SOURCE: Ulysses Holding Corp.

April 17, 2008 09:08 ET

Ulysses Holding Corp. Officially Changes Name and Obtains New Cusip Number

JACKSONVILLE, NY--(Marketwire - April 17, 2008) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that it has officially changed its name and cusip number and has now filed the appropriate required documents with NASDAQ for the issuance of a new trading symbol.

The new official corporate name is Ulysses Diversified Holdings Corporation and has been duly registered with the Secretary of State in Delaware; the company's new cusip number is 90403R104 with the company's new trading symbol pending issuance from NASDAQ.

The company based on advice from counsel has ordered a current NOBO list along with other actions to verify the rightful benefactors of the previously paid "dividend," counsel has also advised that any recipients and sales of non entitled dividend shares will be required to make good on the company's belief that they benefited from ill gotten gains.

"The company has long believed that its share price has been manipulated and suppressed by unscrupulous individuals and others involved in the trading process of its securities, and finally we will force the true value of our company, we are now fighting back on behalf of the company and its shareholders to rightfully have a share price that reflects the true value of our company," said Clayton Young, President & CEO.

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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