SOURCE: Atlantis Business Development Corp

January 03, 2007 12:09 ET

Atlantis Business Development Corporation Inc. and EFTAS.org Announce Participation by National Disaster Solutions in the EFTAS Employment Program

MIAMI, FL -- (MARKET WIRE) -- January 3, 2007 --Atlantis Business Development Corporation, Inc. (OTCBB: ABSD) has announced the participation by a respected disaster restoration and reconstruction industry leader in the EFTAS Employment Program. National Disaster Solutions joins 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. Disasters can strike at any time, and National Disaster Solutions, as a local community focused business operating throughout North America and the Caribbean, stands ready to help.

It is only natural for NDS to see the need, and want to step up to help, our dedicated military men and women. National Disaster Solutions proudly supports our Military personnel and Military Veterans. The Company actively looks for opportunities to give back to this loyal and dedicated National Disaster Solutions customer base.

Atlantis CEO Christopher Dubeau noted, "Atlantis is extremely excited to be joining forces with an industry leading firm such as National Disaster Solutions, in support of our military personnel through the EFTAS Employment Program. National, like Atlantis proudly counts former military personnel among its directors, employees, business partners, and customer bases."

About National Disaster Solutions:

NDS is composed of several respected leaders in the disaster restoration and reconstruction field. Together they have merged their resources to become an industry leading provider of services on a national level.

NDS, in addition with being fiscally strong and experienced, is fully licensed and insured.

NDS offers a single source solution in managing all phases of reconstruction, repair and project consulting. They work effectively and efficiently to restore commercial, industrial, and multi-family properties anywhere, any time.

When a major catastrophe strikes their dedicated team of specialists will instantly mobilize to provide and implement a comprehensive plan of action. Committed to ensuring minimal downtime and disruption for all clients, their industry certified personnel are trained and educated in the use of the latest technologies and methods to provide competent, caring restoration of both facilities and their contents.

http://ndsrecovery.com/view/24

About EFTAS:

EFTAS (Employment for the Armed Services), is an organization www.eftas.org 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 www.hotjobs.com, 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.

In sponsoring and supporting EFTAS, organizations and companies can gain a valued and focused benefit. Involvement with EFTAS, can position a firm as a leader in Local Community support and involvement, Military, and Military Veteran issues, and indicating a desire to attract these loyal customer bases.

About Atlantis Business Development:

Atlantis Business Development Corporation Inc. (OTCBB: ABSD)

The Company (http://www.atlantisbdc.com) 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 (http://www.americancapital.com).

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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. (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
    CEO
    305-677-3111