
Diversity Group International (DGI) Sells Controlling Interest to The Automotive Resource Network, Inc.
MIAMI, Aug. 23, 2011 /PRNewswire/ -- (PINKSHEETS: DGIN.PK) Diversity Group International has announced today that it has sold a controlling interest to The Automotive Resource Network, Inc. DGI anticipates that this bold step will mark the start of a fresh new direction for the Company.
"We recognize the negative impact the down turn in the economy has had on investors," says new CEO Kathy Roberton. "After careful consideration regarding the business model of DGI we realized a change was necessary. Therefore, we are excited to pursue the promising opportunities that The Automotive Resource Network offers us. The used automotive and service contract sector offers a unique opportunity for growth and expansion. The need continues to grow in what is already a 296 billion dollar industry."
About Diversity Group International, Inc.: Diversity Group International (DGI) is a U.S. based company listed under the symbol DGIN. DGI specializes in the development and delivery of insurance-related products and services in both the domestic (U.S.) and International markets.
About The Automotive Resource Network, Inc.: The Automotive Resource Network, Inc. offers a unique month to month vehicle service contract, roadside assistance products and Gas N Go Card direct to consumers through independent sales channels.
Cautionary Statement Regarding Forward-Looking Statements
Statements in this press release relating to Diversity Group International, Inc.'s future plans, expectations, beliefs, intentions and prospects are "forward-looking statements" and are subject to material risks and uncertainties. When used in this press release, the words "will," "future," "expect," "look forward to," similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Diversity Group International, Inc. (the "Company") that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this press release due to a number of risks and uncertainties. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur. All information set forth in this press release is current as of August 22, 2011. The Company undertakes no duty to update any statement in light of new information or future events unless required by law.
Contact:
Kathy Roberton
[email protected]
305-515-5610
SOURCE Diversity Group International
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