SOURCE: Atlantis Business Development Corp. Inc.

November 10, 2006 10:43 ET

Atlantis Business Development Corporation Inc. and EFTAS Announce Participation by Lexus of Kendall and Kendall Toyota of Miami, Florida in the EFTAS Employment Program

MIAMI, FL -- (MARKET WIRE) -- November 10, 2006 -- Atlantis Business Development Corporation, Inc. (OTCBB: ABSD) has announced the participation by the largest Lexus and Toyota dealerships in the United States. These two South Florida automobile dealerships have joined in the EFTAS Employment Program. Lexus of Kendall and Kendall Toyota of Miami, Florida join a growing list of community-focused businesses offering to participate in the EFTAS program which assists our military men and women, as they return home to their communities.

About EFTAS:

EFTAS (Employment for the Armed Services) is an organization dedicated to helping active duty military personnel find employment, prior to and on the heels of their return home from active duty. The site will be useful for all Veterans, as well. EFTAS is in the planning stages of developing its unique website that will provide the functionality of the leading electronic job posting websites, such as, but for military personnel only.

In addition, EFTAS, a wholly owned subsidiary of Atlantis, is in the process of exploring other avenues for supporting the employment needs of our returning military personnel, such as collaborating with career fair operators, job training organizations, direct hiring employers, and executive search firms.

About Lexus of Kendall:

Lexus of Kendall holds the distinction of being the world's largest online Lexus dealer. Further, the dealership is the proud recipient of this year's "Elite of Lexus" award for exceptional owner satisfaction in both sales and service.

About Kendall Toyota of Miami:

Kendall Toyota is the leading Toyota dealer in Miami. In addition, the dealership serves the greater South Florida area including Ft. Lauderdale, West Palm Beach, Hollywood, and Homestead.

About Atlantis Business Development:

Atlantis Business Development Corporation Inc. (OTCBB: ABSD)

The Company ( has elected to be regulated as a business development company in accordance with the provisions of the Investment Company Act of 1940, as amended. The business development company form of business is a vehicle established by Congress to allow smaller, retail investors to participate in and benefit from investing in small private businesses as well as the revitalization of larger private companies. As a business development company, ABSD is engaged in providing debt and equity financing to public and private companies. In addition, we provide access to private equity funds, for working capital, acquisitions, management buyouts, projects and special situations. ABSD offers its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.

ABSD plans to achieve the level of success and implement a growth strategy similar to other established business development companies, such as American Capital Strategies, Ltd. On the NASDAQ, a publicly traded business development company with capital resources of approximately $8.4 billion (

To join our email alert list Click here:

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. (ABSD), 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, ABSD's extremely limited operating history. Further, there are uncertainties that exist related to the Company's access to additional capital, competition, and dependence on key management.

Contact Information

  • Additional Information:

    Christopher Dubeau