SOURCE: Ulysses Holding Inc.
December 05, 2007 09:03 ET
Ulysses Holding Corp. Secures Pertinent Domain Names for Its Business Operations
JACKSONVILLE, NY--(Marketwire - December 5, 2007) - Ulysses Holding Corp. (PINKSHEETS: UHCR)
today announced that it has secured the domain names of buyoptical.com and
westtownoptical.com as these names are essential to the company's online
presence and marketing strategy.
The first domain name secured was buyoptical.com, which will when completed
direct consumers to the company's online store. At this time the company in
its internet infancy will utilize an affiliate type strategy, meaning that
the company will offer eyewear from other larger online suppliers via
affiliate agreements and receive an 8% to 12% commission on all sales
generated from its website.
The second domain name that the company has secured is westtownoptical.com,
which will be utilized as an online presence for its first store (currently
they have no internet presence) the website is currently under construction
and is expected to be completed within the next week to two weeks.
"The company continues to add additional revenue producing ideas to its
business, and will continue to grow its website presence thru online sales
and discounts and money saving offers from manufactures thru its website as
to increase consumer loyalty, while building a strong online presence and
revenues," said Dawn Young V.P. of Operations.
About Ulysses Holding Corp.:
Ulysses Holding Corp. is a start-up retail optical holding company with an
aggressive plan towards rapid expansion and revenue growth within the next
12 months. The company will focus only on profitable outlets with an
average or better industry margins.
The current authorized shares are 12 Million. The 12 Million Authorized
Shares consist of 2,000,000 Preferred Shares (restricted for two years in
management's control with no conversion options to common) and 10,000,000
Common Shares.
About Island Associates:
Island Associates is a private investment group specializing in the retail
medical and optical sector. The group acts only as an investor and does not
participate in any day to day management of its investments.
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.