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[QUOTE]Originally posted by tmanfromtexas: [QB] Interesting news. The acquired company is for real and is making money. Will that mean we will be making money??? Hope so. TMAN... Ulysses Holding Corp. Announces an Aggressive Significant Acquisition Tuesday February 5, 1:42 am ET FT. MOHAVE, AZ--(MARKET WIRE)--Feb 5, 2008 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) today announced it has reached an agreement to acquire a significant revenue-producing asset, SecureNetView: [URL=http://www.securenetview.com.]www.securenetview.com.[/URL] The Company has not or will not deviate from its original business plan of building a chain of retail optical stores; it has recognized a business opportunity within the online retail security arena. SecureNetView is a well established online security monitoring company of nursery schools and other important retail outlets. SecureNetView anticipates approximately $2,200,000 to $2,500,000 this year and with the technology involved, Ulysses Holding Corp. believes that the revenue can be doubled within the next year. Ulysses Holding Corp. will pay SecureNetView (a privately held company) restricted stock; the transaction will be in the form of a share swap, five shares of UHCR restricted common stock (for one year) for one share of SecureNetView's privately held shares. "We have reviewed this deal several times and even though it does not fit the company's total business plan of a chain of retail optical stores, we just could not pass on the terms and revenues it affords the company," said Clayton Young, President & CEO. Dr. Bob Beverley, President, said, "We are glad that after hours of negotiations (Pacific Time), we were able to reach an agreement, as it is my belief that SecureNetView will be able to reach its fullest potential as a part of the Ulysses Holding Corp. family and I am fully committed and excited about this deal." 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. Contact: Contact: Ulysses Holding Corp. Investor Relations Tel: 1-607-387-7353 Email Contact: Email Contact Website: http://www.ulyssesholding.com -------------------------------------------------------------------------------- Source: Ulysses Holding Corp. [/QB][/QUOTE]
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