Omni Medical Holdings Secures Credit Line Financing

Business Wire, August 23, 2005

RAPID CITY, S.D. -- Omni Medical Holdings (OTCBB:ONMH), provider of turn key back office solutions for medical practitioners nationally, announced today that it had received financing from Alamo Capital Corporation. Alamo, based in San Antonio, Texas, provided a $500,000 line of credit to Omni based on its medical receivables.

Omni CEO Arthur Lyons said, "This line of financing will be a major benefit to the company, providing more consistent cash flow and allowing us better terms with our vendors. Our business continues to grow, so being able to finance that growth as it occurs is a major advantage for the company. Alamo Capital is to be commended for their guidance and very prompt action in providing this level of financial support for us."

This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional cord blood banking revenue streams. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.