Ulysses Diversified Holdings Corporation Releases News on Major Contract with Local Hospital
October 31 2011 - 10:36AM
Business Wire
Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC)
provides news on major contract developments. We are pleased to
announce that JNS Power & Control Systems, Inc. has been
awarded a contract in the amount of $148,000 for the expansion of
the Mayfair Clinic. The Mayfair Clinic is part of the Swedish
Covenant Hospital, a comprehensive healthcare facility providing
health and wellness services to Chicago’s North and Northwest
suburbs.
As everyone is aware, the current economy has negatively
impacted the construction sector, forcing adaptation and requiring
separation from the competition. With this in mind, JNS Power has
been able to offer Swedish Covenant Hospital a very competitive
number due to the fact they have the experience and expertise to
install all of the electrical systems for this project. These
systems include the new power distribution, lighting, data and
communication packages, fire alarm life safety installation and
temperature control wiring. This knowledge and ability whereby
eliminates the need for multiple contractors and increases JNS
Power’s profit margin.
“We are pleased with our growing progress this year and excited
in our ability to expand into the healthcare sector, which seems
immune to the economic slowdown other industries are experiencing,”
said Jean Howe, President and Chief Executive Officer. “This large
contract is substantial for our sales and as we venture out into
new market areas, this competitive advantage will allow us to
continue our company’s growth and keep positive profit margins
intact. The knowledge and ability to install all of these
electrical systems allows us to keep subcontractor costs to a
minimum and provides us the ability to outbid our competition and
provide exemplar continuity of service to our clients.”
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. 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.