BOCA RATON, FL -- (Marketwire) -- 09/09/11 -- Atlas Capital Holdings Inc. (OTCQB: ALCL) (OTCBB: ALCL) (the 'Company') is excited about President Obama's job address to Congress which said that building the next generation of manufacturing including advanced biofuels, is 'how America can be number one again.' In August, the Obama administration announced a $510 million initiative to boost the production of next-generation biofuels.
'As part of our GreenTech business strategy, we have identified several biofuel companies that we are currently reviewing as potential partnerships, joint ventures and potential acquisitions for ALCL. President Obama's speech further emphasizes the country's need to generate alternative fuel sources for the future,' stated Christopher Davies, CEO of Atlas Capital Holdings, Inc.
Note as a point of clarification, there were some discrepancies yesterday on some of the electronic quoting systems.
About Atlas Capital Holdings, Inc.
Atlas Capital Holdings, Inc. was incorporated in the State of Nevada on September 13, 2006. The Company was formerly known as Micro Mammoth Solutions, Inc. and operated as such until January 25, 2010. On January 26, 2010, the Board of Directors of the Company approved a Stock Purchase Agreement between the Company and all of the shareholders of Atlas Capital Partners, LLC. Following the acquisition of Atlas Capital Partners the shareholders approved an amendment to the Company's Articles of Incorporation changing the Company's name from Micro Mammoth Solutions, Inc. to Atlas Capital Holdings, Inc.
Forward Looking Statements
This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Atlas Capital Holdings, Inc. undertakes no obligation to update such statements.
Atlas Capital Holdings, Inc.