Global Diversified Industries, Inc. Reports Preliminary Second- Quarter 2003 Results

Substantial Earnings With Increased Sales


CHOWCHILLA, Calif. Dec. 12, 2003 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI) is pleased to report preliminary results for second-quarter and six months ended October 31, 2003, and positioned themselves for potential increased sales in 2004 through dealer networks.

The Company expects to report second-quarter sales in excess of $1,700,000, which represents a 12% increase over previously reported second-quarter 2003 revenue. The Company also plans to report substantial earnings over their first-quarter results.

Phil Hamilton, Global chairman and chief executive officer, commented: "We are very pleased with our second-quarter results and attribute the positive results in part to the success of our modular division's involvement with fabrication of custom-type buildings which tend to generate higher revenues and profits."

"We are also excited about our sales model for 2004, which includes implementing dealer networks." Hamilton adds, the portable classroom/modular building dealer network in California utilizes at least 50% of the total structures placed on California school sites each year. This presents a major opportunity for our modular divisions since the dealers need a reputable source to purchase their classroom buildings.

The Company expects to report second-quarter results by December 19, 2003.

About Global Diversified Industries, Inc.

Global Diversified Industries, Inc. is a holding company controlling two wholly owned subsidiaries. For investor information contact Paul Knopick at 949-707-5365 or pknopick@eandecommunications.com.



            

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