Nymet Holdings Inc. (fka NYMH)

[Double E]

Maybe this will help clear some confusion of what is connected to what............


SANTA ROSA BEACH, FL and OPP, AL--(MARKET WIRE)--Jun 25, 2007 -- Perihelion Global (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the Opp Industrial Board has unanimously approved a $20,000,000.00 USD bond inducement resolution for Investment Bank W.R. Taylor & Company, LLC (Member NASD; SIPC) to provide financing for Perihelion's Biofuel Refinery in Opp, Alabama.

Wesley L. Laird, Esq. of Laird, Baker & Blackstock, LLC, legal counsel for the Opp Industrial Board stated, "It has been many years since the last bond issue facilitated by the Opp Industrial Development Board. We are excited in Opp to have Perihelion Global committed to building a biofuel refinery here. The Board was unanimous in passing the inducement resolution and is eager for W.R. Taylor and Perihelion to move forward with this bond issue and begin construction."

W.R. Taylor & Company, LLC will be the principal underwriter of the bond and will finalize the closing and disbursement of the bond proceeds to Perihelion Global. The $20,000,000 USD tax-exempt industrial bond will be a non-dilutive financing event to Perihelion Global shareholders.

Perihelion Global Chairman, Chief Executive Officer and President John H. Beebe stated, "We are extremely pleased that the Opp Industrial Board gave unanimous consent of the bond inducement resolution to provide financing for our Biofuel Refinery. We believe that our Opp refinery is critically important for our company and our fellow citizens of America. Our refinery will concurrently help reduce our dependency on foreign sources of oil, provide for a cleaner environment and curb greenhouse gas emissions."

Michael R. Varley, Executive Vice President of Perihelion Global, stated, "The pieces to ensure our success continue to flow in a very positive direction. I am extremely pleased at the support shown to Perihelion Global by the Opp Industrial Board and I am looking forward to furthering our relations with the City of Opp, Alabama and W.R. Taylor & Company, LLC."

About W.R. Taylor & Company, LLC

W. R. Taylor & Company's investment banking division has developed specialized expertise in identifying environmentally related expenditures associated with industrial and commercial processing facilities that may qualify for tax-exempt industrial revenue bond financing. By virtue of its knowledge in the corporate finance markets, W. R. Taylor & Company has become a leader in providing bond financing services to agri-businesses and middle market industries.

As an investment banking boutique dedicated to the Industrial Revenue Bond and Note market, W. R. Taylor & Company specializes in developing transactions with capital requirements ranging from $1 million to $100 million.

For more information, visit: http://www.wrtayco.com/

About Perihelion Global:

Perihelion Global focuses on the acquisition, development and management of technologies and strategic commodity reserves in the energy, natural resource and advanced communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century in environments that are mission critical in the global marketplace. For more information, visit: www.perihelion.com

Caution Regarding Forward-Looking Statements

This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.

These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:


-- General economic conditions, either nationally or in our market area,
that are worse than expected;

-- regulatory and legislative actions or decisions that adversely affect our
business plans or operations;

-- price competition;

-- inflation and changes in the securities markets that adversely affect the
fair value of our operations; and

-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.



Contact:
Contacts:
John H. Beebe
Chairman, Chief Executive Officer & President
Perihelion Global
866-748-7610 (Toll Free) x 719
[e-mail]

Michael R. Varley
Vice Chairman, Executive Vice President
Perihelion Global
866-748-7610 (Toll Free) x 702
[e-mail]

Wesley L. Laird
Laird, Baker & Blackstock, LLC
501 N. Main Street
Opp, AL 36467
334-493-9716



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Source: Perihelion Global