Atlantis Holding Corp Announces Start of Eagle Automotive Group Operations in Las Vegas, Nevada
TUSTIN, Calif., Feb. 27, 2007 -- Atlantis Holding Corp (Pink Sheets: AHDG) is pleased to announce that our wholly owned subsidiary, Eagle Automotive Group has expanded operations by forming a partnership with Dealer Service Group of Nevada to provide automotive aftermarket products to many of the automotive dealerships in Las Vegas and Southern Nevada.
Atlantis Holding Corp completed the acquisition of Eagle Automotive in late 2006, and since then Eagle Automotive has set up a national distribution system for automotive aftermarket products. Some of these aftermarket parts include premium wheel and tire upgrades, custom lighting kits, body kits, interior accessories, etc. which will be offered for sale as upgrades to the standard factory provided equipment.
Eagle also works closely with American Sales & Marketing, another subsidiary of Atlantis Holding Corp, to promote these automotive aftermarket products to the major automotive supply stores and warehouses, such as Sears, Auto Zone, CSK Auto, O'Reilly Auto Parts, Advance Auto Parts, Car Quest, Parts Plus, Costco and Wal-Mart, etc. Eagle also plans to sell these products direct to the consumer through an internet website business portal that will be developed in the near future, as well as through a "kiosk-based" point of purchase system.
Sydney Bowers, President of Eagle Automotive Group said, "The goal of Eagle Automotive Group is to provide high-quality aftermarket products to the consumer and auto enthusiast through various different distribution channels, including new car dealerships. After we prove this business model in the Las Vegas area we intend to expand into other major metropolitan areas."
Eagle Automotive Group is headquartered in Oceanside, California. Atlantis Holding Corp is headquartered in Tustin, California and operates as a holding company with three divisions: the Energy, Environmental and Engineering Division; the Automotive Division; and the new Dimensional Products 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 Disclaimer
This 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.