Royal Style Design Signs Letter of Intent with Kuechen-Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh and Moves to a Larger Auditing Firm

12/18/2009

Royal Style Design Signs Letter of Intent with Kuechen-Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh and Moves to a Larger Auditing Firm

Royal Style Design Signs Letter of Intent with Kuechen-Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh and Moves to a Larger Auditing Firm
Royal Style Design Signs Letter of Intent with Kuechen-Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh and Moves to a Larger Auditing Firm
Royal Style Design Signs Letter of Intent with Kuechen-Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh and Moves to a Larger Auditing Firm

Orlando, FL - Royal Style Design, Inc. (OTCBB: RYSD) announced today that it has signed a Letter of Intent with three companies Kuechen Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh.  The company is also changing to a larger accounting firm capable of handling our international subsidiaries.

Kuechen Schilling GmbH is a German custom kitchen design and installation Company.  They offer a wide range of high quality, traditional and contemporary kitchen components which are custom assembled to order. 

Fregat Ltd is one of the largest suppliers of electronic components, electromechanical and automation devices in Russia. 

Bauelemente Kuhn Gmbh is a German construction company that supplies builders, developers, wholesalers and retail client’s economical solutions for both residential and commercial projects.

Under the terms of the Letter of Intent, the companies agree to negotiate the purchase of all the outstanding shares of Kuechen Schilling Gmbh, Fregat Ltd and Bauelemente Kuhn Gmbh by Royal Style Design and it details the conditions for the mutual exchange of information.

If the companies can come to terms, all three would be acquired in December.  Richard Lloyd CEO of Royal Style Design and Diversified Global Holdings said that the company is currently seeking acquisitions and thinks these companies would fit nicely into the company’s portfolio and integrate well with its current subsidiaries.

We are also changing our accounting firm to Madsen & Associates, which is a larger firm due to our increasing international exposure.  We had no problems with the previous firm but needed a larger firm to stay ahead of our upcoming growth.  The reports on the Company's financial statements did not contain any adverse opinions or disclaimer of opinion in audit scope or accounting principles during any period of time.

"Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: This press release contains 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) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release. Political and operational risks in the countries in which RYSD may operate and governmental regulation and judicial outcomes, and other risks detailed from time to time in RYSD's filings with the Securities and Exchange Commission, Copies of each filing may be obtained from RYSD or the S.E.C. or its web site at http://www.sec.gov.

For more information, contact:
Richard Lloyd
(407) 402-1022

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Diversified Global Holdings

800 N. Magnolia Avenue
Suite 105
Orlando, FL 32803
USA

Tel: 407-843-3344
Fax: 407-843-2344
www.dghold.com