SOURCE: Atlantis Business Development Corporation Inc.

January 10, 2007 12:41 ET

Atlantis Business Development Corporation Inc. and Announce Participation by RadioShack® Corporation in the EFTAS Employment Program

MIAMI, FL -- (MARKET WIRE) -- January 10, 2007 -- Atlantis Business Development Corporation, Inc. (OTCBB: ABSD) is pleased to announce the participation by RadioShack® Corporation in the EFTAS Employment Program.

Corporate citizenship is a significant part of the Company culture at RadioShack®. By design, the Company strives to be a good neighbor and make an impact in the communities and neighborhoods that it serves across America. It is only natural for RadioShack® to want to proactively step up to help our soldiers, upon seeing the opportunity to join forces with EFTAS.

This Industry Leader joins a growing list of national and local, patriotic and community focused businesses, which are eager to participate in the EFTAS program. The Atlantis wholly owned subsidiary, EFTAS, provides a range of services that assists our military men and women, as they return home to their communities seeking civilian employment opportunities.

Atlantis CEO Christopher Dubeau commented that, "RadioShack's more than 6,000 retail stores create a large footprint across America, in towns both large and small. No other retail nameplate speaks to Main Street USA more than RadioShack®. Here at EFTAS, we are proud to be joining forces with such a community focused organization as RadioShack® in our efforts to support our dedicated military men and women as they return to civilian life."

About RadioShack®:

From its humble beginnings in 1919, this Ft. Worth, TX-based electronics retailer has grown and developed into one of the nation's most trusted consumer electronics specialty retailers. RadioShack® is unlike any other consumer retail solutions provider in how it delivers well respected brand name products and cost effective electronics solutions. The Company operates a vast store network delivering electronics solutions within minutes of where all Americans either live or work. On the web, at, the Company offers help to consumers with their electronics purchase decisions and product enjoyment.

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.

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 indicates a desire to attract these loyal customer bases.

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: