East Coast Diversified Corporation Announces Late Filing of Form 10-Q


SOURCE: EarthSearch Communications International, Inc. (East Coast Diversified Corp.)

Acting on Advice of Auditors, ECDC Will Require Consolidated Financials and Comparisons Before Filing

ATLANTA, GA–(Marketwire – August 23, 2010) –  East Coast Diversified Corporation (ECDC) (OTCBB: ECDC) announced today that its quarterly filing, dated June 30, will not be ready by deadline. The company said it has been advised by its auditors that the filings will require consolidated financials and comparisons dating back to 2008 due to the changing of its annual reporting status from April 30 to December 31. ECDC was recently acquired by EarthSearch Communications (EarthSearch) in a reverse acquisition and has adopted the annual reporting schedule of EarthSearch announced in an 8K filing on August 2.

The company intends to complete the filing of an 8-K/A amendment disclosing the results for the quarter ended March 31, 2010, referred to as the “super 8-K” for reverse mergers and form 10-Q for the quarter ended June 30, 2010 as soon as the company’s auditors have completed their work.

About EarthSearch Communications
EarthSearch Communications, an ECDC Company (OTCBB: 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 EarthSearch, visit 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.

Editorial Contacts
Michelle Robinson
EarthSearch Communications, an ECDC Company
+1 770-953-4184
+866-503-9316
[email protected]


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