Early Bird Special (EBS)

[IRISHBULL]

AWBV NEWS - - American Way Business Development Corporation Announces the Engagement of Island Transfer as Transfer Agent for Eli Enterprises, Inc.

Jun 1, 2006 9:00:00 AM

BOCA RATON, FL -- (MARKET WIRE) -- 06/01/06 -- American Way Business Development Corporation (PINKSHEETS: AWBV) ("AWBV" or the "Company") is pleased to inform its shareholders that its subsidiary, Eli Enterprises, Inc., has engaged Island Transfer as its transfer agent of record. Island Transfer will make available the stock dividend as of July 1, 2006. For further information regarding your share ownership in Eli Enterprises, Inc., please refer to the Company's website (http://www.americanwaybd.com) and use the contact information form.

"About American Way Business Development Corporation" AWBV specializes in the acquisition and sale of small private companies. 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. 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