SOURCE: Virtual Media Holdings, Inc.

December 02, 2008 08:31 ET

Virtual Media Holdings, Inc. Receives Approval From California's South Coast Air Quality Management District for Biomass Co-Generation Power Systems

VANCOUVER, BC--(Marketwire - December 2, 2008) - Virtual Media Holdings, Inc. (PINKSHEETS: VMHIF) is pleased to announce that the Company's Biomass Co-Generation Power system has been approved by the California South Coast Air Quality Management District (AQMD). AQMD is the air pollution control agency for all of Orange County and the urban portions of Los Angeles, Riverside and San Bernardino counties. This is the second most populated urban area in the United States and is well known for its large amount of air pollution and smog.

AQMD is committed to undertaking all necessary steps to protect public health from air pollution, with sensitivity to the impacts of its actions on the community and businesses. Discussions between the Company and AQMD have also included a program to remove under brush in fire prone areas to reduce the risk of California wild fires. The underbrush would be processed and used as a fuel to power a Biomass plant in Southern California.

"We are pleased to have the endorsement of AQMD and look forward to working together on promoting alternative fuels to reduce air pollution in Los Angeles and surrounding suburbs. We believe that Biomass co-generation is an inexpensive and safe way of generating power and reducing harmful emissions that currently plague large Metropolitan areas," stated Jim Carroll, CEO of Virtual Media Holdings, Inc.

About Virtual Media Holdings, Inc.:

Virtual Media Holdings, Inc. recently acquired Biomass Secure Power for the purpose of developing co-generation power plants using a variety of biomass fuels to generate green electrical power. Engineering studies have been completed, covering fuels consisting of wood waste, horse manure and chicken manure.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

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