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American Way Business Development Corporation Announces That It Will Commence a Share Buy-Back Program


BOCA RATON, FL -- (MARKET WIRE) -- 05/31/06 -- American Way Business Development Corporation (PINKSHEETS: AWBV) ("AWBV" or the "Company") is pleased to inform its shareholders that, in accordance with action by the Board of Directors at its May 30, 2006 meeting, it will immediately commence the purchase of shares in the open market.

"We feel that market conditions are such that buying shares out of the market is a prudent use of corporate funds," states Don Platten, President of AWBV. "The future is bright, the present increase in the numbers of shares were for the completion of acquisitions we did in 2005. I am confident that this will only enhance the Company's overall share value."

"About American Way Business Development Corporation" AWBV specializes in the acquisition and sale of small private companies and serves the growing demand of national and international private companies interested in becoming publicly traded companies on a U.S. stock exchange. AWBV currently has three companies it has acquired and plans to partially divest from subsidiaries that are able to operate on their own. AWBV maintains an ownership interest in these companies thereby building value for AWBV as its affiliates continue to grow. Under the guidance of AWBV, companies are given critical guidance and advice about due diligence, valuation analysis, and strategic positioning in negotiations. Ultimately, the company lends strategic support to assist growing enterprises in setting and meeting strategic and financial objectives.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact: American Way Business Development Corp. Don Platten [phone] [e-mail] http:www.americanwaybd.com