TUSTIN, Calif., May 31, 2007 (PRIME NEWSWIRE) -- Atlantis Holding Corp (Pink Sheets:AHDG) is pleased to announce that our wholly owned subsidiary, American Sales & Marketing, has signed an agreement with Mega Power International, Inc. of Oldsmar, Florida to market their line of automotive fuel systems, radiator and oil service products nationally to both the retail and installer markets.
Atlantis Holding Corp acquired American Sales & Marketing (ASM) in 2006. According to Sydney Bowers, ASM's President, "The automotive chemical additive market in the United States is over $1 Billion per year, and we believe that Mega Power can gain an increased share of that business. Target accounts will be major national and regional retailers as well as key warehouse distributors that supply the installer and auto service markets, which should lead to significant growth in 2007 and 2008."
Mega Power International was formed in 1984 and has earned a reputation as a supplier of high-quality brand name products in the automotive aftermarket chemical additives business.
American Sales and Marketing is headquartered in Oceanside, California. Atlantis Holding Corp is headquartered in Tustin, California and operates as a holding company with three divisions: the Energy, Environmental and Engineering Division; the Automotive Division; and the new Dimensional Products Division. For more information on Atlantis Holding Corp please refer to the company Internet website at www.atlantisholdingcorp.com. For additional information on Mega Power International please refer to their company website at www.megapower.com.
Disclaimer
This press release may contain forward-looking statements that are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.