ECDC News East Coast Diversified Issues Mid-Year Report

2012-07-30 09:05 ET - News Release

Report discusses breakthrough into the US logistics market, major licensing agreements, revenue growth and management.

ATLANTA, July 30, 2012 /PRNewswire/ -- East Coast Diversified Corporation (OTC.BB: ECDC) releases its mid-year report and discusses execution of its business plan for the first half of the year 2012 including the official introduction of its two new divisions, StudentConnect and WetWinds to be reported in its 2nd quarter filing.

Business Development and Market Penetration

The company experienced significant successes with some of its partner pilot projects resulting in Master Licensing agreements with partners in Russia (Komntelecom) and Kenya (Asonicslive). EarthSearch also made its first significant progress toward breaking into the US market where it has experienced difficulty in introducing its products due to artificial barrier created by legacy systems on the market.