TidalWave Holdings, Inc. Announces New Company President Ike Rahimi, DMD

Market Wire, August, 2008

TidalWave Holdings, Inc. (PINKSHEETS: TWVH) today announced that Ike Rahimi, DMD has been appointed the President of the company as well as to the Board of Directors. Mr. Rahimi earned his DMD from the University of Pennsylvania and his B.S. in Environmental Toxicology from the University of California at Davis. In addition to owning his own dental practice in Placerville, CA, Mr. Rahimi's business background includes experience in real estate and venture capital investments. Also, the company announced that all previous management has resigned. New management appointments will be released and updated at www.pinksheets.com and www.tidalwaveholdings.com . It is expected that a new CEO will be appointed in the near future.

Safe Harbor for Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.

Contact: TidalWave Holdings Investor Relations 415-848-9047 ir@tidalwaveholdings.com