EX-99
3
liberty99_1.txt
EXHIBIT 99.01 PRESS RELEASE DATED SEPTEMBER 18, 2006
PRESS RELEASE
FOR IMMEDIATE RELEASE...
LIBERTY DIVERSIFIED HOLDINGS, INC.
ANNOUNCES ACQUISITION OF NEW SUBSIDIARY AND TWO LICENSES
FOR NEW PACKAGING TECHNOLOGIES
ORANGE, CA SEPTEMBER 18, 2006
Liberty Diversified Holdings, Inc. (OTC Bulletin Board: LDHI) announced
today that it has acquired has acquired Innovative Packaging Technologies,
Inc. (IPTI) from Utek Corporation (AMEX & LSE-AIM: UTK). IPTI was
previously a wholly-owned subsidiary of Utek and is now a 100% wholly-owned
subsidiary of Liberty Diversified Holdings, Inc. The agreement also
includes the transfer of two separate licenses for innovative and
technologies with specialized application for the printing and packaging
industry.
IPTI contains two licenses for technologies developed by researchers at the
University of Arkansas. The first technology, "Edible Film", is an all-
natural, edible antimicrobial packaging film, which has been designed to
protect consumers against common food-borne illnesses caused by pathogens
such as Salmonella and E. coli. This unique technology can also be used in
the medical, medical instruments, electronics, computer and technology
products, and many other fields that require protective packaging.
IPTI also contains a license for a variable image packaging film that can
potentially double the viewable surface area of packaging products by
allowing the film to transmit two separate images. A change in the
perceived image is accomplished using a series of lenticular lenses to
compress areas of an original image and refract them at a specified angular
range, achieving a "flash" effect for customers traveling past the
products. The potential applications for this technology are virtually
limitless.
COMMENTARY
In response to this announcement Ron Touchard, CEO and Co-Chairman of
Liberty Diversified Holdings, Inc., stated the following, "We are very
enthusiastic about our acquisition of Innovative Packing Technologies, Inc.
We believe that IPTI's exciting new technologies will allow us to provide
new and more varied packaging products, both to our current customer base
and through our future subsidiaries. These new technologies, combined with
our aggressive acquisition plan, will help us to expand our market share at
a much faster pace than previously possible. These are exciting times in
the printing and packaging industry, and we believe that everyone should be
keeping a sharp eye on the current round of activity taking place,
especially in regards to mergers, acquisitions & the implementation of new
technologies".
Jennifer Willis, Manager of Technology Licensing at UTEK Corporation added,
"UTEK is pleased to consummate this technology transfer with Liberty
Diversified Holdings, Inc. and we look forward to continuing our efforts to
provide additional technology acquisition opportunities for their
consideration".
ABOUT UTEK CORPORATION
UTEK (Registered trademark) is a specialty finance company focused on
technology transfer. UTEK's services enable companies to acquire innovative
technologies from universities and research laboratories worldwide. UTEK
facilitates the identification and acquisition of external technologies for
clients in exchange for their equity securities. This unique process is
called U2B (Registered trademark). In addition, UTEK offers companies the
tools to search, analyze and manage university intellectual properties.
UTEK is a business development company with operations in the United
States, United Kingdom and Israel. For more information about UTEK, please
visit its website at www.utekcorp.com.
ABOUT LIBERTY DIVERSIFIED HOLDINGS, INC.
Liberty's new direction is focused on aggressive growth and diversification
through expansion of its current holdings as well as future acquisitions.
The LDHI business model is centered on increasing shareholder value through
multiple and diverse revenue streams. Liberty's core focus is in the $433
billion printing and packaging industry. The Company's assets include MCR
Printing and Packaging Corp, a 20-year-old company that provides high end
printing and packaging services to some of the world's largest companies,
including long term relationships with major corporations such as Tyco
Health Care, Mattel, SANYO, Leviton, Camelbak, Maxell and others. The
Company has a unique business model with little or no competition in a
large and growing international industry, and is rapidly expanding into
additional high demand, high-profit manufacturing areas.
For more information visit www.libertydiversifiedholdings.com or call (949)
376-4846.
