ATLANTA, April 21, 2011 /PRNewswire/ — East Coast Diversified Corporation (OTC.BB: ECDC), through its subsidiary EarthSearch Communications, Inc., has scheduled a conference call to discuss current operations, and 2011 financial projections for Monday, April 25, 2011, at 8:30am EDT.

Investor Conference Call

Shareholders can listen to the call by dialing (712) 432-0900, and enter the pass code 179157 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call for investors unable to attend the event.

2010 Fiscal Year Performance

We experienced a sudden reversal of our revenue growth in the 4th quarter of 2008 as the real estate market and global economy came to a halt as our business was highly concentrated in the construction industry. These events forced us to take dramatic steps and business decisions that resulted in substantial reductions of revenue for the years 2009 and 2010.

Based on our internal research, the board and management made the decision to change the business focus and concluded that simply offering GPS devices, which we believed would become a commodity, exposed the company and its shareholders to potential failure. We instead focused on R&D operations and began the development of wireless communication between GPS and RFID devices.

We completed our product development in the first quarter of 2010, and began commercial beta tests in the summer of 2010. We officially launched our new business and product portfolio in 4th quarter, which accounted for 60% of our 2010 revenues.

2011 Fiscal Year Guidance

The Company is currently engaged in numerous pilot projects with several major organizations, and we have also expanded our product offering into military logistics.

We now have more than 15 distribution partners in 5 geographic regions (Southeast, Asia, Africa, South and North America), and will be launching our first commercial e-commerce site in the second quarter of 2011.

For the first quarter 2011, the Company is projecting total revenues of around $150,000 to $160,000, outpacing all of fiscal 2010 revenue results. For the second quarter, the Company is projected to generate revenues in the range of $200,000 to $350,000 for the period.

As larger follow-on purchase orders are executed, the Company is projecting total revenues for fiscal year 2011 to be in the range of $1.2 to $2.5 million, which would mark a dramatic increase over our 2010 operating results.

Kayode Aladesuyi, the Chairman and CEO of ECDC, commented, “2010 was definitely a transitional year for our operations as the Company moved from R&D to new product roll-outs beginning late in the fourth quarter. So far, for 2011, our financial picture and current operations, have improved greatly over last year’s performance, and we project this to only increase through the coming year.”

For more information on how GPS and RFID technologies can be useful for your company, or enterprise please email us for a brochure at businesssolutions@earthsearch.us.

About EarthSearch Communications

EarthSearch Communications, an ECDC Company (OTC.BB:ECDC), is a US-based business whose flagship product, LogiBoxx, integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on ECDC, visit www.eastcoastdiversified.com or www.earthsearch.us

“SAFE HARBOR” STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company’s entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company’s Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company’s expectations or future events.

SOURCE East Coast Diversified Corporation