CHOWCHILLA, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (BULLETIN BOARD: GDVI) , focused on the modular building industry with emphasis on the education market (http://www.gdvi.net/) , today announced that in a public bidding process it won a contract with a Southern California School District which has "piggyback rights" that allows Global Diversified to sell its new Aurora product line to school districts throughout California in a much simpler manner, at a fixed price, that avoids lengthy public bidding.
"This is absolutely crucial for the continued growth of our Company. We are delighted with this success and believe it will result in significant new business for Global Diversified Industries," said Phil Hamilton, CEO.
"Our Aurora products are very popular for California school districts, and, combined with these new piggyback rights, we believe we are headed in the right direction for success for the Company and its shareholders," Global Diversified Industries CEO said.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
© 2006 PR Newswire
