2009-11-10 11:03:04 -

Ulysses Diversified Holding Corporation (Pinksheets:UDHC) today announced that it has received notice from Green Mountain Financial of Valley Stream, Long Island confirming that a commitment from New England Financial of Waltham, Massachusetts will be provided. Total amount of such commitment is for $4 million dollars. Funding will be used for development of The Shoppes By WalMart in Vineland, New Jersey.

UDHC

will not be required to either provide guarantees or issue stock to secure such funding. The funding relies solely upon the merits and other points of the Shoppes By WalMart project.

UDHC has also been contacted by Capital Access, an investment banking Firm, as to providing funding for several Walgreen & CVS leases.

“Though financing in today’s economic climate is difficult, such is for projects that do not have certain fundamentals. Projects, which have excellent leasing prospects or excellent credit or both do not have the same issues and we are pleased to be in that position with our Shoppes at WalMart project,” said Mr. Weiss President & CEO Ulysses Diversified Holding Corporation


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.


Ulysses Diversified Holding CorporationNadia Serrano, 212-201-1670Administrative
AssistantFax: 212-501-2081 info@udhc.net : mailto:info@udhc.net