CHOWCHILLA, Calif., July 22, 2004 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI), focused on the modular building industry with emphasis on the education market, is pleased to report its wholly owned subsidiaries Global Modular Inc. and MBS Construction, Inc. have increased their manufacturing and site construction workforce over the past three months by hiring 75 additional people.
The main purpose for the manpower increase is due to new sales contracts for "custom-type" projects resulting in a need for additional skilled tradesmen in the manufacturing plant, along with increased construction tradesmen for site installations and other modular related projects.
Global Diversified Industries, Inc. Chairman and CEO Phil Hamilton states, "These new hires reflect our additional business contract awards thus far in 2004, subsequently requiring the need for extra manpower to complete the site related portion of projects."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries, Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The company's work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the State.
About Equity Market Information Systems, Inc. (EMIS)
Global Diversified Industries Inc. has retained EMIS Inc. to organize and manage an Investor Awareness and Shareholder Communications Program on behalf of the company. Further information on GDVI including a Corporate Profile on the Company can be viewed at www.serioustraders.com.
Forward Looking Statements
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.