RED BANK, N.J., July 20, 2004 (PRIMEZONE) -- Atlantis Business Development Corporation (OTCBB:ABDV) is pleased to announce that its has retained Investor Growth, Inc. to assist with Investment Banking, Business Development, and Investor Relations. Investor Growth, Inc. has arranged $300,000 of equity financing and will participate in future financing rounds.
Steven Knoller, President of Investor Growth, stated, "We are delighted to work with Atlantis and we are a long-term believer in their business model. At the core of every company is a strategy to create value and to maximize shareholder wealth. We believe our relationship will ensure these common goals."
"The strength of our shared knowledge, professionalism and commitment to a 'best practices' approach will achieve our desire to be viewed as the first choice for long-term investors in our peer group." stated John Figliolini.
About Investor Growth, Inc.
Investor Growth, Inc. (http://www.investorgrowth.com) transitions privately held entities, as well as, publicly trading companies into larger publicly traded markets. Client companies obtain Six Sigma qualified strategy development and deployment, revenue generating financing, investor/public relations, and creative marketing. Client Companies receive tailor-made services that point it toward success.
About Atlantis Business Development Corporation
Atlantis Business Development Corporation, (ABDV) (http://www.atlantisbdc.com) is registered with the United States Securities & Exchange Commission as a Business Development Corporation ("BDC") and subject to the 1940 Investment Company Act. Atlantis seeks out Companies that are in their business development stage and provides management, accounting, finance, and M & A advice. Atlantis is an active investor in the Companies to which it provides its services and focuses on companies that are seeking to become publicly traded through reverse merger.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to Atlantis Business Development Corp. (ABDV), except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, ABDV's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.