Atlantis Systems Corp.
TSX VENTURE : AIQ.H

Atlantis Systems Corp.

April 28, 2011 22:05 ET

Atlantis Systems Corp. Announces Change in Board of Directors

TORONTO, ONTARIO--(Marketwire - April 28, 2011) - Atlantis Systems Corp. (NEX:AIQ.H) today is pleased to announce a change in its Board of Directors, with the appointment of two new Directors.

Steven Shulman and Gerry Hart, join Henrik Noesgaard, Chairman, Steven Albright, Robert O'Sullivan, Aidan Kehoe and David Williams to form the present seven-member Board.

Simultaneously, Gary Jaggard and Joseph Wynne have resigned from the Atlantis Board of Directors. We would like to thank Gary and Joseph for their valuable guidance and support over the past year.

Steven Shulman, through his wholly owned company The Hampton Group, has been active as an investment banker, investor and Board Member in a large number of companies. Currently Mr. Shulman is an advisor to several private equity groups. He was awarded an Honorary Doctorate from the Stevens Institute of Technology and currently serves as Vice Chairman of the Board and recently served as Chairman of the Presidential Search Committee.

Mr. Hart was a professional hockey player in the NHL until 1983, having played for Detroit Red Wings, New York Islanders, Quebec Nordiques and St. Louis Blues. Mr. Hart is President and sole stockholder of Gerry Hart Associates, Inc. a company focused on operating multi-use recreational facilities in the northeast. He is also Executive Vice President and co-owner of Kemper Cost Management, Inc., a company with expertise in industrial warranty and maintenance cost containment programs, mainly for the healthcare industry.

Forward-Looking Statements

Atlantis assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason. Additional information regarding risks and uncertainties that could affect Atlantis' business is contained in the Business Risk Factors section of Atlantis's Annual MD&A, which is available on SEDAR at www.sedar.com.

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