Opteum Inc. to Broadcast Year-End Conference Call Live on the Internet

Opteum Inc. (NYSE:OPX) (formerly Bimini Mortgage
Management)(NYSE:BMM), a real estate investment trust (REIT) that
invests in residential mortgage-related securities and originates
loans through its taxable REIT subsidiary, Opteum Financial Services,
today announced that it will provide an online Web simulcast of its
year-end 2005 earnings conference call on Friday, February 24, 2006.
The Company will release results for the fourth quarter and year ended
December 31, 2005, after the close of market trading on February 23,
2006.
   The live broadcast of Opteum's conference call will begin at 10:00
a.m. Eastern time on February 24. An online replay will be available
approximately two hours following the conclusion of the live broadcast
and will continue for 10 days. A link to these events will be
available at the Company's website www.opteum.com. Those persons
without Internet access may listen to the live call by dialing (800)
289-0726, confirmation code: 5524023.

   About Opteum Inc.

   Opteum Inc. operates an integrated investment and mortgage
origination platform. The Company's portfolio investments are
primarily in, but not limited to, residential mortgage-related
securities issued by the Federal National Mortgage Association (Fannie
Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) and the
Government National Mortgage Association (Ginnie Mae). The Company
earns returns on the spread between the yield on its mortgage related
assets and its costs, including the interest expense on the funds it
borrows. The Company has elected to be taxed as a REIT under the
Internal Revenue Code, which means the Company is not required to pay
federal income taxes on the REIT taxable earnings which are currently
distributed to its shareholders. The Company operates a mortgage
origination platform through its taxable REIT subsidiary, Opteum
Financial Services which offers a wide array of mortgage products
through its 29 retail mortgage origination branches and five wholesale
mortgage offices in the United States. Opteum Funding, the
subsidiary's correspondent lending channel, purchases closed loans
from mortgage bankers nationwide under flow and bulk acquisitions
primarily under Alt 'A' credit guidelines. The Company's website is
located at www.opteum.com.