American Diversified Holdings Corporation Signs Letter of Intent to Acquire Cloud Computing Company Rebel Networks
February 28 2011 - 3:45PM
Ernest B. Remo, Chairman/CEO has today announced that American
Diversified Holdings Corporation (Pink Sheets:ADHC) has signed
Letter of Intent to acquire Mississauga, Ontario based Cloud
Computing Company Rebel Networks. Mr. Remo stated that, "The
acquisition of Rebel will provide ADHC a key component in the
development of a proprietary platform from which to launch and
manage its previously announced applications for the mobile health
care market. We are very excited about having the opportunity to
work with Rebel to assist in the development of this product."
ABOUT REBEL NETWORKS
Rebel Networks is a leading provider of
outsourced Internet infrastructure and related managed web
solutions. Rebel Networks services include the provision of self
managed and fully managed dedicated servers, unmanaged collocation
services, domain names services, Web Design, Application
Development, & shared web hosting solutions. Rebel Networks
deploys secure, scalable, high performance business solutions to
customers ranging from small, emerging businesses to large, and
enterprise corporations. For more information visit
www.REBELNETWORKS.com
ABOUT CLOUD COMPUTING
Cloud computing describes computation, software, data access,
and storage solutions that do not require end-user knowledge of the
physical location and configuration of the system that delivers the
services. Parallels to this concept can be drawn with the
electricity grid where end-users consume power resources without
any necessary understanding of the component devices in the grid
required to provide the service. Cloud computing is a natural
evolution of the widespread adoption of virtualization,
service-oriented architecture, autonomic and utility computing.
Details are abstracted from end-users, who no longer have need for
expertise in, or control over, the technology infrastructure "in
the cloud" that supports them. Cloud computing describes a new
supplement, consumption, and delivery model for services based on
Internet protocols, and it typically involves provisioning of
dynamically scalable and often virtualized resources. It is a
byproduct and consequence of the ease-of-access to remote computing
sites provided by the Internet. This frequently takes the form of
web-based tools or applications that users can access and use
through a web browser as if it were a program installed locally on
their own computer.
American Diversified Holdings Corporation (Pink Sheets:ADHC) is
a publicly traded Company headquartered in Del Mar, California.
ADHC is developing a unique software platform for the Mobile Health
Care Market as the medical profession gears up to go electronic for
Electronic Health Records (EHR) and also for direct patient
monitoring and information. ADHC's EHR and mHealth.
Divisions will focus on Mobile Health Care Applications for
iPhone(TM), iPad(TM), Android(TM) and other Smartphone and Tablet
Mobile Devices. ADHC will be developing applications for the
iPhone, iPad, Android and Other Mobile Devices tailored for
specific ailments and protocols to allow medical professionals to
monitor patients, get instant feedback and constantly adjust
treatments to allow greater flexibility and response time in
meeting individual patient needs. Electronic Health Records is the
main focus of Federal Funding in the Hitech Act, and mHealth or
mobile Health is a term used for the practice of medical and public
health, supported by mobile devices. The term is most commonly used
in reference to using mobile communication devices, such as mobile
phones for Health Services and information. With the advent of
Smartphones, Tablet devices and the pervasiveness of broadband and
the internet, the future of Medical Care will be designing software
to connect these devices in a uniform and secure manner.
This press release contains forward looking statements pursuant
to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements include risks and
uncertainties that may cause the company's plans to change and are
in no way intended to guarantee that the company will be successful
in executing its plans. American Diversified Holdings common stock
currently trades on the over-the-counter "Pink Sheets" under the
symbol ADHC. This press release in no way constitutes any
recommendation regarding the securities of ADHC or its affiliates.
Any person reading this press release is advised that this release
should be considered in the light of all facts and circumstances
regarding the business and financial condition and prospects of
ADHC, and no inference has been made that this release contains all
such information.
CONTACT: American Diversified Holdings Corporation
Investor Relations
1-647-426-1640
www.minamargroup.net/helpdesk
Investor Relations Department Inquiry
www.minamargroup.net (IR)
For (M&A) and Corporate Matters
www.minamargroup.com
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