SOURCE: Ulysses Holding Corp.

April 25, 2008 00:41 ET

Ulysses Holding Corp. Issues Instructions to the Company's Shareholders Regarding Share Certificate Exchange per the Transfer Agent

JACKSONVILLE, NY--(Marketwire - April 25, 2008) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that The Board of Directors of Ulysses Holding Corp. ("The Company") has already approved a name change and has filed/recorded it with The Secretary of State to Ulysses Diversified Holdings Corporation. The effective date will be May 8, 2008; this is the date when new certificates will be ready for exchange/surrender with the pay date the following day May 9, 2008.

Shareholders must exchange/surrender their old certificates if in your physical possession for a NEW CERTIFICATE reflecting the name change and New Cusip Number. If your share certificates are held in a brokerage account (Street Name CEDE) the exchange will be made electronically/automatically.

The Company's Transfer Agent "Corporate Stock Transfer" will be sending each Shareholder per the most current "NOBO LIST" a Letter of Transmittal to issue instructions for exchanging/surrendering your shares.

This notification is being issued as instructed by "Corporate Stock Transfer" as part of the share exchange/surrender process.

Shareholders may call The Company at 1-607-387-7353 regarding any further questions or concerns.

"The company apologizes to the Shareholders for any inconvenience this may cause, however we believe that this is crucial for the company to verify and account for all of its shares and extinguish any unauthorized shares," said Clayton Young, President & CEO.

Mr. Young also stated, "This has been a grueling process for the company and upon completion of the Share Exchange/Surrender the Company will be able to accurately correct the Shares Structure with its Transfer Agent and Update Pinksheets with a 100% accurate Share structure."

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.

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