SOURCE: American-Way Business Development Corp.

June 05, 2006 09:08 ET

American Way Business Development Corporation Announces Purchase of Shares in Accordance With Its Share Buy-Back Program

BOCA RATON, FL -- (MARKET WIRE) -- June 5, 2006 -- American Way Business Development Corporation (PINKSHEETS: AWBV) ("AWBV" or the "Company") is pleased to inform its shareholders that it has, to date, bought back 454,000,000 shares as part of the stock buy-back program. "We will continue to support the Company by purchasing additional shares if the stock price continues to remain undervalued," states Don Platten, President of AWBV.

"About American Way Business Development Corporation" AWBV specializes in the acquisition and sale of small private companies. AWBV currently has three companies it has acquired and plans to partially divest from subsidiaries that are able to operate on their own. AWBV maintains an ownership interest in these companies thereby building value for AWBV as its affiliates continue to grow. Ultimately, the company lends strategic support to assist growing enterprises in setting and meeting strategic and financial objectives.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

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