November 24, 2008 08:30 ET

Dynamic Media Holdings, Inc. Announces Business and Technology Development Plan

MANALAPAN, NJ--(Marketwire - November 24, 2008) - Dynamic Media Holdings, Inc. (PINKSHEETS: DYMH) is pleased to announce its business and technology development plan. With the recent acquisition of Evermedia Biometrics Corporation, the management team of Dynamic has been developing and executing an aggressive business model and plan as it continues its efforts to establish a strong presence and foothold in the biometrics sector.

The company also announces that it has signed a Letter of Intent to joint venture with a Pennsylvania-based technology and security company. This strategic partnership will strengthen the company's ability to provide services to large-scale biometrics projects as well as enhancing its core competencies and capabilities. A definitive joint venture agreement is expected to be finalized no later than December 15, 2008. Furthermore, the company has also entered into a teaming agreement with a defense contractor to provide biometric support services to federal agencies. Details of these exciting and potentially lucrative agreements are forthcoming. The company will soon release future research and development initiatives, revenue forecasts and key additions to the Board of Directors and Officers.

Focusing our initial biometric applications for military and government use, the company's management is encouraged that U.S. agencies and departments have dramatically increased their budgets over the past few years and reconfirmed their commitment for further biometrics research and development. Dynamic estimates that demand for enhanced security applications will continue to be very robust. Based on published data, governments around the world have made significant commitments to invest in biometric technologies.

"I am very excited about the business opportunities in our space as the industry continues to show aggressive expansion," says Jonathan Sym, the named CEO of Dynamic. "I expect our company to show sustainable growth as our expected revenue streams will be derived primarily from government funded initiatives and companies whose products and services are non-cyclical in nature. Based on our activities to date, I believe we will be earnings positive in Q2 of 2009."

Additionally, Dynamic Media Holdings, Inc. will change its name to Praetor Networks, Inc., to reflect its new direction into the technology sector. Details of recent developments, including a comprehensive company overview, an updated business and technology development plan will be available shortly for viewing on the company website.

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. The acceptance of iris-based biometrics as an ID management solution is rapidly expanding. Below are a few applications currently implemented or under development by the industry:

* 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

Visit www.evermediabiometrics.com for more information.

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. 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.