RED BANK, N.J., July 22, 2004 (PRIMEZONE) -- Fine Wein Records, Inc., a subsidiary of Atlantis Business Development Corporation, Inc. (OTCBB:ABDV), announced today that it has licensed from CMG Worldwide Inc. the world-renowned "I Love NY" logo. The product will be distributed at traditional music retail outlets and specialty stores.
Rich Weinman of Fine Wein Records, Inc adds, "This special logo is world renown and we expect both retailers and specialty stores to share our excitement." The compilation will feature songs from Tony Bennet, Johhny Mathis, Liza Minnelli, Bobby Darin, Joel Grey and many more. Weinman adds, "What could be more perfect but music legends appearing together in a common theme in songs about the greatest city in the world."
CMG Worldwide is the home of the properties and personalities considered to be the greatest legends of the 20th century. CMG protects and markets over 200 diverse clients from all realms of stardom including entertainment, sports, music, history, and corporate trademarks.
Over the coming months, Fine Wein Records, Inc. plans to announce several other licenses with additional international household brands that will make for top creative and marketing partners.
Atlantis Business Development Corporation, (ABDV) (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. Atlantis provides management, accounting, finance and M & A advice. Atlantis is an active investor in the Companies to which it provides its services. It is Atlantis' desire to spin-off to its 1,500 plus shareholders a portion to up to 100% of the equity interest it maintains in its subsidiary Companies and assisting its subsidiary Companies in becoming publicly traded entities as well.
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.