Victory Capital Holdings Corp. Announces Strategic Marketing Alliance


LOS ANGELES, March 31, 2004 (PRIMEZONE) -- Victory Capital Holdings Corp. (OTCBB:VTYC) announced today that its subsidiary, OnDemand Communications Corp., has expanded a strategic marketing alliance with Holy Ghost Radio, one of the Internet's premier Christian radio stations airing continually through "Listen Live/365".

"Holy Ghost Radio's loyal listener base offers an exciting market for our unified communications products," said Harold Gregg, CEO of Victory Capital Holdings Corp. "We are very pleased to be able to offer OnDemand's various service plans to the more than 100,000 active daily listeners of Holy Ghost Radio. This marketing alliance will involve both radio and Internet advertising," added Mr. Gregg.

Mr. Jeffrey Hoffer, founder of Holy Ghost Radio commented, "We are pleased to offer the OnDemand suite of products to our dedicated listener base. We feel it is a quality product at a quality price that many of our listeners will find useful."

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.

HOLY GHOST RADIO (http://www.holyghostradio.com) is an evangelical ministry of Faith Mountain Pentecostal Church. Holy Ghost Radio plays gospel music that is consistent with apostolic doctrine; that is, music promoting intense worship and praise of Jesus, the message of salvation (repentance, baptism in Jesus name, receiving the Holy Ghost, and the oneness of God).

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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