SACRAMENTO, CA -- (Marketwire) -- 08/20/08 -- TidalWave Holdings, Inc. (PINKSHEETS: TWVH) today announced that the Board of Directors has appointed Mark Klok Chief Executive Officer of the company. Mr. Klok has over a decade of experience in investment banking, mergers and acquisitions, equity and debt structure and capitalization as a seasoned financial professional in the public market arena. His principal industry experience includes extensive work throughout the gold and precious metals mining, oil and gas, bio-technologies, and real estate industries. Companies that Mr. Klok has worked with include many listed on the OTC: BB, AIM and TSX markets, and he has served as an officer or director of various public companies.

In addition to focusing on Mergers and Acquisitions in the diversification of the company's holdings, Mr. Klok will also be identifying additional company management, assessing real estate targets, and integrating the divisional interests of the company through redundancy elimination and synergy maximization.

Safe Harbor for Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.