SOURCE: Dynamic Media Holdings, Inc.

October 10, 2008 09:00 ET

Dynamic Media Holdings, Inc. Signs Agreement to Acquire Biometrics Company

MANALAPAN, NJ--(Marketwire - October 10, 2008) - Dynamic Media Holdings, Inc. (PINKSHEETS: DYMH) is pleased to announce that it has signed an agreement to acquire 100% of Evermedia Biometrics Corporation, a wholly owned subsidiary of STS Evermedia Corporation. As part of the terms of the agreement, STS Evermedia will receive 50 million common shares of DYMH. STS Evermedia Biometrics was founded by CEO and President Jonathan Sym in 2006. Says Dynamic President Bruce Schoengood, "Dynamic has now firmly positioned itself in the high-growth biometrics ID Management sector and I am confident that the addition of Evermedia Biometrics will add tremendous value to Dynamic and its shareholders."

About Evermedia Biometrics

Evermedia Biometrics Corporation develops iris recognition applications using proprietary, patent-protected biometric technologies. The Company develops highly accurate physical access control and ID management solutions. It holds exclusive worldwide rights to license and develop iris recognition technologies and has two U.S. and four international patents.

Biometrics Industry

As reported by Washington Technology, within the public and private sectors, spending on biometrics technologies will more than double to $7.3 billion globally by 2013, up from $3 billion in 2008, according to London-based ABI Research.

With global and domestic events involving security, homeland defense, political and social issues, the need for highly accurate yet non-invasive individual identification technologies has never been greater.

The acceptance of iris-based biometrics as an ID management solution is booming. Below are a few applications currently implemented or under development in various industries.

--  Military: Security Access, Enemy Combatant Identification
--  Airport Security: Quick Check-in, Passport Validation, Access Control
--  Banking: Payment Validation and Authorization
--  E-commerce: Online Transaction Validation
    

About Dynamic Media Holdings, Inc.

Dynamic Media Holdings, Inc. will continue to aggressively expand as it plans to introduce new products to the marketplace. In addition to its media and creative development divisions, the company is executing a strategy of using its core products to springboard and launch a diverse array of ancillary products thereby maximizing its product branding and potential. The current structure of Dynamic Media Holdings is: 790,000,000 authorized, 438,815,837 outstanding and the float is 288,582,679. Visit www.dymholdings.com for more information.

Forward-Looking Statements:

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

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