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Wednesday, August 06, 2008 10:01:58 AM
JACKSONVILLE, NY, Aug 06, 2008 (MARKET WIRE via COMTEX) -- Ulysses Diversified
Holdings Corporation (PINKSHEETS: UDHC) today announced it has entered into
formal negotiations to supply a major national day care operator with one
thousand (1,000) plus locations.
The contract will consist of providing each of all one thousand plus locations
with SecureNetView's patented surveillance technology, this technology enables
parents to monitor their children at the day care centers from any cell phone,
computer or any other hand-held device.
The company estimates monthly revenue from this one client account will range
between $680,000 and $750,000 per month for an annual revenue flow of $8,160,000
to $9,000,000.
"We are very pleased to have this opportunity and believe that we are in the
final stretch of obtaining this very lucrative contract, I am confident that our
team will complete this deal by week's end," said Clayton Young, President.
Mr. Young also added, "Due to the sensitivity of the finalization of the
contract by both parties, the client will be announced upon the completion of
all executed contracts."
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 Diversified Holdings Corp.
Investor Relations
Tel: 1-607-387-7353
Website: www.ulyssesholding.com
SOURCE: Ulysses Diversified Holdings Corp.
CONTACT: http://www.ulyssesholding.com
Copyright 2008 Market Wire, All rights reserved.
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