ADGI Announces Commencement of its Prepaid Calling Debit Platform.

HICKORY, N.C.--(BUSINESS WIRE)--Aug. 5, 1999--

American Diversified Group, Inc. (OTC BB:ADGI) announced today that GTCNetLink telecommunications services have commenced commercial operations for their prepaid calling debit platform - GTCNetLink Platinum Services.

ADGI is very excited about the launch of this new service. ADGI is confident that Platinum Services is adding an extremely new profitable addition to GTCNetLink service programs.

ADGI expects Platinum Services will attract many business users from small companies to large corporations. ADGI believes it provides business users not only with the highest quality overseas calling and faxing capabilities at low cost, but also has outstanding features that allow businesses to closely monitor and control their communication expenses.

Platinum Services are principally designed for business accounts. Small business calling accounts can start as low as $100.00 to accounts large enough to handle a multinational corporation's calling needs. The main features of the many included with the Platinum Services are lowest cost calling and faxing to worldwide destinations, the ability of subscribers in one country travelling outside of their country to utilize their accounts in other countries with GTCNetLink access availability. It also provides complete calling cost control per account and the ability to administer various calling accounts in larger businesses by simply being able to transfer funds from one account to another automatically through the system account access feature.

Platinum Services subscribers deposit funds into their Platinum Services accounts to create their balance. As calls are made, the costs are deducted from the account. At the time of each call, GTCNetLink informs the caller of the balance remaining in the account and provides the corporate subscriber with an administrative function to transfer funds between accounts as needed. Account balances can be recharged at anytime.

GTCNetLink has provided its distributors with 1,000 accounts to begin the services in Colombia. Sales of this Platinum Services accounts commence on the official roll out date, Monday, August 9th . ADGI has reason to believe small business accounts will commence with balances of between $100 to $250.00 and larger corporations will commence with balances in excess of $500.00 to permit the issuance of multiple accounts for different employees and departments within the same corporation.

ADGI is very pleased that the Platinum Services have been brought on line so quickly not only to benefit the GTCNetLink product launch in Colombia, but it will also be immediately available in Venezuela and the other GTCNetLink countries as they come on line in the network.

Certain statements in this release constitute forward-looking statements, which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financing and operating) or achievements to differ from future results, performance (financing or operating) or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the Company's SEC filings.