CORRECTION - SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology
SIMI VALLEY, CA, May 21, 2008 (MARKET WIRE via COMTEX) -- In the news release, "SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology," issued earlier today by Ulysses Diversified Holdings Corp. (PINKSHEETS: UDHC), we are advised by the company that the ticker in the first paragraph should read "(PINKSHEETS: UDHC)" rather than "(PINKSHEETS: UHCR)" as originally issued. Numerous other changes were made as well. Complete corrected text follows.
SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to
Acquire Significant Proprietary Technology
SIMI VALLEY, CA -- May 21, 2008 -- Ulysses Diversified Holdings Corp.
(PINKSHEETS: UDHC) today announced that The Board of Directors of SecureNetView, a division of Ulysses Diversified Holdings Corp. ("The Company"), has agreed to acquire certain proprietary technology.
The Company has reached an agreement to acquire certain new technology that will enable SecureNetView clients to now view their subscriber services over their cell phones and PDAs; this technology has been developed by a former IBM engineer and will accentuate future services and sales by SecureNetView.
The company's mega advanced technology has now prompted Ulysess/SecureNetView to enter further negotiations for an acquisition of its entire operation as its other state of the art technology to view businesses, day care centers, homes and other needed surveillance requirements in today's world within the monitoring arena, fits SecureNetViews' business objectives.
SecureNetView and its engineers are extremely impressed with the technology that has been developed, so much so that SecureNetView has made a significant offer to acquire the entire company (AVS), a Southern California-based Company, and all of its patents and technology including its current engineer and staff intact immediately.
"The company is intent on building its businesses with the best opportunities
available and this is one of the best presented to the company in a while; the
company is especially interested in the former IBM engineer that has developed this technology," said Clayton Young, President & CEO.
Mr. Young also stated, "The company is extremely grateful to Dr. Bob Beverly for all his hard work in bringing this deal to the table, as without him and his
vast network within the industry none of this would be possible."