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Ulysses Diversified Holdings Corporation: Ulysses Diversified Holdings Corporation Announces Pending Corporate Changes


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NEW YORK, NY--(Marketwire - October 15, 2009) - Ulysses Diversified Holdings Corporation (PINKSHEETS: [ UDHC ]) today announced certain pending corporate actions that will be occurring over the next several weeks.

The company will be taking the following actions that will be announced as they occur:

1) Electing a new President & CEO.

2) Unveiling its new business model.

3) Announcing completed/pending mergers, acquisitions and joint ventures.

There will be imminent and fundamental changes specifically designed to regain shareholder value and shareholder confidence while building a world class organization. The company is quite confident in its current plans moving forward and expects them to be well received by its shareholders, investors and the general public alike.

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.


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