Health Outcomes Management, Inc. Announces Symbol Change

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, [phone]



Web site:  http://www.hudsonsecurities.com/ 

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