Royal Style Design signs Letter of Intent with Xerxis Consulting, LLC.

02/10/2010

Royal Style Design signs Letter of Intent with Xerxis Consulting, LLC.

Development Solidifies Diversified Global Holdings as a Rapidly Growing Holdings Company

 
Royal Style Design signs Letter of Intent with Xerxis Consulting, LLC.
Royal Style Design signs Letter of Intent with Xerxis Consulting, LLC.
Royal Style Design signs Letter of Intent with Xerxis Consulting, LLC.

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.

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 the company and its business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of management and the statements are based on facts and factors as they are currently known.

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. Management undertakes 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. These statements may be identified by the use of forward looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or other similar terminology. These forward-looking statements are based on current expectations, assumptions, estimates and projections. While management believes these expectations, assumptions, estimates and projections are reasonable, such forward looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the company's control. These and other important factors may cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Some of the key factors that could cause actual results to differ from expectations include: ability to develop and sell advanced communications products and services, including unified communications and contact center solutions; ability to develop an indirect sales channel; economic conditions and the willingness of enterprises to make capital investments; the market for holdings companies and or the markets of subsidiaries; ability to remain competitive in the markets served; ability to manage our supply chain and logistics functions; the ability to protect intellectual property and avoid claims of infringement; ability to effectively integrate acquired businesses, including Tatnefteprovodstroy, into the company; ability to maintain adequate security over information systems; environmental, health and safety laws, regulations, costs and other liabilities; the ability to retain and attract key employees; risks relating to the transaction of business internationally; pension and post-retirement healthcare and life insurance liabilities; and liquidity and access to capital markets. Readers are cautioned that the foregoing list of important factors may not contain all of the material factors that are important. Management undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. 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.

CONTACT:
Sydney Lynn
Umbrella PR
Orlando, FL 32807
PHONE. 561-251-3403
EMAIL: umbrella.flpr@gmail.com

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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