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Southridge Funds Facilitate Special Capital Distribution for Technest Shareholders
Date:1/19/2010

products and services, including Fund Management, Investment Banking, Merchant Banking, Wealth Management and Business Solutions.  For more information please visit www.southridgellc.com.

About Technest Holdings, Inc.

Technest Holdings, Inc. is a provider of: advanced remote sensor systems, intelligent surveillance and advanced 3D imaging technology solutions to the defense, homeland security and healthcare marketplaces. Technest is committed to setting next-generation imaging standards through the provision of innovative emerging technologies. Through strategic development, Technest focuses on the creation of dual-use technology and products with applications in healthcare as well as the fields of defense, civilian homeland security and law enforcement. For more information, please visit the company's website at http://www.technestinc.com.

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