East Coast Diversified Corporation Files a Form 8-K Announcing Execution of a Securities Purchase Agreement

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This is a new phase for our business and it presents us with the opportunity expand our operations as a public company.

Miami, FL (PRWEB) January 8, 2010

East Coast Diversified Corporation (OTCBB: “ECDC”), a Nevada Corporation, (the “Company”) announces the filing of a Form 8-K with the SEC on January 6, 2010, disclosing that the Company’s principal shareholders, owners of a majority of the Company’s issued and outstanding shares, entered into a Securities Purchase Agreement with Mr. Kayode Aladesuyi, CEO of Atlanta-based EarthSearch Communications International Inc., a Delaware Corporation (“EarthSearch”) on December 18, 2009.

Prior to the closing of the Share Purchase Agreement, which the parties expect to occur during the first quarter of 2010, the Company will enter into a share exchange agreement with EarthSearch. Kayode Aladesuyi, CEO of EarthSearch, stated that “This is a new phase for our business and it presents us with the opportunity expand our operations as a public company.”

About East Coast Diversified Corporation:
On April 26, 2006, the Company acquired 100% of the issued and outstanding shares of common stock of Miami Renaissance Group, Inc. (“MRG”), a development stage company, engaged in the business of owning entertainment/nightclub facility in downtown Miami. In January 2008, the Company’s Board of Directors determined that MRG would not be able to generate any revenues for the foreseeable future and due to its illiquid stock; the Company would not be able to raise additional funds to further fund and develop the business of MRG. The Board of Directors also discussed various strategic options for MRG, including potential suitors, competition in its Miami market and other business matters. As a result, in April 2008, the Company filed a Definitive Schedule 14A disclosing that its shareholders had approved the divestiture of MRG. Effective September 30, 2009, the Company completed the divestiture of MRG, as a result of which the Company became a non-operating company.

About EarthSearch Communications International, Inc.:
EarthSearch offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and tag designs (“EarthSearch Products”). These products enable businesses worldwide to improve asset management, provide safety and security, increase productivity, and deliver real-time visibility of the supply chain through automation. EarthSearch has integrated RFID and GPS technology at the hardware level providing unique real-time applications for many business needs. EarthSearch provides RF and other wireless infrastructure, data-capture and mobile solution Products. When combined with our Global Transit ID Software solution clients can simplify deployment, lower operational costs, and improve return on investment.

For more Information: http://www.earthsearch.us
EarthSearch Communications International Inc.
120 Interstate North Parkway, Ste 445, Atlanta, GA 30339
1(866) 503-9316
http://www.earthsearch.us

Forward-Looking Statements
This release includes forward-looking statements. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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