DME Interactive Holdings, Inc. Announces Symbol Change and Reverse Split.

NEW YORK -- DME Interactive Holdings, Inc. (Pink Sheets Symbol: DGMF.PK) today announced that effective with the opening of trading on December 27, 2005: (i) its new trading symbol on the Pink Sheets LLC will be "DMHD.PK," and (ii) a reverse split of its common stock in a ratio of 1-for-100 will become effective.

As previously announced on October 11, 2005, at a special meeting of the Company's stockholders held on October 11, 2005, a majority of the Company's stockholders approved a reverse split of the Company's common stock in a ratio of 1-for-100.

Prior to the reverse split the Company had 27,064,666 shares of its common stock outstanding and after taking into account the 1-for-100 reverse split will have approximately 270,647 shares of its common stock outstanding.

Purpose of Reverse Stock Split

Our board of directors approved the proposal authorizing the reverse stock split for the following reasons:

--our board of directors believes a higher stock price may help generate investor interest in the company;

--our board of directors believes this action will attract additional investment in the company; and

--our board of directors believes this action is the next logical step in the process of restructuring the company to align our outstanding shares of capital stock with our existing financial condition and operations to provide an opportunity for potential realization of stockholder value, which is currently subject to the dilutive effects of our capital structure.

There are risks associated with the reverse stock split, including that the reverse stock split may not result in an increase in the per share price of our common stock or that any increase in the per share price of our common stock will not be sustained.

We cannot predict whether the reverse stock split will increase the market price for our common stock. The history of similar stock split combinations for companies in like circumstances is varied. There can be no assurance that:

--the market price per share of our common stock after the reverse stock split will rise in proportion to the reduction in the number of shares of our common stock outstanding before the reverse stock split, or the old shares; and

--the reverse stock split will result in a per share price that will attract brokers and investors who do not trade in lower priced stocks.

The market price of our common stock will also be based on our performance and other factors, some of which are unrelated to the number of shares outstanding. After the reverse stock split is effected, if the market price of our common stock declines, the percentage decline as an absolute number and as a percentage of our overall market capitalization may be greater than would occur in the absence of a reverse stock split. Furthermore, the liquidity of our common stock could be adversely affected by the reduced number of shares that would be outstanding after the reverse stock split.

Note on Forward-Looking Statements:

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. DME Interactive Holdings, Inc. undertakes no obligation to update publicly any forward-looking statements.