Business News

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

Tuesday 14. October 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.”