OPX Opteum Inc.

Opteum Inc. (NYSE:OPX) (�Opteum� or the �Company�), a real estate investment trust (�REIT�), today announced that it will provide an online Web simulcast of its first quarter 2007 earnings conference call on Friday, May 11, 2007. The Company will release results for the first quarter ended March 31, 2007, prior to the call. The live broadcast of Opteum's conference call will begin at 8:30�a.m. E.T. on May�11. 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 866-250-4375 or 303-262-2139, confirmation code: 11090145. About Opteum Opteum Inc. is a REIT that invests primarily in, but is 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). It attempts to earn returns on the spread between the yield on its assets and its costs, including the interest expense on the funds it borrows.