DRGI NEWS:
SARASOTA, Fla.--(BUSINESS WIRE)--July 19, 1999--Diversified Resources
Group, Inc., (NASDAQ OTCBB:"DRGI"), a Sarasota, Florida based holding company
announced today the "kick'off" of its national marketing campaign for the sale of
batteries through its wholly owned subsidiary, Cordless Power Corporation.
The campaign will include wholesale marketing to nationally recognized retail chains,
several of whom are presently evaluating the quality of the companies internationally
patented batteries, and the direct sale of batteries through our soon to be opened virtual
store - www.factorydirectbatteries.com.
"With the markets present and future technology and the consumers demand for
portability of these technologies, we are convinced that todays 14+ billion dollar
replacement battery market will grow tremendously over the next 5 years", said Mr.
Howard Davidsmeyer, Chairman of the Company. "We are well positioned to be an
integral part of this booming product opportunity", added Mr. Davidsmeyer.
Statements regarding the Company's expectations about new and exciting products,
future financial performance and other forward looking statements are subject to various
risks and uncertainties, including, without limitation, demand and acceptance of new and
exciting products, technological advances and product obsolescence, competitive
factors and the availability of capital to finance growth.
CONTACT:
Diversified Resources Group Inc, Sarasota
Carl Smith, III, 941/923-1949
Fax: 941/921-2821
KEYWORD: FLORIDA
BW0079 JUL 19,1999
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