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The Evermedia Group, Inc.: The Evermedia Group, Inc. Announces Completion of Name Change and New Trading Symbol

^{Published on 2009-03-27 06:02:24, Last Modified on 2009-03-27 06:03:10 - Market Wire}
 

NEW YORK, NY--(Marketwire - March 27, 2009) - The Evermedia Group, Inc. (PINKSHEETS: [ EVRM ]) is pleased to announce that it has completed filings for a corporate name change and has been issued a new trading symbol. Formally Dynamic Media Holdings, Inc., and now The Evermedia Group, Inc., the company is trading under the new symbol, EVRM.

The name change reaffirms the company's commitment to pursue viable solutions to enhance identity management and security. It also reflects the company's desire to expand its resources and capabilities beyond a single modality and incorporate iris recognition into complementary biometrics to create a more comprehensive ID management solution. "The challenge for the industry is to develop solutions that allow for the highest levels of accuracy, uniqueness and mobility," said Jonathan Sym, the CEO of Evermedia Biometrics Corporation. "It also requires us to be cognizant of individual privacy and cultural adoption issues that will have a significant impact on how successfully we can execute and manage emerging technologies. This is in addition to the issues of scalability, interoperability and cost effectiveness." Mr. Sym further notes that, "collaboration will be a key factor to the overall success of the biometrics industry" and that "Evermedia will continue to seek relationships with private and public partners to achieve that aim."

As announced in January, our collaboration with The Peter Kiewit Institute, one of the nation's leading academic institutions for information science, technology and engineering, establishes a strategic partnership to further biometrics research and development. This will allow Evermedia to advance working knowledge of biometrics and to further the development of effective multimodal biometric identification applications.

About Evermedia Biometrics

Evermedia Biometrics Corporation, a wholly owned subsidiary of The Evermedia Group, Inc., develops iris recognition applications using proprietary and patented technologies. The company uses these processes to create physical and logical access control solutions to service the ID management and security concerns of commercial and government enterprises.

Safe Harbor Statement:

Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.