February 10, 2010
Development Solidifies Diversified Global Holdings as a Rapidly Growing Holdings Company
Orlando, FL – Royal Style Design (OTCBB: RYSD) today announced that it has signed a Letter of Intent with Xerxis Consulting LLC. Currently Diversified Global Holdings owns a 92 percent controlling interest of Royal Style Design. The proposed acquisition of this American company further enhances Royal Style Design's strategic portfolio and proves the capabilities of its newly appointed executive team arranged through the acquisition of Diversified Global Holdings (DGH).
Under the terms of the Letter of Intent, the companies agree to negotiate the purchase of all the outstanding shares of Xerxis Consulting by Royal Style Design, and it details the conditions for the mutual exchange of information. Xerxis Consulting would be acquired by Royal Style Design within the next two months. DGH is currently seeking acquisitions and Xerxis would complement the DGH portfolio with added resources, labor and human resources (HR) expertise. The DGH portfolio is rapidly developing synergies that will redefine the global marketplace.
"If the companies can come to terms, all Diversified Global Holdings' subsidiaries will benefit from a greater ability to compete globally. Xerxis' just-in-time staffing will give DGH subsidiaries the ability to quickly adjust project size, scope and costs at any point during a project," said Richard Lloyd, CEO of Royal Style Design and Diversified Global Holdings. "Fast adaptation saves clients money."
Xerxis Consulting LLC, formerly known as Rademacher Consultancy GmbH, is a skilled labor, temporary employment agency. The company recently relocated its headquarters to Orlando, Fla., and has a database of over 1000 skilled workers. The company is experienced at delivering high quality, contractual employees anywhere in the world. Its database includes many skilled trades including hundreds of welders.
As a full-service HR company, Xerxis Consulting specializes in three areas of operation; global employment provider, international business consultant, and e-commerce solution developer. The company's management has extensive experience in the areas of contractual agreements, international contract negotiations, jurisdiction disputes, customs and cross-border relations and procedural disputes. Its present clients include, SIA Manana, Ostrovi, and Pepcom, the Polish company Abra, TML Service BV Netherlands, and the German personnel service provider, Flora Personnel Services GmbH & Co. KG. For additional information regarding Xerxis Consulting, visit Xerxis-consulting.com.
Royal Style Design is a custom tile and stone installation company. The company provides customized surface installation solutions for floors and walls using wood, glass, stone and ceramic tile in custom designed homes throughout central Florida. Diversified Global Holdings is a fast growing international holdings company with eleven innovative divisions and assets in Russia, Germany and the United States. For additional information regarding either company, visit RoyalStyleDesign.com or DiversifiedGlobalHoldings.com.
CONTACT:
Sydney Lynn
Umbrella PR
Orlando, FL 32807
PHONE. 561-251-3403
EMAIL: umbrella.flpr@gmail.com
800 N. Magnolia Avenue
Suite 105
Orlando, FL 32803
USA
Tel: 407-843-3344
Fax: 407-843-2344
www.dghold.com
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