Where Digital Solutions Converge
Global Digital Solutions, Inc.
777 South Flagler Dr., Suite 800 West Tower
West Palm Beach, FL 33401
GDSI CEO Richard Sullivan Issues Public Open Letter Describing GDSI’s U. S.-
The United States has always been a world leader in harnessing the power of advanced technology and forward-
The future will belong to those who embrace the changing reality of the new, fast-
Let’s remember that the real engine of economic growth, job creation and technological innovation has been the small business community. The bedrock of our free enterprise system, in fact, has been this entrepreneurial spirit, coupled with the desire of millions of small investors to participate in a dynamic, innovative economy while reaping a fair return on their investments.
Global Digital Solutions, Inc. understands these factors and we have begun implementing our strategy for profitable growth with these considerations in mind.
Targets Considered for acquisition will meet the following preliminary criteria:
Acquisition Program Will Draw On Experience Of Past Successes
Global Digital Solutions is refocusing its business strategy on positioning itself as a leader in providing various military-
Richard J. Sullivan, GDSI’s Chairman and CEO, offered several reasons for optimism regarding the proposed acquisitions discussed in the Company’s recent Form 8-
“The GDSI team is extremely excited and confident about all three of these proposed acquisitions. There are powerful synergies between Freedom and the two other companies that will fuel our future growth along with the transformation of the cyber arms industry. Cyber-
“Results like these truly represent the baseline of our expectations going forward. As discussed previously, we plan to follow a similar acquisition strategy to the one we successfully pursued at Applied. Under my leadership at Applied, the GDSI team successfully executed a private-
“This model, which takes advantage of market trends, technological advances and industry consolidations to fuel profitable growth, presents a value proposition that is perfectly suited to the military armament industry, an industry that is heavily fragmented and evolving rapidly toward a RFID/WiFi-
“Our team plans to drive unprecedented consolidation and convergence in the cyber arms arena at least in part through the acquisition strategy outlined in our Form 8-
“The bottom line is: Our excitement and confidence derive from the fact that we’ve done this before and we see enormous potential that we’ll be able to do it again.”
Mr. Sullivan was the founder and former Chairman and Chief Executive officer of Applied Digital (NASDAQ-
Mr. Sullivan’s approach to each new company was to take advantage of certain market trends, technological advances and industry consolidations to build, through organic growth and strategic acquisition, a company with proven products and solid earnings. The new company would be the cornerstone of an entity that could potentially top $500 million in sales and would be built from the acquisition of companies with strong earnings and synergy with the company’s business and technology plans. In the case of Applied Digital, the company’s chosen niche was wireless technology. The first acquisition was of a company involved in wireless data collection applications for manufacturing. This initiative initially made use of money raised through private investment. To take the company to the next level and conduct the wide-
The proposed GDSI growth and acquisition strategy is consistent with that of Applied Digital in many ways. GDSI can be successfully positioned to take advantage of the favorable market conditions for consolidation in this space. The efficient use of pubic capital, post-