American Diversified Holdings Corporation Signs Letter of Intent to Acquire Cloud Computing Company Rebel Networks
DEL MAR, Calif., Feb. 28, 2011 (GLOBE NEWSWIRE) — Ernest B. Remo, Chairman/CEO has today announced that American Diversified Holdings Corporation (Pink Sheets:ADHC) has signed Letter of Intent to acquire Mississauga, Ontario based Cloud Computing Company Rebel Networks. Mr. Remo stated that, “The acquisition of Rebel will provide ADHC a key component in the development of a proprietary platform from which to launch and manage its previously announced applications for the mobile health care market. We are very excited about having the opportunity to work with Rebel to assist in the development of this product.”
ABOUT REBEL NETWORKS
Rebel Networks is a leading provider of outsourced Internet infrastructure and related managed web solutions. Rebel Networks services include the provision of self managed and fully managed dedicated servers, unmanaged collocation services, domain names services, Web Design, Application Development, & shared web hosting solutions. Rebel Networks deploys secure, scalable, high performance business solutions to customers ranging from small, emerging businesses to large, and enterprise corporations. For more information visit www.REBELNETWORKS.com
ABOUT CLOUD COMPUTING
Cloud computing describes computation, software, data access, and storage solutions that do not require end-user knowledge of the physical location and configuration of the system that delivers the services. Parallels to this concept can be drawn with the electricity grid where end-users consume power resources without any necessary understanding of the component devices in the grid required to provide the service. Cloud computing is a natural evolution of the widespread adoption of virtualization, service-oriented architecture, autonomic and utility computing. Details are abstracted from end-users, who no longer have need for expertise in, or control over, the technology infrastructure “in the cloud” that supports them. Cloud computing describes a new supplement, consumption, and delivery model for services based on Internet protocols, and it typically involves provisioning of dynamically scalable and often virtualized resources. It is a byproduct and consequence of the ease-of-access to remote computing sites provided by the Internet. This frequently takes the form of web-based tools or applications that users can access and use through a web browser as if it were a program installed locally on their own computer.
American Diversified Holdings Corporation (Pink Sheets:ADHC) is a publicly traded Company headquartered in Del Mar, California. ADHC is developing a unique software platform for the Mobile Health Care Market as the medical profession gears up to go electronic for Electronic Health Records (EHR) and also for direct patient monitoring and information. ADHC’s EHR and mHealth.
Divisions will focus on Mobile Health Care Applications for iPhone(TM), iPad(TM), Android(TM) and other Smartphone and Tablet Mobile Devices. ADHC will be developing applications for the iPhone, iPad, Android and Other Mobile Devices tailored for specific ailments and protocols to allow medical professionals to monitor patients, get instant feedback and constantly adjust treatments to allow greater flexibility and response time in meeting individual patient needs. Electronic Health Records is the main focus of Federal Funding in the Hitech Act, and mHealth or mobile Health is a term used for the practice of medical and public health, supported by mobile devices. The term is most commonly used in reference to using mobile communication devices, such as mobile phones for Health Services and information. With the advent of Smartphones, Tablet devices and the pervasiveness of broadband and the internet, the future of Medical Care will be designing software to connect these devices in a uniform and secure manner.
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.
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