Diversified Senior Services Loses Nasdaq Appeal, Will Trade Today On OTC Bulletin Board

Apr 20, 2001, 01:00 ET from Diversified Senior Services, Inc.

    WINSTON-SALEM, N.C., April 20 /PRNewswire Interactive News Release/ --
 Diversified Senior Services, Inc. (Nasdaq: DISS), manager and developer of
 residences for low and middle-income seniors, today said it had received
 notice from the Nasdaq Listing Qualifications Panel denying its appeal for
 continued listing on the Nasdaq SmallCap Market, and that its shares will be
 delisted from that market effective with the opening of the market this
 morning, April 20, 2001.  The company said its common stock will begin trading
 on the OTC Bulletin Board, also today, under its existing symbol, DISS.
 
     Certain of the matters discussed in this news release may constitute
 forward-looking statements within the meaning of the Private Securities Reform
 Act of 1995.  As such, these forward-looking statements may involve known and
 unknown risks and uncertainties and other factors that may cause the actual
 results, performance or achievements of the company to be materially different
 from any future results, performance or achievements expressed by such
 forward-looking statements.
 
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SOURCE Diversified Senior Services, Inc.
    WINSTON-SALEM, N.C., April 20 /PRNewswire Interactive News Release/ --
 Diversified Senior Services, Inc. (Nasdaq: DISS), manager and developer of
 residences for low and middle-income seniors, today said it had received
 notice from the Nasdaq Listing Qualifications Panel denying its appeal for
 continued listing on the Nasdaq SmallCap Market, and that its shares will be
 delisted from that market effective with the opening of the market this
 morning, April 20, 2001.  The company said its common stock will begin trading
 on the OTC Bulletin Board, also today, under its existing symbol, DISS.
 
     Certain of the matters discussed in this news release may constitute
 forward-looking statements within the meaning of the Private Securities Reform
 Act of 1995.  As such, these forward-looking statements may involve known and
 unknown risks and uncertainties and other factors that may cause the actual
 results, performance or achievements of the company to be materially different
 from any future results, performance or achievements expressed by such
 forward-looking statements.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X64555785
 
 SOURCE  Diversified Senior Services, Inc.