Diversified Industries Retains Talisman Venture Partners, Ltd.Business Editors/High-Tech Writers SIDNEY, British Columbia--(BUSINESS WIRE)--Nov. 19, 2003 Diversified Industries Ltd. ("Diversified" or the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE: DVS DVS Det Vill Säga (Swedish) DVS Descriptive Video Service DVS Dynamic Voltage Scaling DVS Driver and Vehicle Services (Minnesota) DVS Digital Video System DVS Digital Video Services ) today announced that Talisman Venture Partners, Ltd. ("Talisman") has been retained to provide investor relations Investor relations The process by which the corporation communicates with its investors. , public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and business development to the Company. Talisman, a marketing and communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. based in Vancouver and Victoria, BC, was founded by Nicholas Watters in 1999. Talisman has assisted several emerging companies in the start up stage as well as numerous Fortune 500 companies. Talisman's strong relationships and previous success in the Mining and Technology sectors in Canada expects to leverage their experience to broaden awareness of Diversified. "Diversified has engaged two Investor Relation firms, Talisman located in Vancouver, BC, and Working Capital Corporation located in Calgary, AB. We expect to expand on this strategy in the future by bringing on a third firm for the Ontario market. By having several IR firms representing the Company, we will reach a diverse group of investors, matching the shareholder base with Diversified's strategic goal of acquiring and commercializing a diverse portfolio of technologies. This will also allow each firm to concentrate their efforts in a more focused manner within a specific market," says Stephen Davis, President and Chief Executive Officer of Diversified. The agreement is on a month-to-month basis beginning November 15, 2003, and will remain in full force and effect unless terminated or modified, in writing, by the parties. In consideration for the services provided by Talisman, the company has agreed to pay a monthly retainer of $3,000 (plus GST GST abbr. Greenwich sidereal time GST (in Australia, New Zealand, and Canada) Goods and Services Tax ) and to cover other pre-approved expenses. In addition, the Company will issue 100,000 stock options to Talisman, at 70 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . These options will be issued according to TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. (the "Exchange") policies and according to the Company's stock option plan. The agreement is subject to approval by the Exchange and by Diversified's board of directors. "Every public company needs to communicate effectively with investors and potential customers to raise awareness for the achievements of the business," says Davis. "As CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , my energies are best focused on the development of the Company. Having an experienced partner like Talisman helping with investor communications allows our management team more time to focus on making the Company a success." Diversified is a product development and marketing company specializing in unique technologies and solutions that target a cross-section of industries. Our corporate strategy is to acquire, fund and aid in the commercialization of these unique technologies and products to provide long-term share appreciation. Diversified has successfully launched one technology and is in the process of acquiring three more. ON BEHALF OF THE BOARD OF DIRECTORS OF DIVERSIFIED INDUSTRIES LTD Bernard M. Beauchesne, Chief Financial Officer The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release. |
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