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Ulysses Diversified Holdings Corporation Files for Patents Regarding Certain Unique Technology Developed
(Marketwire Via Acquire Media NewsEdge) JACKSONVILLE, NY, November 20 / MARKET WIRE/ --
Ulysses Diversified Holdings Corporation
(PINKSHEETS: UDHC) announced today that it has started the process of
patenting certain significant proprietary technology developed by the
company's research and development team.
The technology consists of a new video streaming system. The system will be
marketed as an ASP (Application Service Provider), providing video
streaming hardware that will broadcast live video via wireless cameras to
multiple clients simultaneously.
The system features a high quality 25 FPS progressive video feed that will
require a very low bandwidth, digital PTZ (Pan Tilt Zoom) operations and
minimal instillation requirements, with a 802.11 wireless camera.
SecureNetView has developed this (pending patent) system independent of any
outside sources, the company retained several patent attorneys to protect
its intellectual property.
The company estimates that it has spent on research, development and
perfecting this technology in excess of $2,800,000, this estimate does not
include other technology under research and development. The company will
announce further research and development advances as they are perfected.
All technology developed by employees and/or contracted individuals or
companies for Ulysses Diversified Holdings Corporation or its
subsidiaries/affiliates are and will remain the property of 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.
http://www.ulyssesholding.com
Contact:
Ulysses Diversified Holdings Corp.
Investor Relations
Tel: 1-607-387-7353
Website: www.ulyssesholding.com
Copyright ? 2008 Marketwire
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