Omni Alliance Group Announces Acquisition

ORLANDO, Fla., April 3 -- Omni Alliance Group, Inc. is pleased to announce that the Company has completed its negotiations with EMTA Corp, Inc. and which resulted in EMTA Corp being acquired by Omni Alliance. Omni Alliance will change its name to EMTA Holdings, Inc., execute a reverse stock split of 233 old for 1 new share (rounding up all fractional Omni shareholders to a minimum of 10 shares) and begin trading utilizing the symbol EMHD within the next few days. In addition, all offices and directors of Omni Alliance have tendered their resignations and a new Board of Directors has been elected which includes Edmond L. Lonergan (President and CEO of EMTA Corp, Inc.), Edward A. Miller (President and CEO of DSI, Inc.) and Pat Choate (Director of the Manufacturing Policy Project -- a Washington based policy institute). Scott Spor, Omni Alliance's president states, "these were difficult negotiations but in the end, I believe that we have provided our shareholders the best opportunity to rebuild their shareholder value and to become involved with a high-tech energy conservation company."

  Additional announcements to follow.

  About Omni Alliance Group, Inc.

Omni Alliance Group, Inc. is a holding company currently engaged in the leisure lifestyle industries. The Company currently identifies opportunities in the Personal Electric Vehicle (PEV) industry, including manufacturing, distribution and sales; and the Luxury Motor Coach Industry (sales & leasing programs).

Safe Harbor:

This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of Omni Alliance Group, Inc. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission.