Tuesday, September 22, 2009

NYMET Holdings Inc. (NYMH) Announces Engagement of Crowell & Moring LLP as Corporate Counsel

NEW YORK, NY -- 09/21/09 -- NYMET Holdings Inc. (PINKSHEETS: NYMH), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announces the Company has engaged Crowell & Moring LLP as Corporate Counsel.

Crowell & Moring LLP's corporate and securities practice is transaction-oriented, focusing on mergers and acquisitions, corporate finance, securities offerings, joint ventures, intellectual property arrangements and complex agreements of all kinds. Providing more than just corporate legal advice, pragmatic business judgment and creative problem solving underlies all of their work. With offices in Washington, DC, California, New York, London and Brussels, they provide seamless national and cross-border service.

Their Corporate Group represents large public corporations, privately held firms, private equity firms, emerging companies, and high net worth individuals in a wide range of industries. Their clients include major defense contractors, health care businesses, financial institutions, aviation companies, aerospace companies, pharmaceutical companies, telecom and technology companies, as well as entrepreneurs and trade associations.

Please visit www.crowell.com for more information about the firm.

NYMET President, Mark D. Klok, commented, "This engagement is indicative of our commitment to expanding and enhancing the necessary support team around our rapidly growing Company."

DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.

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