Atlantis Holding Corp Signs LOI With GoFastParts.com for Exclusive Software License
Sep 27, 2006 8:30:00 AM
TUSTIN, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Atlantis Holding Corp (Pink Sheets: AHDG) has signed a letter of intent for an exclusive license to use proprietary software and a database developed by GoFastParts.com for automotive aftermarket parts order processing. Management expects terms of the license agreement to be finalized in the near future.
Atlantis Holding Corp intends to utilize the GoFast software and database as a key element in their plans to develop a "kiosk-based" point-of-purchase sales interface that will be sold by Eagle Automotive Group, one of their subsidiary automotive marketing companies. This new purchasing system will enable traditional "brick and mortar" stores to create a "virtual warehouse" with an expanded inventory of parts available to augment retail sales throughout the auto aftermarket.
According to Robert J. Thompson, President and CEO of Atlantis Holding Corp, "This licensing agreement fits well in our master plan of developing a network of subsidiary companies in our Automotive Division that offer high-quality products and services related to the automotive aftermarket market. Our Automotive Division has excellent growth prospects, and will be a key part of our long-term growth plans."
Atlantis Holding Corp is a publicly-traded company (Pink Sheets: AHDG) currently trading on the OTC Pink Sheets with three operating divisions: the Energy, Environmental and Engineering Division, the Automotive Division and the new Media Content and Imaging Solutions Division. For more information on Atlantis Holding Corp please refer to the company Internet website at www.atlantisholdingcorp.com .
Investor Relations Contact: Chuck Prebay
Atlantis Holding Corp
Phone: 714-258-7070
E-mail: chuck.prebay@atlantisholdingcorp.com
DisclaimerThis press release may contain forward-looking statements that are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
SOURCE Atlantis Holding Corp
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Chuck Prebay
Atlantis Holding Corp
+1-714-258-7070
chuck.prebay@atlantisholdingcorp.com
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