SOURCE: Diversified Global Holdings Group, Inc.

Diversified Global Holdings Group, Inc.

June 21, 2011 09:15 ET

(DGHG) Diversified Global Holdings Group Signs Letter of Intent With Miralab

Russia Social Media Market Expected to Surpass $100 Billion Within Next 5 Years

ORLANDO, FL--(Marketwire - Jun 21, 2011) - Diversified Global Holdings Group, Inc. (OTCQB: DGHG) announced today that it has signed a Letter of Intent with Miralab LLC. The acquisition of this Russian technology company would benefit Diversified Global Holdings Group's portfolio with entry into this year's hottest IPO sector.

Under the terms of the exclusive Letter of Intent, DGHG will negotiate the purchase of 51% of Miralab's outstanding equity within the next three months. The RBS Corporation, a leading internet technology company with over 8 million users, recently acquired a 30% stake in Miralab.

Financial predictions by FINAM, a leading investment company, indicate that in the next five years Search Engine Marketing (SEM) and Social Media Marketing (SMM) will grow 400% and 800%, respectively. "We intend to quickly expand into the Social Media Marketing sector," explained Richard Lloyd, CEO of Diversified Global Holdings Group. "After seeing the results of LinkedIn and Yandex, we expect great things to come from this technology venture."

About Miralab LLC.
Miralab was founded in 2008 under the name Promium.ru and is an internet marketing company headquartered in Moscow. Miralab provides SEO, SEM, SMM and web analytics and was ranked one of the top 15 SEO companies in Russia by SeoNews. For more information, visit miralab.ru (http://www.miralab.ru).

About Diversified Global Holdings Group, Inc.
Diversified Global Holdings Group (OTCQB: DGHG) is a rapidly growing holdings company with strong subsidiaries worldwide. Since inception DGHG has completed 11 acquisitions and proven its M&A strategy. DGHG intends to continue its expansion in emerging markets by leveraging its 5 divisions into 12 major market sectors. For more information, visit Diversified Global Holdings Group, Inc. (http://www.dghold.com).

Forward-Looking Statement: This press release may include 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 statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Contact Information

  • CONTACT:
    Richard Lloyd
    Diversified Global Holdings Group, Inc.
    800 N. Magnolia Ave. # 105
    Orlando, FL 32803
    PHONE. 407-843-3344
    FAX. 407-843-2344
    EMAIL. Email Contact
    www.dghold.com
    twitter.com/DGHOLD