SOURCE: Ulysses Diversified Holdings Corporation

May 15, 2008 01:07 ET

Ulysses Diversified Holdings Corp. Sets Final Tender Date for the Share Exchange With SecureNetView

JACKSONVILLE, NY--(Marketwire - May 15, 2008) - Ulysses Diversified Holdings Corp. (PINKSHEETS: UDHC) today announced that it has set a final date for all SecureNetView Shareholders to tender their shares.

The final tender date will be May 30, 2008 for all SecureNetView Shareholders to tender their shares, at that time all shares will be tabulated and new shares issued per the Ulysses/SecureNetView contract.

The company has set this final tender date as another step in gaining a complete accounting of its outstanding share count. As Ulysses Shareholders are aware the Company has already changed its cusip number, corporate name and trading symbol (to UDHC) as part of the ongoing accounting process of the Company's Securities.

SecureNetView Shareholders have already tendered a majority interest thus Ulysses already has control of SecureNetView, this process is intended to enable the company to complete its ongoing audits.

"As we move forward with the growth of our Company I have issued several directives regarding acquisitions and pending acquisitions to my attorneys and accountants pertaining to Company Shares, 'that they are the same as money and we will protect both in the interest of the Company and its Shareholders,'" said Clayton Young, President of UDHC.

Mr. Young also added, "As we move forward I am determined to know exactly where every share issued is and that they are accounted for, it is my intent to eliminate any shorting or other illegal activities regarding this Company's Securities and I believe we are zeroing in on it."

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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