SOURCE: Morris Business Development Company; More American Jobs Inc.

Morris Business Development Company; More American Jobs Inc.

June 23, 2009 15:57 ET

Patrick Howell and Dr. George Morris Have Joined Together to Form More American Jobs™ Whose Mission Is to Help American Businesses Grow and Increase Jobs

NEWPORT BEACH, CA--(Marketwire - June 23, 2009) - More American Jobs is part of the investment portfolio of Morris Business Development Company (OTCBB: MBDE), a 1940 Congressional Act "BDC." Both Howell and Morris believe that their Washington and national business networks will help businesses access federal government stimulus funds, private investment capital as well as other means of capital funding. More American Jobs plans to incorporate in California in the near future.

Congress created the BDCs to help American companies succeed by getting assistance for funding and by obtaining substantial managerial support. BDCs are structured as a public investment fund. MorrisBDC has a public stock symbol of "MBDE" on the OTCBB exchange.

Mr. Howell was a fundraiser in the Obama election campaign in Orange County California, co-sponsoring an event that raised $1.2 MM. Mr. Howell, an investment banking consultant, community leader and entrepreneur, enjoys over 17 years of financial services experience with Fortune 500 firms from Market Street San Francisco to Wall Street.

Mr. Howell says of More American Jobs, "We click because Dr. Morris' vision is to provide the common man's touch to the services that the Ford and Rockefeller Foundations provided for America at the Great Depression. This time there is a stimulus bill. There is obviously a business benefit to us as businessmen but we are dedicated to seeing America emerge stronger than ever in the 21st Century. We are all betting that America succeeds as never before."

Dr. Morris is the President of Morris Business Development Company ("BDC"). Dr. Morris retired as Professor Emeritus from California State University after teaching marketing and finance. He also held teaching positions at both USC and UCLA. Morris has also been a licensed investment banker, marketing consultant and corporate CEO for over 20 years.

Some of the strategies for Mr. Howell and Dr. Morris are:

       Help American business access the Federal Government Stimulus
       package to create more American jobs. Most American businesses,
       especially smaller businesses, need assistance to apply and receive
       stimulus finding.

       Help Small Businesses in Orange County access capital via SBA,
       traditional banking and other non traditional financing routes.

       Help American companies become more effective competitors in the
       global markets.  This is a goal of the US Department of Commerce
       that can help prepare American businesses.

       Encouraging cooperation between labor, management, and investors to
       be more competitive globally.

More American Jobs Inc. board of advisors is chaired by veteran investment banker Gary E. Bryant who was a leading contributor to the Obama campaign. Mr. Bryant has met with the Chairs of the United States Senate Committee on Small Business and Entrepreneurship and California state leadership.

More American Jobs Inc. recently contracted with Intelio, an Irvine based manufacturer of hi-tech outdoor payment terminals for car washing machines for not only funding but relocation of its manufacturing plants from Taiwan and jobs to an American city. More American Jobs has also begun working with minority owned (energy and telecommunications) and disabled American veterans (DAV) firms across the nation looking to retain their 8A status and raise investment funding.

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