Veracity Management Global Ticker Symbol Changes After 73-for-1 Reverse Stock Split



    Veracity Management Global, Inc. (OTCBB: VCMG), a holding company
    for two subsidiaries, announced today that it has executed a 73-for-1
    reverse stock split effective today. As a result, the Company's stock
    ticker symbol is now "VCMG," changed from "VMGG."

    Michael Rideman, CEO of Veracity Management Global said, "This
    move is part of a strategy to list the company's common stock on a
    listed stock exchange. I expect our shareholders to see a strong
    performance by our Company and continued growth organically as well as
    through our planned acquisitions."

    As a result of the reverse split, the number of outstanding common
    shares of stock will decline to approximately 31,618,220 shares from
    2,308,130,047. Veracity's Board of Directors has approved, and
    stockholders owning 1,534,673,651 shares of the 2,692,670,338 shares
    of Veracity's common stock outstanding as of August 2, 2007, have
    consented in writing to the reverse split. Such approval and consent
    constitute the approval and consent of a majority of the total number
    of shares of outstanding Common Stock and are sufficient under Title
    8, Subchapter VII, Section 228 of the Delaware General Corporation
    Laws and Veracity's By-Laws to approve the action.

    Rideman concluded, "We are continuing with our growth plan both in
    the U.S. and internationally. The management team of Veracity
    continues to add new business to our books and is in continual
    discussion with potential new clients on a weekly basis. This should
    translate into a higher profile for Veracity Management Global on the
    international stage and provide our shareholders with greater revenues
    and earnings. Our company has achieved some major milestone, including
    moving from the pink sheets venue to the over the counter bulletin
    board with a growth strategy in place to move to a listed exchange.
    The management of the company has also positioned Veracity to have a
    profitable year with the potential to achieve a 100% revenue growth
    rate for the next two years, if not more."

    About Veracity Management Global, Inc.

    Veracity Management Global, Inc. is a holding company for a
    management consulting subsidiary, Veracity Management Group, Inc.,
    which specializes in assisting companies to transition, restructure
    and grow. VMG provides operational and strategic solutions through its
    multiple service and product lines that include staffing
    subcontracting services (i.e. recruiting), business continuity and
    resumption services, strategic planning services, regulatory
    compliance services, software development services, data management
    services, business intelligence development services, integration
    services, ERP (Enterprise Resource Planning systems) implementation,
    and infrastructure services.

    Safe Harbor Forward-Looking Statements

    Except for historical information contained herein, the statements
    in this release are forward-looking statements that are made pursuant
    to the safe harbor provision of the Private Securities Litigation
    Reform Act of 1995. The above information does not guarantee any
    successful closing of new business. No assurances can be given that
    any projections related to gross revenues or profit margins will be
    realized. Forward-looking statements involve known and unknown risks
    and uncertainties that may cause the companies' actual results in
    future periods to differ materially from forecasted results. Such
    risks and uncertainties include, but are not limited to, market
    conditions, competitive factors, the ability to successfully complete
    additional financings and other risks.