SOURCE: VitalCare Diabetes Treatment Centers Inc.

March 27, 2008 08:00 ET

Diversified Acquisitions, Inc. Acquires VitalCare Technology Enterprises

CARSON CITY, NV--(Marketwire - March 27, 2008) - Diversified Acquisitions, Inc., a Nevada corporation, today announced it has completed the acquisition of 100% of the shares of VitalCare Technology Enterprises of Carson City, Nevada, a private company devoted to Healthcare Services Management and Healthcare Sales and Marketing.

As part of the acquisition, VitalCare Technology Enterprises officers have assumed corresponding positions in Diversified Acquisitions, Inc., including Dr. Marc Rose as President, Jimmy A. McDougald as Chief Executive Officer and Chairman, Michael R. McCarthy as Chief Operating Officer, Sandra H. Parker as Secretary and Vice President of Patient Services and Christopher LeClerc as Treasurer and Chief Financial Officer. Along with Mr. McDougald are Mr. Gregory Gilbert, Mr. Fred J. Villella and Dr. Bryn Henderson who were appointed to the Board of Directors. New management has changed the corporate name of Diversified Acquisitions, Inc. to "VitalCare Diabetes Treatment Centers, Inc. (PINKSHEETS: VDTI)."

About VitalCare Technology Enterprises

VitalCare Technology Enterprises is a company specializing in providing Administrative, Marketing, Business Development, Strategic Planning, Clinical Oversight and Clinical Management Services to the Diabetes Healthcare Sector, with an emphasis in bringing "Cutting Edge" medical devices and healthcare services direct to consumers, focusing on an emerging FDA approved, US and European Patented technology and treatment intervention for treating Type I and Type II Diabetes known as "Intracellular Activation Therapy (iCAT)."

Safe Harbor Statement: Forward-looking statements in this release with respect to Diversified Acquisitions, Inc.'s and VitalCare Technology Enterprises' business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Diversified Acquisition, Inc.'s or VitalCare Technology Enterprises' control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in Altadyne's filings with the Securities and Exchange Commission.

Contact Information

  • For Further Information Contact:

    VitalCare Diabetes Treatment Centers, Inc.
    Investor Relations:
    Office: 1.866.579.8287
    Office: 1.909.981.9192
    Fax: 1.909.931.1780