged Peak, Inc.

Statements of Operations (Unaudited)

Thirteen Weeks Ended
March 27, March 28,
2009 2008

Revenue $ 4,007,800 $ 3,942,000

Cost of revenues 2,984,900 3,008,200

Gross profit 1,022,900 933,800

Operating expenses:

General and administrative expenses 1,123,600 929,400

Operating (loss) income (100,700 ) 4,400

Other expenses:
Interest expense 115,200 126,700

Total other expenses 115,200 126,700
Loss before tax benefit (215,900 ) (122,300 )

Provision for income tax benefit (68,500 ) (36,800 )

Net loss $ (147,400 ) $ (85,500 )

Weighted average number of common shares 14,677,594 14,627,594
outstanding - basic & fully diluted

Net loss per share - basic & fully diluted $ (0.01 ) $ (0.01 )

Jagged Peak, Inc.

Balance Sheets

March 27, December 26, 2008
2009 (Audited)

(Unaudited)
Assets
Current assets:
Cash $ 189,700 $ 126,500
Accounts receivable, net of allowance for doubtful accounts of
$230,000 at March 27, 2009 and December 26, 2008, respectively 1,338,300 1,923,800
Other receivables 111,500 135,000
Work in process, net of allowance of $30,000

at March 27, 2009 and December 26, 2008, respectively
203,400 149,700
Deferred tax asset 268,600 268,600
Other current assets 403,800 443,800
Total current assets 2,515,300 3,047,400

Property and equipment, net of accumulated depreciation
of $1,936,300 and $1,885,700 at March 27, 2009 and
December 26, 2008, respectively 315,300 327,400

Other assets:
EDGE application, net of accumulated amortization of
$1,325,100 and $1,318,100 at March 27, 2009 and
December 26, 2008, respectively 157,300 79,400
Deferred tax asset 1,207,600 1,138,700

Total long-term assets 1,680,200 1,545,500

Total assets $ 4,195,500 $ 4,592,900

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable, trade $ 1,217,700 $ 1,641,500
Accrued payroll and bonuses 463,400 407,800
Other accrued expenses 71,500 61,900
Revolving note, $261,000 and $1,000,000 was available at March 27,
2009 and
December 26, 2008, respectively 173,800 0
Deferred rent 25,500 34,900
Notes payable 1,280,000 1,415,000
Deferred revenue and customer deposits 679,300 600,200
Total current liabilities 3,911,200 4,161,300

Long-term liabilities:
Deferred rent, long term 57,300 57,200
Total long-term liabilities 57,300 57,200

Stockholders' equity:
Preferred stock, $.001 par value; 5,000,000 shares authorized; no
shares issued
or outstanding at March 27, 2009 and December 26, 2008
Common stock, $.001 par value; 70,000,000 shares authorized;
14,677,594

shares issued and outstanding at March 27, 2009 and December 26, 2008
14,800 14,800
Additional paid-in capital 3,388,400 3,388,400
Accumulated deficit (3,176,200 ) (3,028,800 )
Total stockholders' equity 227,000 374,400

Total liabilities and stockholders' equity $ 4,195,500 $ 4,592,900

Jagged Peak, Inc.
Company Contact:
Paul Demirdjian, 813-637-6900
or
Investor Relations Contact:
Andrew J. Norstrud, 813-637-6900

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