August 15, 2008 09:04 ET

SecureNetView Announces U.S. Navy Rear Admiral (Ret.) Joins Company as Director of Governmental Affairs

JACKSONVILLE, NY--(Marketwire - August 15, 2008) - SecureNetView, a wholly owned subsidiary of Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC), announced that Rear Admiral Paul J. Mulloy (Ret.) has been appointed to the position of Director of Governmental Affairs. His duties will include all interactions between Local, State and Federal Governments regarding SecurNetView's products and services.

Admiral Mulloy is a graduate of the U.S. Naval Academy at Annapolis and also holds a Masters Degree in Business Administration. His naval career consists of Naval operations in the Atlantic and Mediterranean seas as well as combat tours in the Korean and Vietnam wars. His last assignment was Director of Human Resources for the U.S. Navy where he expanded upon and enhanced programs for Family Services and Child Care Centers for the continued well being of service personal and their families.

In addition to Admiral Mulloy's stellar reputation, experience and service to our country, he brings to SecureNetView valuable relationships with all branches of Government and private industry alike that will enhance the company's visibility and accentuate the growth and viability of the company.

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.