Victory Capital Holdings Corp. Completes Branded Affiliate Agreement With RingCentral, Inc.


BEVERLY HILLS, Calif., March 3, 2004 (PRIMEZONE)- - Victory Capital Holdings Corp. (OTCBB:VTYC) announced today that its wholly owned subsidiary, On Demand Communications Corp., has executed a Branded Affiliate Agreement with RingCentral, Inc., one of the foremost technology companies in the unified communications and enhanced messaging industry.

"The Branded Affiliate Agreement with RingCentral furthers On Demand's ability to offer what we feel is the most comprehensive and scalable unified communications platform. RingCentral's state-of-the-art technology enhances our capacity to offer our subscribers ease of use, comprehensive set-up wizards, and simplified web functionality," said Harold Gregg, CEO of Victory Capital Holdings Corp.

"RingCentral looks forward to this partnership with great anticipation," said Mark Ogne, Vice President of Marketing at RingCentral. "In working with On Demand Communications we found excellent synergy and view their understanding of industry segmentation to be a valuable complement to our products and services."

VICTORY CAPITAL HOLDINGS CORPORATION (VTYC) organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space.

RingCentral, Inc., based in San Mateo, CA, provides mobile professionals and growing businesses a plethora of advanced Internet telephony services, including its flagship RingCentral(tm) Communications Service. Third-party businesses can complement their core offerings, improve their customers' access experience and drive additional revenues through partnership and licensing with RingCentral. For more information, visit www.RingCentral.com.

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.



            

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