MIAMI, April 1, 2005 (PRIMEZONE) -- Atlantis Business Development Corporation, Inc. (OTCBB:ATBD) announced today that Dr. James P. Voloshin has been appointed to the Board of Directors. Dr. Voloshin is a practicing board certified Plastic Surgeon in Newport Beach, Ca. He has resided there since 1983. Besides being a member or past member of ten of the most significant plastic surgery medical societies, he has been active in many businesses and developments. In the late 70's and early 80's he was President of many building companies i.e. Center 80-81 Developments, Derby Ranches, Kingsway Professional Building, Kingsway Surgical Suite, among a few. He also was actively involved in building more than 600 apartment units. During this same period of time he was President of the Medical staff of a 1,000 bed city hospital, which was the seventh busiest hospital in North America at that time. He has held several other positions in community organizations. In more recent years he founded and later sold Surgical Funding Group, one of the early companies in medical financing. He has been actively involved in numerous other business ventures. Has been president of Newport Surgery Institute since 1996 and was on the board of MedPlus Corporation from 1996-2003. He has been on the board of directors of Central American Equities Inc., a public corporation, for the past 2 years.
About Atlantis Business Development
Atlantis Business Development Corporation, (ATBD) (http://www.atlantisbdc.com) is currently registered as a Business Development Corporation (BDC) and seeks out Companies that are in their business development stage and invests in these Companies. It also builds, creates, and funds its own profitable companies to produce value to its shareholders.
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. (ATBD), 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, ATBD's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.