Golden Valley Development, Inc. Announces Acquisition of Two Companies

Golden Valley Development, Inc. (OTC:GVDI) is pleased to announce that it has recently completed the acquisition of two new companies, each having a licensing agreement to manufacture and market a new patented technology.

First, Golden Valley has acquired Digit-Pro, a Florida company which has a licensing agreement to manufacture, market and distribute the patented “PercuGuard”TM, an FDA-approved protective device marketed to the health care industry, which protects the health care worker from accidental exposure to HIV, hepatitis and other blood-borne pathogens which can occur during the application of hypodermic needle injections into patients. PercuGuard is a sanitized, disposable, single-use product, which will be launched globally via a marketing campaign to medical boards, government regulators, hospital groups, insurance providers, and other health care product purchasers and participants.

Second, Golden Valley has acquired a Delaware corporation doing business as Cut Stop, which has a licensing agreement to manufacture, market and distribute the patented “Cut Stop”TM finger guard technology.

“Cut Stop” is a version of the PercuGuard technology, which has been modified for the home consumer market. Cut Stop guards the fingers from accidental cutting by knives and other sharp instruments in the home while cooking, cleaning, etc.

In connection with these two acquisitions, Management for Golden Valley has resigned and appointed new management personnel in their place.

Golden Valley’s new President, CEO, Secretary, Treasurer and Chairman of the Board of Directors is Kevin Sorrels, D.D.S., an inventor with over twenty years experience in the health care industry, having served over 4,000 patients through the course of his 15 year long preventive and general dentistry practice.

Golden Valley’s new Vice-President, COO and director, is Carter Ransom, a thirty-year veteran of international sales and business development, specializing in product and technology launches. Prior to Golden Valley, Mr. Ransom was most recently Vice-President of Global Strategic Alliances at Diskeeper Corporation, implementing software technology licensing programs with computer manufacturers throughout Asia and the United States. Before his work with Diskeeper, Mr. Ransom was involved with the successful start-ups of several emerging technology companies such as Digital Island, and spent 10 years in sales and operations management for Sony Business and Professional Group, launching numerous technology-driven Sony products and services.

“We’re very excited to take over the business of Golden Valley and add our new patented products,” said newly-appointed President and CEO, Kevin Sorrels. “We look forward to manufacturing and selling our Cut Stop and PercuGuard products to their respective markets and in so doing generating self-sustaining revenues for the company.”

Golden Valley’s new VP and COO, Carter Ransom, agreed, adding: “We consider Cut Stop and PercuGuard just the first two of what we hope will be a series of successfully-sold new patent-dependent products.”

The company’s new website is www.goldenvalleydev.com and its physical headquarters are located in Clearwater, Florida.

About Golden Valley Development, Inc.

Golden Valley Development, Inc. is a publicly-traded Clearwater, Florida-based manufacturer and marketer of patented products in the health care and home consumer markets, currently launching its first two products, “Cut Stop”TM and “PercuGuard”TM.

Forward-Looking Statements

Portions of this press release contain forward-looking statements and involve risks and uncertainties that could materially affect expected results of operations, liquidity, cash flows and business prospects.

Golden Valley Development (PK) (USOTC:GVDI)
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