NEWS OUT ! DEAL DONE see below
Apr 08, 2008
FT. MOHAVE, AZ
MARKET WIRE
Ulysses Holding Corp. (PINKSHEETS: UHCR) completes acquisition
of SecureNetView, an online surveillance and monitoring services provider with
national and international clientele.
Ulysses has swapped 67,634,400 restricted shares (for one year) for 13,526,880
(100% of all outstanding shares) of SecureNetView.
SecureNetView is valued at $10 Million, and will become a wholly owned
subsidiary of Ulysses Holding Corp. The two companies will have estimated
combined revenue of $5.5 Million per year immediately.
Dr. Bob Beverly will continue as the President of SecureNetView and report to
the Board of Directors of Ulysses Holding Corp. and President & CEO Mr. Clayton
Young.
"There is enormous potential for growth of Ulysses Holding Corp. in leveraging
SecureNetView's state-of-the-art technology and management's knowledge in the
online surveillance and monitoring sector on a global basis," said Clayton
Young, President of Ulysses Holding Corp.
Mr. Young also stated, "Our first aggressive move will be to create a global
sales force and also instituting an aggressive marketing campaign to
significantly increase revenues per Dr. Bob Beverly's very accurate and
realistic growth projections."
"The acquisition is continuing evidence of SecureNetView's commitment to the
growth of its company and we could not be happier with Ulysses Holding Corp. as
the acquirer; we have in place an aggressive growth plan that will be initiated
immediately, increasing revenue to approximately $650,000.00 per month or more,"
said Dr. Bob Beverley, President of SecureNetView.
This press release does not constitute an offer of any securities for sale. This
press release contains certain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements involve certain risks and
uncertainties that could cause actual results to differ, including,
without limitation, the company's limited operating history and history
of losses, the inability to successfully obtain further funding, the inability
to raise capital on terms acceptable to the company, the inability to compete
effectively in the marketplace, the inability to complete the proposed
acquisition and such other risks that could cause the actual results to differ
materially from those contained in the company's projections or forward-looking
statements. All forward-looking statements in this press release are based
on information available to the company as of the date hereof, and the company
undertakes no obligation to update forward-looking statements to reflect events
or circumstances occurring after the date of this press release.
Contact: Ulysses Holding Corp. Investor Relations Tel: 1-607-387-7353 Website:
www.ulyssesholding.com
SOURCE: Ulysses Holding Corp.
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