(BSNS WIRE) Diversified Technologies Group, Inc. Announces Expansion Into Mexico
Business Editors
DALLAS--(BUSINESS WIRE)--Sept. 6, 2000--Diversified Technologies Group, Inc. (OTC BB: DTGI) announced today that it has started the process to create a majority-owned subsidiary in Mexico. Diversified Technologies Group of Mexico (DTGIMX) will be based in the state of Quintana Roo in the Mayan Riviera region along the Caribbean Coast that includes Cancun, Playa del Carmen and Tulum.
This region of Mexico has enjoyed explosive growth over the last 5 years and plays host to over 4 million visitors on an annual basis. Recently, the economic growth committee in the region released its preliminary plan to build 3 new cities in the region, 2 train routes and an additional major highway to service the region. DTGIMX plans on focusing on Internet related opportunities including prepaid Internet access, wireless Internet access and E-Commerce platform hosting.
"We have chosen Mexico as our first stop in the global expansion of our business," said John Harris, President and CEO of Diversified Technologies Group, Inc. "With the pending deregulation of telecommunications and the favorable business climate, DTGI is intent on capitalizing on the outstanding revenue opportunities of this dynamic marketplace."
This news release includes forward-looking statements related to Diversified Technologies Group, Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Diversified Technologies Group, Inc.'s future results, see the company's filings with the Securities and Exchange Commission (the "Commission"). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations.
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CONTACT: Diversified Technologies Group, Inc. 972/774-4445 or Marketex Investor Relations Gary Swancey, 770/389-5645
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