DEL MAR, Calif., April 7, 2011 (GLOBE NEWSWIRE) — Further to the Company news release of February 28, 2011, where among other things American Diversified Holdings Corporation (Pink Sheets:ADHC) ( www.americandiversifiedholdings.com ) announced that it has signed a letter of intent to acquire Mississauga, Ontario based cloud computing company Rebel Networks, ADHC is pleased to report that it has secured satisfactory financing to complete this merger. This facility will not only provide the equity funding necessary for the acquisition of Rebel Networks, but will also allow for the purchase of a number of other companies in the Cloud Computing arena considered attractive by both parties






