Atlantis Systems Corp.
TSX VENTURE : AIQ.H

Atlantis Systems Corp.

September 24, 2010 19:33 ET

Atlantis Systems Corp. Announces Resignation from Its Board of Directors

TORONTO, ONTARIO--(Marketwire - Sept. 24, 2010) - Atlantis Systems Corp. (NEX:AIQ.H), a globally recognized training integrator in the military and commercial aviation markets, today announced that Mark Rivers has resigned as a Director of the Corporation and Chairman of the Board. 

In his letter to the Board, Mark said that the responsibilities of his other businesses have become extremely demanding, and it has become very difficult to give the necessary time and attention to the Board. Since being appointed to the Board in June 2008, Mark helped to facilitate a turnaround and rebuild the value of the Company for its shareholders, implementing operational and organic changes to rebuild the company and its credibility with its customers. He restructured the leadership and the management of the Company, helping to eliminate costs and close new contracts. Through his company CEO Capital, he continues to support Atlantis.

A new Director and Chairman will be elected at the Annual and Special Meeting of Shareholders which will take place on September 28th, 2010 as previously announced.

About Atlantis Systems Corp.

Atlantis Systems (NEX:AIQ.H) uses its core capabilities in simulation-aided design and engineering and e-learning, combined with various technology tools, to help customers in military aviation and civil aviation ensure the feasibility, capability, and effective utilization of their complex assets. In more than 30 years of operation, Atlantis has developed a solid reputation for its creative workforce and innovative solutions in supporting global OEM customers and defence organizations. To learn more, please visit the Company's web site at www.atlantissi.com.

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