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    ORANGE, Calif., Dec. 13 /PRNewswire-FirstCall/ Liberty Diversified
 Holdings, Inc. (Pink Sheets:   LDHG) announced yesterday that it has acquired
 100% of the assets of XND Technologies, Inc. (XND), an Arizona corporation,
 including all of its proprietary formulations, patents and trademarks, and
 its existing production and distribution systems. XND has been working to
 produce and distribute a line of nutrient-enhanced bottled water products
 that contain no calories, no carbohydrates, no colors and most importantly,
 no flavors other than pure water, and does this using a process that is
 more efficient and less costly than others currently in use. This concept
 is unique because no other producer adds organic nutrients without also
 adding masking flavors, colors or sweeteners. Now that these agreements are
 finalized, Liberty will immediately redirect its entire efforts to the
 premium bottled water industry and bringing to market a full line of
 nutrient-enhanced water products to compete with currently available
 products such as VitaminWater and SmartWater. Initial products are expected
 to include those enhanced to provide vitamin support for general health, a
 diet formulation for weight watchers, an immune booster, an energy and
 fitness drink, and others. Liberty is also in the final stages of
 negotiations for the acquisition of assets for a second water company, and
 a further announcement regarding that transaction is expected very soon.
 
     Liberty acquired the assets of XND in exchange for stock and no cash
 was involved in the acquisition. As a result of the transaction,
 controlling interest in Liberty has been passed to the stockholders of XND.
 Liberty will immediately apply for a name change to reflect its new
 direction in the bottled water business and Liberty's current officers and
 board will remain in place until the name change is complete and no later
 than December 31, 2007. Once the new name is in effect, Mr. Steve Nickolas,
 the current CEO and President of XND, will be appointed President, CEO and
 Chairman of the Board of the Company, and a new Board of Directors will be
 established. At that time, Mr. Ron Touchard and Dr. Michael Brown,
 Liberty's current CEO and President, respectively, will step down from
 their positions as officers and directors of the Company but will remain
 with the Company in other positions to be announced later.
 
     Incoming Chairman, President and CEO Steve Nickolas is a 30-year
 veteran of the beverage and bottled water industry who has worked as a
 beverage consultant and in a variety of management positions, including
 assignments at Anheuser-Busch, Nestles, Whitlock Packaging, Proctor &
 Gamble and Suntory. Mr. Nickolas opened the first bottled water company in
 Hawaii in 1980 and by 1990 had developed water companies around the world
 including Micronesia, Indonesia, the Philippines, Israel, Germany and
 several in the U.S. He later founded Apani Bottled Water Co., a new bottled
 water concept using small packaging PET bottles, which he grew to over $35
 million in annual sales. He is also the Founder and President/CEO of XND
 Technologies, Inc. Mr. Nickolas has a B.S. degree in Political Science and
 Economics from the Claremont Colleges and has completed postgraduate work
 at Claremont Graduate School and Cal Poly Pomona in Government and
 Psychology.
 
     Commentary
 
     In response to this announcement, Ronald C. Touchard, Chairman and CEO
 of Liberty Diversified Holdings, Inc., commented, "We are very pleased to
 announce to acquisition of the assets of XND Technologies, Inc. The
 structure of these acquisitions will integrate the assets of Liberty and
 XND into a single company, which we feel is a much better situation for us
 on the market place, and our new name and change of management signals our
 full commitment to our new corporate direction. We are also pleased to
 introduce our incoming Chairman and President/CEO, Mr. Steve Nickolas, who
 we believe has the ideal expertise and experience to lead the company to
 success as we become a major player in the premium bottled water industry.
 We are now moving ahead full steam to secure the necessary funding to scale
 up operations and we are more excited than we have ever been about both the
 near and long-term future of our company."
 
     Mr. Nickolas added, "This is a very exciting day for us. We have worked
 very hard at XND to develop an outstanding line of products and to position
 ourselves for rapid entry and expansion in large and fast-growing industry.
 The acquisitions of these companies' assets by Liberty Diversified
 Holdings, Inc. provide us with the best of all possible worlds. Our current
 management team will remain in place to see this vision through to
 completion, while Liberty's access to capital markets will allow us to move
 forward much more quickly than otherwise possible. Now that this
 integration is complete, we look forward to making many additional
 announcements in the very near future."
 
     For more information call (949) 376-4846 or visit
 www.libertydiversifiedholdings.com (a new website reflecting the company's
 new name will be released shortly).
 
     Caution Regarding Forward-Looking Statements: This press release
 includes forward-looking statements concerning the future performance of
 our business, its operations and its financial performance and condition,
 and also includes selected operating results presented without the context
 of accompanying financial results which are not yet available. These
 forward-looking statements include, among others, statements with respect
 to our objectives and strategies to achieve those objectives, as well as
 statements with respect to our beliefs, plans, expectations, anticipations,
 estimates or intentions. These forward-looking statements are based on our
 current expectations. We caution that all forward-looking information is
 inherently uncertain and actual results may differ materially from the
 assumptions, estimates or expectations reflected or contained in the
 forward-looking information, and that actual future performance will be
 affected by a number of factors, including economic conditions,
 technological change, the integration of acquisitions, regulatory change
 and competitive factors, many of which are beyond our control. Therefore,
 future events and results may vary significantly from what we currently
 foresee. We are under no obligation (and we expressly disclaim any such
 obligation) to update or alter the forward-looking statements whether as a
 result of new information, future events or otherwise.
 
 
 

SOURCE Liberty Diversified Holdings, Inc.