SOURCE: Atlan International Holdings

September 25, 2007 09:37 ET

Atlan and Pacific Seaboard Ltd. Form Unique Strategic Alliance for Renewable Energy Developments

NEW YORK, NY--(Marketwire - September 25, 2007) - Atlan International Holdings Corp. (FRANKFURT: QV8) (PINKSHEETS: ATLI), a global development, marketing, sales and acquisition company, announced today that on September 18, 2007 the Company entered into a long-term strategic alliance Agreement with Pacific Seaboard Ltd. to jointly develop renewable energy projects.

Pacific Seaboard Ltd. is holder of certain rights and Intellectual Properties all related to renewable energy solutions including solar, wind, biofuel, combined heat and power and geothermal energy technologies.

Management made a strategic decision to focus on alternative energy and make it the Company's core business, according to the previously developed and adjusted business plan. Subsidiaries not related to alternative energy initiative will be sold or spun off by October 18, 2007. The Company intends to scale current alternative energy plans as part of "Earth Loving, Eco Friendly" business plan.

Henry Val, Company CEO, stated, "We are simply following in the footsteps of industrial giants such as GE, ExxonMobil, BP, Shell, Sharp, Siemens, and others who have made significant investments in wind, solar, bio-fuel, and hydrogen alternatives. Escalating energy prices, political instability in the Middle East, concerns about the impacts of global warming, and clear public support for energy alternatives have all contributed to renewable energy becoming one of the most rapidly growing sectors of the global economy. Completing this transaction will allow Atlan to concentrate its efforts on the execution of our business plan."

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission.

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