February 04, 2008 11:09 ET

Ulysses Holding Corp. Announces Ex-Dividend Date for Share Dividend

JACKSONVILLE, NY--(Marketwire - February 4, 2008) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that the Ex-Dividend Date for the Share Dividend is Feb. 7, 2008.

The Company is addressing this issue as several shareholders have contacted the Company regarding this matter; to be eligible to receive the 1 for 1 Share Dividend you must have purchased shares no later than Feb. 7, 2008 thus after settlement (3 days not including holidays or weekends) to be a shareholder of record on Feb. 11, 2008. This will entitle you to the Dividend.

All Dividend Shares will be free trading and will be distributed on Feb. 29, 2008 by the Company's Transfer Agent. If any shareholder has further questions regarding this matter please feel free to contact your Broker or 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.