SOURCE: WMD Holdings Group, Inc.

April 19, 2007 08:00 ET

WMD Holdings Group Announces Strong First Quarter Results on Heels of Online Micro Lender Acquisition

HUNTINGTON BEACH, CA -- (MARKET WIRE) -- April 19, 2007 -- WMD Holdings Group Inc. (PINKSHEETS: WMDH) (Worldwide Media Development Holdings Group, Inc.) announced today the release of results for the first quarter ended March 31, 2007 on the heels of its recent acquisition of online micro loan company, Payday Advance Plus.

Under a board resolution adopted on March 25th, 2007, WMD Holdings Group delayed the announcement of the acquisition in March, pending financial and taxation filings, as well as a short notice offering for the micro loan company from an outside party, which has expired.

For the three month period ended March 31st, 2007, WMD Holding's net profit was $103,085 as compared to $5945 for the previous quarter. Revenues for the period were recognized from sales at retail financial centers, software and payday advances. The statements are available on under ticker symbol WMDH. The retail financial centers offer payday loans, check cashing, wireless sales, bill payments, money transfers and shipping and packaging.

"The addition of the online micro loan company, Payday Advance Plus, to WMD Holdings is in line with our strategy of complementary financial products adding immediate value to our shareholders and asset value. We anticipate a strong performance and significant growth in new markets through Payday Advance Plus' mature online presence," stated Lawson Pillay, WMD Holdings Group CEO.

The company plans to grow its online loan and payday advance presence with national marketing and advertising contracts. The company currently delivers its products via multiple websites ( on popular search engine portals, such as Yahoo and Google.

About WMD Holdings Group, Inc.

WMD Holdings Group, Inc. and its strategic partner companies develop turnkey solutions for financial and payment processing, prepaid services, telecommunications and interactive broadcasting networks. Distribution is conducted through a combination of company owned and operated locations and other independent sales organizations.

The new management team reflects a balance between decades of expertise, experience, business skills and strategic planning in the financial, telecommunications, technology and advertising industries. The diverse portfolio of people and products poises WMD Holdings for a successful future in multiple sectors.

The new management's allegiance to its shareholders is reflected by their actions taken during their brief tenure. To date the group's restructuring and focus on new markets, has resulted in creating a debt free company, with increased profitability on a quarterly basis. The result has been the growth of shareholder value as never experienced previously.

Management will continue to focus on profits, by a combination of further restructuring, the opening of newer markets and a series of synergistic mergers and acquisitions.

Safe Harbor Statement

The foregoing press release contains forward-looking statements. For this purpose any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "estimate," "continue," or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending on a variety of factors.

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