Health Outcomes Management, Inc. Announces Symbol Change JERSEY CITY, N.J., July 22 /PRNewswire-FirstCall/ -- Health Outcomes Management, Inc. (OTC:HOMIE) (BULLETIN BOARD: HOMIE) -- We have been notified by the NASD that effective with the opening of trading on July 22, 2005, the symbol for our common stock will be changed from "HOMI.OB" to "HOMIE.OB". The "E" has been added to our symbol as a result of our inclusion of the unaudited financial statements of Hudson Securities, Inc. for the fiscal year ended March 31, 2004 ("2004 Financial Statements") in our Form 8-K/A filing with the Securities and Exchange Commission (SEC) on July 18, 2005 ("Form 8K/A"). We have engaged our current independent auditors, Eisner LLP, to audit the 2004 Financial Statements. We expect that Eisner LLP will complete their audit of the 2004 Financial Statements within the next three (3) weeks, at which time we expect to file an amendment to the Form 8-K/A to include the audited financial statements of Hudson Securities, Inc. for the fiscal year ended March 31, 2004. In connection with the audit of the 2004 Financial Statements by Eisner LLP we may be required to make certain adjustments to the 2004 Financial Statements, however, we believe that any such adjustments to the 2004 Financial Statements will not be material. About Health Outcomes Management, Inc.: Health Outcomes Management, Inc. owns 100% of the issued and outstanding capital stock of Hudson Securities, Inc. ("Hudson"), which represents all of its operations. Hudson is a registered broker-dealer with the National Association of Securities Dealers, Inc. and SIPC. Hudson is a leading OTC market maker, making markets in approximately 5,000 securities, Hudson currently has 76 employees, 63 of which are position and sales traders. Note on Forward-Looking Statements: Statements contained in this press release, which are not historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Health Outcomes undertakes no obligation to update publicly any forward-looking statements. DATASOURCE: Health Outcomes Management, Inc.; Hudson Securities, Inc. CONTACT: William Ryder, General Counsel, +1-201-216-0100 Web site: http://www.hudsonsecurities.com/

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