***Global Diversified Industries, Inc. Wins $8 Million Contract in San Diego County
Wednesday October 26, 11:44 am ET
Projects More Than $20 Million in Revenues for Fiscal Year
CHOWCHILLA, CA--(MARKET WIRE)--Oct 26, 2005 -- Global Diversified Industries, Inc. (OTC BB:GDVI.OB - News), focused on the modular building industry with emphasis on the education market, said today that its wholly owned subsidiary, Global Modular, Inc. has won an $8 million contract to construct a number of single and two-story classrooms in the next 10 months, starting in December 2005, for one of the largest school districts in San Diego County, California.
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"These projects will utilize our Aurora designs, which have proven to be exceptionally popular," said Phil Hamilton, CEO. "We are pleased in the confidence that schools boards across the state are showing in our ability to provide classrooms cost effectively and within a minimum period of time compared to traditional construction. This helps solidify our projection that our revenues will top $20 million in the current fiscal year."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries, Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects currently being considered at school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
Contact:
For investor information contact:
Paul Knopick
949-707-5365
Email Contact
Source: Global Diversified Industries
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