CHICAGO--(BUSINESS WIRE)--Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) provides news on major contract developments. We are pleased to announce that JNS Power & Control Systems, Inc. has been awarded a contract in the amount of $148,000 for the expansion of the Mayfair Clinic. The Mayfair Clinic is part of the Swedish Covenant Hospital, a comprehensive healthcare facility providing health and wellness services to Chicago’s North and Northwest suburbs.
As everyone is aware, the current economy has negatively impacted the construction sector, forcing adaptation and requiring separation from the competition. With this in mind, JNS Power has been able to offer Swedish Covenant Hospital a very competitive number due to the fact they have the experience and expertise to install all of the electrical systems for this project. These systems include the new power distribution, lighting, data and communication packages, fire alarm life safety installation and temperature control wiring. This knowledge and ability whereby eliminates the need for multiple contractors and increases JNS Power’s profit margin.
“We are pleased with our growing progress this year and excited in our ability to expand into the healthcare sector, which seems immune to the economic slowdown other industries are experiencing,” said Jean Howe, President and Chief Executive Officer. “This large contract is substantial for our sales and as we venture out into new market areas, this competitive advantage will allow us to continue our company’s growth and keep positive profit margins intact. The knowledge and ability to install all of these electrical systems allows us to keep subcontractor costs to a minimum and provides us the ability to outbid our competition and provide exemplar continuity of service to our clients.”
This press release does not constitute an offer of any securities for sale. This press release contains certain 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 forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.