Wall Street Futures Featured Company Diamond Bay Holdings (OTC: DBHD)

Market Wire, February, 2005

Wall Street Futures, a leading source of news and information for the small-cap investor, continues its coverage of Diamond Bay Holdings, Inc. (OTC: DBHD).

DBHD is a global holding company with subsidiary operations in complementary industries that currently include telecommunications, luxury real estate, Internet marketing and career services. The company made two major announcements this week:

On Monday, DBHD's real estate subsidiary, Diamond Equity Estates, announced the launch of its Diamond Equity Club, a real property fractional ownership club for high-net-worth individuals. The company plans to capitalize on the fast-growing fractional ownership trend in the vacation property marketplace by offering access to luxurious vacation destinations focusing on a fuller resort experience in the most exotic locations around the world. Club members pay a fee to join and are entitled to specific usage privileges at the company's resort facilities, or they may take an ownership stake in selected Club properties.

On Wednesday, DBHD completed its acquisition of NetNetMarketing, Inc. in a 100 percent stock transaction. NetNetMarketing specializes in state-of-the-art Internet marketing and e-commerce services for clients looking to support the sale of business-to-business and business-to-consumer products across a variety of industries. Forrester Research expects the e-commerce industry to grow at a rate of 19 percent per year over the next five years, and DBHD feels that its latest acquisition will ideally position the company to profit from this growth while streamlining marketing expenditures across all of its subsidiaries.

Shares of DBHD closed Wednesday at $0.135, up $0.015 on the day. The company seems to be settling into a routine of ongoing news activity that could help fuel continued investor interest in this stock.

Wall Street Futures' other high-volume "stocks to watch" this week include: Cisco Systems (NASDAQ: CSCO), Sirius Satellite Radio (NASDAQ: SIRI), and Microsoft (NASDAQ: MSFT).

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