CHOWCHILLA, Calif, July 26, 2004 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI), focused on the modular building industry with emphasis on the education market, is pleased to report that the company can now design, manufacture and deliver new modular construction buildings that provide the aesthetics of conventional (stick-built) construction, but at greatly reduced costs and faster completion times than traditional construction projects.
These types of modular structures are becoming more popular with architects, who in most cases perform the design criteria for a new school, for new school wing additions, etc. This type of construction renders a finished product that provides the aesthetics of conventional (stick-built) construction, and in many cases can also offer a more attractive "value-on-the-dollar" to schools due to Global's unique in-plant manufacturing process.
Global Diversified Industries, Inc. Chairman and CEO Phil Hamilton states, "We are continuing to invest in new design systems and product solutions that offer a wider range of modular building solutions to the California Education Sector, and which leverage our established expertise in design, manufacturing, installation and after-market support services. More school officials are expressing their desire for permanent-type buildings from their modular providers and we currently have several school districts who have started negotiations with our sales team for upcoming projects, one of them a complete new campus in Southern California with an estimated value of nearly $6 million".
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.
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.
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.