American Diversified Holdings Corporation (ADHC) Announces Acquisition Roll-Up Strategy as Cloud Computing Industry Growth St...
November 19 2012 - 9:00AM
Marketwired
AMERICAN DIVERSIFIED HOLDINGS CORPORATION (PINKSHEETS: ADHC)
(http://www.americandiversifiedholdings.com/)
A recent report by Forrester Research called "Sizing the Cloud:"
indicates that the cloud computing industry is projected to grow
from $40 billion in 2010 to over $241 billion by 2020. This
increase will provide massive opportunities for emerging cloud
computing companies such as ADHC's Operating subsidiary, Rebel
Networks. The Company commented on this strategy saying, "We have
targeted several potential candidates to acquire in the cloud
computing space that would complement our existing business. The
industry projections continue to support our corporate objective in
building cloud computing operating business in the small to medium
size business market.
"Image customers today are trying to manage all sorts of cloud
services such as email, web portals, BlackBerry, mobile apps,
storage, etc. from multiple vendors with multiple passwords and
logins. Now Business Cloud Box can seamlessly integrate these cloud
services into a single control panel and the customer can select
which components they need and create custom bundles of services to
match their requirements."
Rebel Networks is a leading provider of outsourced Internet
infrastructure and related managed web solutions. Rebel Networks
services include the provision of managed dedicated servers,
unmanaged collocation services, domain names services, reseller
hosting & shared web hosting solutions with 100% server uptime
for your websites. Visit www.rebelnetworks.com today.
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 Email
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