SOURCE: Diversity Group International, Inc.

November 09, 2010 08:30 ET

Diversity Group International Today Announces the Addition of Two Strategic Executives to the Firm

MIAMI, FL--(Marketwire - November 9, 2010) -  Diversity Group International Inc. (PINKSHEETS: DGIN), is pleased to announce the successful addition of John Nemanic as a strategic advisor to the firm. "Mr. Nemanic's extensive background will be an invaluable resource to our team as we move ahead with our new business plan," says Kevin Bobryk, CEO of Diversity Group International.

Mr. Nemanic currently sits on the Board of Directors and chairs a number of board committees at Transgaming.com Inc., a developer of unique and proprietary software portability engines. Mr. Nemanic's career includes a variety of highly successful public ventures: Partner, Co-Founder and Corporate Director at GeeksForLess Inc., a software development and business processes outsourcer to North American and European Firms. Chairman and CEO at Hostopia.com Inc.; completing a successful IPO. He assisted with the creation, implementation and operation of Hostopia's "off-shoring" strategy. Hostopia was purchased by Deluxe Corporation for $124 million in August 2008. President and CEO at Internet Direct Canada Inc.; together with his partners, Mr. Nemanic grew the firm from less than $20,000 revenue, to over $40,000,000. Internet Direct became publicly traded in January 1999, and was acquired by Look Communications via a reverse takeover, November 1999. President and CEO at Tucows Inc.; a provider of back office and wholesale Internet services to web hosting and Internet providers. He collaborated with his partners to sell Tucows.com to an investment group in May 1999, for approximately $36 million USD. Tucows is now publicly traded on the American and Toronto Stock exchanges, Tucows Inc.

Diversity Group International Inc. also announces that its wholly owned subsidiary (Stonehenge Wealth Management) has signed an agreement with Mr. Raymond Diana to become the Company's Head Trader and Portfolio Strategist. "Mr. Diana's extensive experience provides a solid foundation for the firm's business growth," said Kevin Bobryk.

Raymond Diana will be Portfolio Specialist and market advisor for Stonehenge Wealth Management (SWM). Mr. Diana's career as a respected trader and investment specialist spans more than a quarter-century.

Prior to joining SWM, Mr. Diana served for 14 years as President and Consultant for Diana Capital Management, the Ridgefield, Connecticut firm he founded. As leader of Diana Capital Management, Mr. Diana managed discretionary accounts, specializing in FOREX, commodities, and fixed income trading. Here he developed important technical models and forward trading strategies for commodities, FOREX, and minor currencies. 

Earlier for nearly a decade, Mr. Diana served as Risk Manager/Derivatives Trader and Foreign Exchange Specialist for Greenwich Capital Markets in Greenwich, Connecticut. At Greenwich Capital, he was responsible for managing and trading proprietary capital in derivatives. In addition, he created and implemented futures and options strategies, directed yield curve risk management, and handled cash/futures derivatives arbitrage. Before joining Greenwich Capital, Mr. Diana served two years as Risk Manager for First Options of Chicago and worked with the Chicago Board of Options Exchange to establish fair and accurate regulatory requirements and matrices. Mr. Diana's career began in 1981, as a Short-Term Options Specialist for Dean Witter Reynolds, also in Chicago, Illinois.

Diversity Group International Inc. (DGI) is a Florida, USA Corporation headquartered in Miami, USA. DGI is a management holding company which seeks to acquire majority interests in startup to small investment management firms. DGI is currently traded under the symbol; DGIN.

FORWARD-LOOKING STATEMENT:

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.

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