April 11, 2008 12:38 ET

Ulysses Holding Corp. Will Change Its Name and Trading Symbol and Obtain New CUSIP Number

JACKSONVILLE, NY--(Marketwire - April 11, 2008) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that it will change its name, via corporate resolution with the Secretary of State of Delaware, immediately to Ulysses Diversified Holdings Corporation.

This action is being taken to accomplish two agendas one) to better reflect the corporate identity and its direction two) to obtain a new CUSIP number, as the company and its attorneys have tried to obtain a CUSIP number without any name or symbol change and this is just not possible.

"Our Attorneys have tried every way possible to obtain a new CUSIP number without changing the name or symbol; it just can not be done. We believe this CUSIP change is very important for the company as it is our belief that shorting of our securities is occurring and we want it stopped," said Clayton Young President.

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.