Altrimega Health Corporation Signs Merger Agreement.

Business Editors & Health/Medical Writers

AMARILLO, Texas--(BUSINESS WIRE)--Aug. 19, 2002

Altrimega Health Corporation (OTCBB:AMHT) ("Altrimega") announced today that it entered into a definitive Merger Agreement on August 16, 2002 among Altrimega, Altrimega Acquisition Co. and Creative Holdings, Inc. a South Carolina corporation ("Creative") and the shareholders of Creative (the "Shareholders"). Pursuant to the Merger Agreement, Creative will be merged with and into Altrimega Acquisition Co., which will be the surviving corporation and continue it's corporate existence under the laws of the State of Nevada as a wholly-owned subsidiary of Altrimega.

In consideration of the merger, Altrimega will issue a total of 320,000,000 shares of the restricted common stock of Altrimega to the Shareholders in exchange for all of the common stock of Creative. At Closing, 20,000,000 shares of Altrimega's restricted common stock will be issued and delivered to the shareholders of Creative. The remaining 300,000,000 shares of Altrimega restricted common stock will be issued and delivered to the Shareholders upon consummation of the merger and the subsequent approval by a majority shareholder vote, authorizing an amendment to Altrimega's Articles of Incorporation, increasing the authorized common stock of Altrimega to 800,000,000 shares.

Creative Holdings, Inc. is a holding company for real estate ventures located in the Myrtle Beach, SC and Southern United States areas. At present, Creative is focused on a joint venture project in North Myrtle Beach known as the Barefoot Resort and Golf community. The Barefoot Resort project is built around four golf courses designed by well-known golf names Davis Love III, Greg Norman, Tom Fazio, and Pete Dye and includes plans for a Yacht Marina with 167 slips on the Atlantic Intercoastal waterway and a Town Center multi-use development for retail and residential construction. Creative is a party to a joint venture agreement that enables it to participate with a 49% interest in the Barefoot development.

Stockholders and other interested parties may direct their questions to:

mailto:[e-mail]

Information on the Barefoot Resort & Golf community can be found at:

www.bfresort.com or www.barefootgolf.com.

With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings.