RED BANK, N.J., Nov. 15, 2004 (PRIMEZONE) -- Atlantis Business Development Corporation, Inc. (OTCBB:ABDV) announced today that E-Direct Inc. has produced over $200,000.00 in revenue midway through their 4th quarter. E-Direct Inc. has invoiced another $200,000.00 payable by the end of the 4th quarter. Having produced over $150,000.00 for their 3rd quarter, E-Direct has already surpassed this amount of revenue during the 4th quarter.
"This positive revenue stream and growing business has made E-Direct an invaluable asset for Atlantis Business Development," stated Christopher Dubeau, the company's CEO.
About E-Direct Inc.:
E-Direct (http://www.e-directinc.com) is a profitable multimedia marketing agency that is a wholly owned subsidiary of Atlantis. E-Direct has over 220 Million opt-in e-mails for categories ranging from investment to travel. E-Direct presently owns and operates over 120 servers for all marketing purposes. Along with its U.S. bandwidth, E-Direct has also acquired bandwidth from various countries, making E-Direct a world-wide multimedia marketing agency.
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. (ABDV), 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, ABDV's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.
Additional Information: Christopher Dubeau, CEO 305-937-7776