Victory Capital Holdings Provides Further Audit Update


LOS ANGELES, Dec. 13, 2004 (PRIMEZONE) -- Victory Capital Holdings Corporation (OTCBB:VTYCE) announced today that as per the November 29, 2004 announcement, it is in the final stages of completing its 3rd Quarter 2004 audit. Company's management is confident that upon final legal review, the Company will be compliant and maintain its Bulletin Board listing.

"We value our shareholders support and wish to keep them informed with correct and factual information about our company. Per Victory's legal and accounting team, filing the 3rd quarter information on or before December 29, 2004, keeps the company within the time frame to maintain our Bulletin Board listing. Our goal is to have Victory's legal and accounting team render final approval within the coming week. We are confident that our loyal shareholders will continue their support while we complete the 3rd Quarter report and continue to roll on through the 4th Quarter," stated Jon Fullenkamp, CEO of Victory Capital.

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.

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.


            

Contact Data