SOURCE: Atlantis Business Development Corp

February 13, 2006 11:43 ET

Atlantis Business Development Corporation Announces Successful Spin Off -- 727 Communications Inc. Has a New Symbol (OTC: SVCM)

A Letter to All Shareholders Who Received a Dividend in Shares of 727 Communications Inc. in October of 2005

MIAMI, FL -- (MARKET WIRE) -- February 13, 2006 -- Atlantis Business Development Corporation, Inc. (OTC BB: ABDE) announces successful spin off -- 727 Communications Inc. has a new name and symbol.

The spin off of 727 Communications Inc. was in October of 2005. After the spin off, 727 Communications Inc. merged with Cor Equity Holdings. All shareholders received one share of Cor Equity Holdings for one share of 727 Communications Inc. On Friday Cor Equity Holdings (OTC: CEQD) changed its name to 727 Communications Inc. (OTC: SVCM).

All electronically held shares will be changed automatically, all shares held in certificate form must be returned to the transfer agent to reflect the name change. The address where the certificates are to be returned to is

Signature Stock Transfer
1 Ohio Drive suite 100
Plano, TX 75093.

If you have any questions concerning this matter you may call 727 Communications Inc. at 305-935-7270.

About Atlantis Business Development:

Atlantis Business Development Corporation, (ABDE) ( is currently registered as a Business Development Corporation (BDC) in accordance and pursuant to Section 54 of the Investment Act of 1940. It seeks out Companies that are in their business development stage and invests in these Companies through various means. It also builds, creates, and funds its own profitable companies in order to produce greater future value to its shareholders. The Investment Company Act of 1940 was passed to encourage investing in developing businesses. The Act provides simpler access to public funds for the purpose of business development, with emphasis on regulation of expenditures, rather than regulation of fund-raising. Under the Act, the majority of publicly raised funds pursuant to the Act must be employed in developing businesses.

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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. (ABDE), 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, ABDE's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.

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  • Additional Information:
    Christopher Dubeau