SOURCE: Deer Valley Corp.

April 29, 2011 16:26 ET

Deer Valley Corporation Incurs No Storm Damage and Expects to Resume Full Production May 2, 2011

TAMPA, FL--(Marketwire - Apr 29, 2011) - Deer Valley Corporation, ("Deer Valley" or the "Company") (OTCBB: DVLY) is advising its dealers, employees and shareholders that the Company's production plant in Guin, Alabama had sustained no damage as a result of the band of highly destructive tornados and severe thunderstorms that wreaked havoc in much of Alabama on Wednesday, April 27, 2011. Joel Logan, the president of the Company's primary operating subsidiary, Deer Valley Homebuilder, Inc., stated, "We were blessed not to have sustained any damage. Many people who are our close friends and neighbors have had homes and businesses destroyed. As of Thursday morning, we were without power, and wired phone and internet connectivity. As of Friday afternoon all utility services had been restored, and the Company expects to resume its full production schedule on Monday, May 2, 2011."

Forward-Looking-Statement: Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Deer Valley's results could differ materially from those contained in such statements. You can generally identify forward-looking statements through words and phrases such as "forecast," "seeking," "pursuing," "anticipate," "believe," "estimate," "expect," "intend," "plan," "budget," "project," "may be," "may continue," "may likely result," and similar expressions. Such forward-looking statements speak only as of the date of this release, and Deer Valley undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

About Deer Valley

Deer Valley is a growth-oriented manufactured home builder with headquarters in Tampa, Florida and operations in Guin, Alabama. The Company is dedicated to offering high quality homes that are delivered with a sense of warmth, friendliness, and personal pride. The Company also owns one idle plant in Sulligent, Alabama.

The corporate offices of Deer Valley Corporation are located at 3111 W. Dr. MLK Blvd., Tampa, Florida 33607

Additional information can be found at: http://www.deervalleyhb.com.

Contact Information

  • Contact Information:
    Deer Valley Corporation
    Tampa, Florida
    Charles G. Masters
    (813) 418-5250
    cmasters@tampabay.rr.com