InvestorsHub Logo
Followers 6
Posts 10651
Boards Moderated 1
Alias Born 02/03/2004

Re: None

Tuesday, 04/08/2008 5:02:30 AM

Tuesday, April 08, 2008 5:02:30 AM

Post# of 9378
UHCR Ulysses Holding Corp. Completes Acquisition of SecureNetView in Stock Swap Deal
Tuesday April 8, 1:49 am ET

FT. MOHAVE, AZ--(MARKET WIRE)--Apr 8, 2008 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) 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.

ADVERTISEMENT
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:

Contact:
Ulysses Holding Corp.
Investor Relations
Tel: 1-607-387-7353
Website: http://www.ulyssesholding.com


Source: Ulysses Holding Corp.



Disclaimer-my stocks are per the advice of my lucky eight ball, please seek your own professional consultant ......................................
"If you cannot treat your quest to get rich as a game, you will never be rich" (Felix Dennis)
-----------

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.