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.

EX - 99 3 liberty99 _ 1 . txt EXHIBIT 99 . 01 PRESS RELEASE DATED SEPTEMBER 18 , 2006 PRESS RELEASE FOR IMMEDIATE RELEASE ... LIBERTY DIVERSIFIED HOLDINGS , INC . ANNOUNCES ACQUISITION OF NEW SUBSIDIARY AND TWO LICENSES FOR NEW PACKAGING TECHNOLOGIES ORANGE , CA SEPTEMBER 18 , 2006 Liberty Diversified Holdings , Inc . ( OTC Bulletin Board : LDHI ) announced today that it has acquired has acquired Innovative Packaging Technologies , Inc . ( IPTI ) from Utek Corporation ( AMEX & LSE - AIM : UTK ) . IPTI was previously a wholly - owned subsidiary of Utek and is now a 100 % wholly - owned subsidiary of Liberty Diversified Holdings , Inc . The agreement also includes the transfer of two separate licenses for innovative and technologies with specialized application for the printing and packaging industry . IPTI contains two licenses for technologies developed by researchers at the University of Arkansas . The first technology , " Edible Film " , is an all - natural , edible antimicrobial packaging film , which has been designed to protect consumers against common food - borne illnesses caused by pathogens such as Salmonella and E . coli . This unique technology can also be used in the medical , medical instruments , electronics , computer and technology products , and many other fields that require protective packaging . IPTI also contains a license for a variable image packaging film that can potentially double the viewable surface area of packaging products by allowing the film to transmit two separate images . A change in the perceived image is accomplished using a series of lenticular lenses to compress areas of an original image and refract them at a specified angular range , achieving a " flash " effect for customers traveling past the products . The potential applications for this technology are virtually limitless . COMMENTARY In response to this announcement Ron Touchard , CEO and Co - Chairman of Liberty Diversified Holdings , Inc . , stated the following , " We are very enthusiastic about our acquisition of Innovative Packing Technologies , Inc . We believe that IPTI 's exciting new technologies will allow us to provide new and more varied packaging products , both to our current customer base and through our future subsidiaries . These new technologies , combined with our aggressive acquisition plan , will help us to expand our market share at a much faster pace than previously possible . These are exciting times in the printing and packaging industry , and we believe that everyone should be keeping a sharp eye on the current round of activity taking place , especially in regards to mergers , acquisitions & the implementation of new technologies " . Jennifer Willis , Manager of Technology Licensing at UTEK Corporation added , " UTEK is pleased to consummate this technology transfer with Liberty Diversified Holdings , Inc . and we look forward to continuing our efforts to provide additional technology acquisition opportunities for their consideration " . ABOUT UTEK CORPORATION UTEK ( Registered trademark ) is a specialty finance company focused on technology transfer . UTEK 's services enable companies to acquire innovative technologies from universities and research laboratories worldwide . UTEK facilitates the identification and acquisition of external technologies for clients in exchange for their equity securities . This unique process is called U2B ( Registered trademark ) . In addition , UTEK offers companies the tools to search , analyze and manage university intellectual properties . UTEK is a business development company with operations in the United States , United Kingdom and Israel . For more information about UTEK , please visit its website at www.utekcorp.com . ABOUT LIBERTY DIVERSIFIED HOLDINGS , INC . Liberty ' s new direction is focused on aggressive growth and diversification through expansion of its current holdings as well as future acquisitions . The LDHI business model is centered on increasing shareholder value through multiple and diverse revenue streams . Liberty ' s core focus is in the $ 433 billion printing and packaging industry . The Company 's assets include MCR Printing and Packaging Corp , a 20 - year - old company that provides high end printing and packaging services to some of the world 's largest companies , including long term relationships with major corporations such as Tyco Health Care , Mattel , SANYO , Leviton , Camelbak , Maxell and others . The Company has a unique business model with little or no competition in a large and growing international industry , and is rapidly expanding into additional high demand , high - profit manufacturing areas . For more information visit www.libertydiversifiedholdings.com or call ( 949 ) 376 - 4846 . 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 .
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