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EVRM The Evermedia Group Finalizes Agreement to Acquire Equity Stak
e in Defense Contracting Company ( Market Wire )
B: The Evermedia Group Finalizes Agreement to Acquire Equity Stake in Defense Co
ntracting Company ( Market Wire )

NEW YORK, NY, Jul 16, 2009 (MARKETWIRE via COMTEX) --
The officers and directors of The Evermedia Group, Inc. (PINKSHEETS:
EVRM) met last week to finalize the terms by which the Company will
acquire a forty percent equity position in STS Evermedia Corporation,
the holding company of the defense contractor System Technology
Solutions, Inc. (STS). This development follows a Letter of Intent
agreed to by all parties on May 16, 2009 which set forth general
plans to formalize the corporate association between Evermedia
Biometrics and STS.

Jonathan Sym, CEO of The Evermedia Group, indicated that "both
companies were incredibly excited to see this deal close and everyone
expects great opportunities to emerge soon. We also began
discussions to acquire an additional forty percent of the common
shares in the near future and it looks positive that we can come to a
mutually beneficial agreement to increase shareholder value for both
companies."

Richard Weitzel, CEO of System Technology Solutions, commented on the
acquisition saying, "Both Evermedia Biometrics and STS enjoy
valuable, highly specialized assets, and by consolidating certain
operational and contracting elements between the two companies, we
can maximize our strengths and expand our services.We are also
revising our initial revenue estimates as we predict much greater
opportunities in FY 2010. Details on this and other development are
forthcoming."

System Technology Solutions is a San Antonio, TX-based defense
contractor providing engineering, logistics, IT and security services
to government and large commercial enterprises. STS also provides
technical design, program management and security services globally.
Currently, STS manages numerous contracts and task orders within the
Defense community; moreover, STS's teaming partnerships include
several Fortune 1000 companies.

Richard Weitzel received his Bachelors degree from the University of
Texas, Austin and his MBA from the University of Southern California.
He is a retired U.S. Air Force Lieutenant Colonel with 30 years of
experience in defense contracting, managing contracts during this
tenure with all U.S. military agencies, various Fortune 500 defense
contractors and several Department of Defense entities. Weitzel
possesses a Top Secret Clearance.
Contact:
For additional information:
Evermedia Biometrics Corporation
Email: [e-mail]
Visit: http://www.evermediagroup.com

SOURCE: The Evermedia Group, Inc.
mailto:[e-mail]
http://www.evermediagroup.com
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