SOURCE: Ulysses Diversified Holdings Corporation

October 21, 2009 04:33 ET

Ulysses Diversified Holdings Corporation Has Entered Firm Negotiations to Acquire Its First Asset

NEW YORK, NY--(Marketwire - October 21, 2009) - Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) today announced that it has entered into binding negotiations to acquire its first major acquisition under new management.

The asset (of which will not be disclosed at this point not to compromise negotiations) has an overall value of $7,500,000.

The asset comprises of a sequence of events with an end result of yearly revenue to the Company of several hundred thousand dollars per year.

New management is committed to achieving shareholder value and profitability thru extensive research of its investments and complete due diligence of those investments.

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
    (800) 402-8770