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Unemployment Iraqi Style DLet’s put it all into perspective: the U.

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9th Circuit’s Stay Lets S.F. Force Bosses to Fund Health Care
A 9th U.S. Circuit Court of Appeals panel gave San Francisco the green light Wednesday to enforce its new employer-funded health care program, staying a district court’s ruling that the ordinance is pre-empted by federal law. The stay means San Francisco companies with 50 or more employees must now spend a minimum amount on private or city-provided health care coverage for their workers. A similar mandate on smaller employers goes into effect on April 1.

Labor Department Alleges Fifth Third Bancorp Caused $20M Loss to Union Pension Fund
Federal officials are accusing Cincinnati-based Fifth Third Bancorp of causing a union pension fund to lose over $20 million in a Detroit real estate investment. The Labor Department has sued the bank, alleging that the pension fund for Operating Engineers Local 324 bought the property for $5 million in 1999, but spent more than $23 million for renovations based on a strategy created by Fifth Third Bank, which wound up selling the property for only $4.5 million in 2004.

Peirick v. Indiana University-Purdue University Indianapolis
Public university employer, specifically board of trustees and
athletic department-partnership between two universities, enjoyed
Eleventh Amendment immunity against former coach’s ADEA claim (but
not as to Title VII gender discrimination claim, for which Congress
validly abrogated states’ Eleventh Amendment immunity).

Atlantis Business Development Corp: Atlantis Business Development Corporation, Inc. Initiates Funding Contribution to Its Wholly Owned Subsidiary, Known as EFTAS (Employment for the Armed Services) Delivering on Promise<
> Which Direction For My Career

There comes a time for most people when they ask themselves about which direction they should take for their career. For some, this question is asked before their career even begins, perhaps even before entering college.

In most cases, the sooner you can decide on the direction that you would like to take your career, the better. Forethought and planning can help make the decision making process easier earlier on in your career. The first thing you need to remember is that you will likely not start off at the top of the ladder, but rather that you will need to work your way up to your goal career position.

One of the primary considerations when deciding on the directionality of your career is education requirements. Are there special degrees or certificates that you will need to advance your career and where are they available? Time may be a factor, especially if you are already working in the career field of your choice. There may be options of night schools or correspondence courses to get the degrees and certificates necessary to advance your career.

By defining your goals as clearly as possible, armed with information, you can set a course for career fulfillment and find a time frame that will suit your needs and career advancement.

Deciding on the direction you would like to take your career in is not an easy decision to make, nor one you should make hastily. Take your time and clearly define where you want to be in one year, three years, five years and ten years. Research for information to help you understand what you will need to accomplish to meet these goals.

MIAMI, FL —
Atlantis Business Development Corporation, Inc.
(OTCBB: ABSD), announced today that it has initiated a major funding
contribution to its wholly owned subsidiary, EFTAS and eftas.org.

Today’s action by the Company follows through on a previous announced
pledge by Atlantis CEO Chris Debeau. Atlantis had previously pledged to
make a significant contribution to fund and support the operations of its
wholly owned subsidiary EFTAS and eftas.org. The total originally pledged
by Atlantis was a sum of three hundred thousand dollars ($300,000).

The Company further announced its commitment to significant web
development, for the EFTAS effort. The updated eftas.org website will soon
include refreshed resumes.

About EFTAS:

EFTAS.org is an organization dedicated to helping active military personnel
find employment prior to and on the heels of their return home from active
duty. The EFTAS website www.eftas.org will provide the functionality of the
leading electronic job posting websites, such as www.monster.com and
www.hotjobs.com, but for military personnel only.

Atlantis CEO Christopher Dubeau noted, “Atlantis has been moving forward
very rapidly with its business unit EFTAS, and has received broad support
from community-focused businesses eager to participate in this worthwhile
program. Atlantis has committed its total support to this business endeavor
and is very excited about the launch of its EFTAS subsidiary.”

In addition to the planned job posting website, Atlantis is in the process
of exploring other avenues for supporting the employment needs of our
military personnel, such as collaborating with career fair operators, job
training organizations, direct hire employers, and executive search firms.

Thousands of military personnel are stationed around the globe fighting for
our country. Many of these brave patriots come home to find themselves
without jobs. Atlantis feels that EFTAS can help make a difference –
giving military personnel an opportunity to interact with potential
employers.

About Atlantis:

Atlantis Business Development Corporation (ABSD)
(http://www.atlantisbdc.com) 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, as well as 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., listed on the NASDAQ, a publicly traded
business development company with capital resources of approximately $8.4
billion (http://www.americancapital.com).

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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,
uncertainties related to the Company’s access to additional capital,
competition and dependence on key management.

Additional Information:
Christopher Dubeau
CEO
305-466-1511

SOURCE:  Atlantis Business Development Corp

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