Golden Valley Development, Inc. (OTC: GVDI), a Bakersfield-based intermediary finder of fresh produce and live animals for farmers and ranchers, announces a clarification regarding its web presence.

Through approximately June 2010, the Company had owned the domain name www.goldenvalleydevelopment.com. After four years of operating the website, and with none of its business operations generated through web traffic, the Company allowed the web address domain to lapse. That domain name was subsequently purchased by an unrelated party.

“We have no association with this other Golden Valley Development firm which currently owns and operates the goldenvalleydevelopment.com website, and are not even aware of who its management are, and have been unable to contact them,” said the Company’s president, Art Davis.

In addition, the Company’s management has become concerned that others might be using this website to create the false impression that the website has some affiliation with the Company. To be clear, the website www.goldenvalleydevelopment.com has no connection or relationship with the Company. Due to concerns over the possible confusion between this website and the Company, management has decided to issue this press release to clarify the matter. Additionally, management for the Company attempted to contact those responsible for the current website, but was unable to do so because the website publishes no contact information.

The Company wishes to publicly clarify that it has no web presence at this time. There are no websites which have been authorized by the Company or are official in any capacity. Plans are in place to restore a web presence in the future, and at such time, a new press release will be issued.

In addition, other updates regarding GVDI’s business are planned via press release as they occur.

About Golden Valley Development, Inc.

Golden Valley Development, Inc. is a publicly traded Bakersfield-based broker of fresh produce and live ranch and farm animals, acting as finder between ranchers and farmers.

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