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Monday, 06/02/2008 9:09:47 AM

Monday, June 02, 2008 9:09:47 AM

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Ulysses Diversified Holdings Corporation Completes Tender Offer for SecureNetView
Monday June 2, 9:04 am ET


SecureNetView's Dr. Bob Beverly to Lead Ulysses Diversified Holdings Corporation's Online Security/Technology Business


JACKSONVILLE, NY--(MARKET WIRE)--Jun 2, 2008 -- Ulysses Diversified Holdings Corp. (Other OTC:UDHC.PK - News) today announced that it has completed its tender offer for SecureNetView, a leading provider of online security services. Ulysses Diversified Holdings Corporation's plans to acquire SecureNetView were originally announced April 03, 2008. SecureNetView will operate as a Ulysses Diversified Holdings Corporation subsidiary, with a dedicated operations center/research and development operation in Ft. Mohave, Arizona, with additional offices being created throughout the world.
"With our companies combined resources, we'll be uniquely qualified to offer customers what they've been telling us they want most, a strategy for meeting everything from their basic to most complex online security needs," said Clayton Young, President & CEO of Ulysses Diversified Holdings Corporation. "I'm incredibly excited to have the talented team from SecureNetView joining us."

Dr. Bob Beverly will transition from his role as SecureNetView President & CEO to become Ulysses President of SecureNetView subsidiary, reporting to Mr. Clayton Young President & CEO of Ulysses. Under Dr. Bob Beverly's leadership, SecureNetViews agenda will include the development of a comprehensive portfolio of online security offerings.

"We are pleased that this tender offer has been completed which will now enable the Company 'Ulysses Diversified Holdings Corporations Auditors' to begin the task of fully accounting all shares outstanding restricted and non restricted. It has been long believed by the Company and its advisors that there has been a serious discrepancy in its share structure created by a previously company issued stock dividend, and finally we will be able to determine the exact share count including all dividends paid by the company and its Transfer Agent and any unauthorized dividends paid. These actions will create the need for all benefactors or payers of any unauthorized dividend shares to correct their position immediately," said Clayton Young president & CEO.

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



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Source: Ulysses Diversified Holdings Corporation


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