SOURCE: Virtual Media Holdings Inc.

June 23, 2006 09:51 ET

Virtual Media Holdings, Inc. Featured at VigilantTrader.com

VANCOUVER, BC -- (MARKET WIRE) -- June 23, 2006 -- Virtual Media Holdings Inc. (OTCBB: VMHIF), is pleased to announce the company has been featured at VigilantTrader.com (www.vigilanttrader.com).

VigilantTrader.com (www.vigilanttrader.com) serves as a meeting place for investors and public companies. Vigilant Trader helps investors perform due diligence on the stocks they trade, own, or may be interested in acquiring through the use of their world-class financial site, which offers SEC Filings, Historical Quotes and other financial tools. This serves as the perfect spot for public companies to showcase their unique abilities to the investment community. It supplies public companies with the access and exposure to the investors they seek. This helps raise market awareness and obtains its companies the recognition they deserve.

Steve Gaspar, President of Virtual Media Holdings Inc., commented, "This is an exciting time for the shareholders of Virtual Media Holdings, and being featured at VigilantTrader.com will only further enhance our company's visibility in the investment community. It will allow our company to be introduced to the scores of investors who visit the www.vigilanttrader.com website on a daily basis."

About Virtual Media Holdings Inc.:

Virtual Media Holdings Inc. (OTCBB: VMHIF) is committed to changing the way merchants and consumers interact on the Internet. VMH has created a variety of Internet-based buyer/seller communities known as virtual marketplaces where VMH supplies a robust marketplace for traditional brick and mortar as well as other e-commerce companies to sell their media products. By partnering with VMH and using its unique e-commerce platform these companies achieve both increased web presence and increased revenues. VMH websites include www.DVDmarketplace.com and the soon to be unveiled http://VMHsales.com.

About VigilantTrader.com

VigilantTrader.com serves as a meeting place for investors and public companies. Vigilant Trader helps investors perform due diligence on the stocks they trade, own, or may be interested in acquiring through the use of their world-class financial site, which offers SEC Filings, Historical Quotes and other financial tools. This serves as the perfect spot for public companies to showcase their unique abilities to the investment community. It supplies public companies with the access and exposure to the investors they seek. This helps raise market awareness and obtains its companies the recognition they deserve.

Safe Harbor Act Notice:

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

For further information about the company go to: www.virtualmediaholdings.com or www.vigilanttrader.com.

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