ADGI Announces Contract for Enhanced Services for Australia.

Business Editors

NEW YORK--(BUSINESS WIRE)--March 18, 2002

American Diversified Group, Inc. (OTCBB:ADGI), announced today that its wholly owned subsidiary, Global Transmedia Communications Corporation ("Global") has entered into a multi-million dollar program to provide its Enhanced Services to the continent of Australia.

This program will be accomplished in several steps. Step One was completed with the sale of the rights to use the ESP software. The next step will be the actual deployment of the Enhanced Services Program. This will be accomplished as a joint effort by Global with Global VoIP, Inc., and its local partners. The second step in the program will earn Global additional revenues for providing installation, maintenance and customer service training when each Enhanced Services Platform ("ESP") is deployed. The first ESP is expected to be fully operational during the second quarter 2002.

Additional discussions are underway which will allow Global to actively manage the operation of each ESP and provide the Australia partners with continuous product upgrades and features as soon as Global releases them to the market. The contract under negotiation will allow Global to receive a revenue share on every minute that passes through the ESP.

Australia is an ideal and advantageous location to initiate the deployment of Global's ESP in the Asian Pacific Rim. It is a highly industrialized country where sophisticated communication services are essential due to the great distances between commercial centers. Businesses will benefit greatly from the wide array of services provided by the ESP.

Future plans call first for the ESP services in Australian to be linked to other ESP systems as they are deployed in other countries, forming part of ADGI's Super IP Hub Structure. Once constructed, the Super Hub Structure will be capable of delivering ADGI's "Virtual Office" services, at below market rates, to every part of the world.

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement 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 (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.