SOURCE: American Diversified Holdings Corporation

February 05, 2010 16:05 ET

American Diversified Holdings Announces New Value Based Business Initiatives

DEL MAR, CA--(Marketwire - February 5, 2010) - American Diversified Holdings Corporation (PINKSHEETS: ADHC) announces a new mission and strategy for the new decade. Citing "new opportunities" and "a new strategic direction," Chairman/CEO Ernest B. Remo announced the next era in American Diversified Holdings Corporation. "This 'era,' launched recently, will focus on acquisitions of companies whose operations are managed by proven revenue and earnings producers. We have been working closely with a new financial partner, new business consultants, and financial advisors since the 4th quarter of 2009 and have begun to assemble a portfolio of revenue producing companies backed by our new financial partner, The Praetorian Funds of the BVI," stated Mr. Remo.

All current and future candidates for acquisition will share certain qualities including: 1) operating executives with proven revenue growth track records, 2) participants in stable industries, 3) operations that have an immediate need of $3.0 - $5.0 million in capital for expansion purposes over the next 6 - 12 months. There are no geographic or industry limitations and ADHC will continue to pursue opportunities in the burgeoning stem cell industry.

Forward-Looking Statements:

This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. This press release in no way constitutes any recommendation regarding the securities of ADHC or its affiliates. Any person reading this release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of ADHC, and no inference has been made that this release contains all such information

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