SOURCE: Mica Capital Partners, LLC

October 27, 2005 11:50 ET News Spotlight-- Global Diversified Industries, Inc. Wins $8 Million Modular Building Contract, Announces Completion of $9 Million in Building Projects and Bidding on $30 Million in


NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Mica Capital Partners, LLC

SAN DIEGO, CA -- (MARKET WIRE) -- October 27, 2005 --'s "Featured Traders Alert" -- Global Diversified Industries, Inc. (OTC BB: GDVI), focused on the modular building industry with emphasis on the education market, has recently completed four major projects for school districts in Southern California with a total value of more than $9 million and has won an $8 million contract to construct a number of single and two-story classrooms in the next 10 months, starting in December 2005, for one of the largest school districts in San Diego County, California.

"These projects will utilize our Aurora designs, which have proven to be exceptionally popular," said Phil Hamilton, CEO of Global Diversified Industries. "We are pleased in the confidence that school boards across the state are showing in our ability to provide classrooms cost effectively and within a minimum period of time compared to traditional construction. This helps solidify our projection that our revenues will top $20 million in the current fiscal year."

Global Diversified Industries, Inc. Issues President's Letter to Stockholders


Why are we so bullish about our chances of continued success? As a stockholder, you should know that 73 percent of California classrooms are more than 25 years old and one million students here attend schools with bathrooms that don't work. It is estimated that nearly 1,000 California campuses are critically overcrowded, exceeding by 200 to 300 percent state density guidelines. California has the third most overcrowded schools in the nation and students simply don't do as well in such a facility, according to experts who have studied this crisis. That is why California is moving forward to solve this problem.

As a stockholder, you should be aware of our goals. These include:

--  Doubling revenues over the next two fiscal years, from $20 million
    projected for the 2006 fiscal year, to our goal of $40 million in 2007.
    The Company will also grow through strategic acquisitions both inside
    and outside California.
--  Achieving profits of $2 million in fiscal year 2006 and $4 million the
    following year.  We will add sales people as part of this effort.
--  Adding another assembly line, expanding the factory to increase plant
    production capacity, acquiring a larger facility for our MBS subsidiary
    and entering the commercial market with "New Generation Products."

I am very proud of what we have built in a short period of time and very pleased with my fellow stockholders who have remained loyal to our endeavors. We are working for you.


Phil Hamilton, Chairman and CEO
Global Diversified Industries, Inc.
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