SOURCE: Ulysses Diversified Holdings Corporation

April 29, 2008 09:02 ET

Ulysses Diversified Holdings Corp. to Accelerate Its SecureNetView Subsidiary Growth Plans and Revenues

JACKSONVILLE, NY--(Marketwire - April 29, 2008) - Ulysses Diversified Holdings Corp. (PINKSHEETS: UHCR) today announced that it will immediately accelerate its growth plans and revenues for its SecureNetView subsidiary through the licensing of its systems and technology.

Management will select qualified applicants to become Master Licensees in ten major eastern States, to start the applicants will need to demonstrate the financial resources, personal and time in business and either be in the security field and/or an electronic monitoring type operation.

The company has identified the first ten eastern States to start; they will be New York, New Jersey, Pennsylvania, Ohio, Boston, Connecticut, Maryland, Virginia, Delaware and Rhode Island.

SecureNetView has chosen these starting States as they are within Ulysses Diversified Holdings base of operations area. The Company will immediately embark on an aggressive marketing campaign in these States through trade publications, trade associations and marketing professionals to locate and sign up the new licensees immediately.

The Company's projections on average are One Million Dollars per year per State to SecureNetView in revenues in addition to existing current revenues.

"We have looked at several different methods to grow SecureNetView and this seems to be the fastest way to gain immediate growth, if all goes as anticipated we will then move into another ten States and continue the process until we achieve national coverage," said Clayton Young, President, Ulysses Diversified Holdings Corp.

Mr. Young also added, "We did not acquire SecureNetView to sit idle with a business as usual attitude, we want growth of revenues and clients on a fast track basis and that is what we aim to do."

This press release does not constitute an offer of any securities for sale. This press release contains certain 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 forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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