The successful meeting signifies extensive revenue opportunities for DGHG subsidiaries in the United States and Russia.
Orlando, FL, July 14, 2011 - Diversified Global Holdings Group Inc. (OTCQB: DGHG), a rapidly growing international holding company, recently united the Orlando Regional Chamber of Commerce with the Novosibirsk Chamber of Commerce. The successful meeting signifies extensive revenue opportunities for DGHG subsidiaries in the United States and Russia.
In April the Novosibirsk government passed legislation increasing the construction budget 113%. This legislation committed 1.3 billion dollars to rebuilding the South East portion of Novosibirsk, Russia's third largest city.
The parties discussed methods of cooperation and concluded that Diversified Global Holdings Group possessed the existing infrastructure necessary to assist in the development of international operations with both agencies. Subsequent to the meeting, DGHG signed a Letter of Intent with Sibtechservis-N LLC, a construction company located in Novosibirsk that specializes in energy and infrastructure construction.
"We look forward to working with these agencies and have also signed a consulting agreement with Transpecstroy LLC, another construction company located in Novosibirsk," said Richard Lloyd, CEO of Diversified Global Holdings Group. "Russian construction has been a highly profitable sector for DGHG so far and we intend to capture a significant amount of Novosibirsk's 1.3 billion dollar construction budget."
About Orlando Regional Chamber of Commerce:
The Orlando Regional Chamber of Commerce is a "Five-Star Chamber" -- the highest level of achievement awarded by the U.S. Chamber of Commerce -- they are positioned to serve the growing needs of businesses and entrepreneurs throughout the Central Florida Region. Working together with Orlando, Inc., BusinessForce, Myregion.org and Leadership Orlando, the Central Florida Partnership is moving "Ideas to Results."
About Novosibirsk Chamber of Commerce:
The Novosibirsk Chamber of Commerce is comprised of large, medium and small businesses in the region of Novosibirsk and includes all major industries. The Chamber is continuously lobbying the interests of entrepreneurs and contributing to the development of socially significant and efficient industries. For additional information, visit eng.ngtpp.ru (http://eng.ngtpp.ru).
About Diversified Global Holdings Group Inc:
Diversified Global Holdings Group (OTCQB: DGHG) is a rapidly growing holdings company with strong subsidiaries worldwide. DGHG has proven M&A expertise and intends to continue its expansion in emerging markets by leveraging its 6 divisions into 12 major market sectors. For more information, visit DiversifiedGlobalHoldings.com (http://www.dghold.com).
Diversified Global Holdings Group Inc.
800 N. Magnolia Ave. # 105
Orlando, FL 32803
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.