SOURCE: Ulysses Diversified Holdings Corporation

October 19, 2009 09:12 ET

Ulysses Diversified Holdings Corporation Announces New President & CEO

NEW YORK, NY--(Marketwire - October 19, 2009) - Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) announced today that it now has a new President & CEO.

Mr. Raphael Weiss has acquired the controlling interest of Ulysses Diversified Holdings Corporation and has appointed himself as the new President & CEO.

Mr. Weiss maintains an impeccable reputation within the business community, especially throughout the States he has specifically conducted business in, including New York, New Jersey, Florida, Ohio, Massachusetts, Rhode Island and Michigan.

Mr. Weiss brings invaluable experience to the company along with a proven track record of building a solid base of assets thus creating investor value while creating a substantive financial impact for the company in the near and long term future.

Mr. Weiss would like to state "I have never had any business dealings directly or indirectly with Ulysses Diversified Holdings Corporation nor have I ever had any involvement as an officer or director of any publicly traded company during my entire career, my desire to acquire control of Ulysses and become the President & CEO is based upon my belief that I can offer a fresh perspective and creativity along with the ability to structure transactions that will create solid value for the company and its shareholders."

Mr. Weiss also stated he will be electing a new Board of Directors within the near future to assist in the building of the company.

Mr. Weiss (49) is married and the father of two children and currently resides in New York.

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. 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.

Contact Information

  • Contact:
    Ulysses Diversified Holdings Corporation
    Investor Relations Department
    www.ulyssesholdings.com
    (800) 402-8770