BOCA RATON, FL -- (Marketwire) -- 09/20/11 -- Atlas Capital Holdings Inc. (OTCQB: ALCL) (OTCBB: ALCL) (the 'Company') today announced that its wholly owned subsidiary, AlgaeTek Systems, Inc. (AlgaeTek Systems), will commence development of its new algae Pilot Program in the acclaimed Houston Advanced Research Center located in Woodlands, TX. The management of Atlas Capital Holdings will be touring the facility this week.
'We are excited to be visiting the Houston Advanced Research Center to review the progress that is being made on the development of our new algae Pilot Facility. We expect the technologies and experience of operating this Facility to translate into an expanded facility capable of launching our company into the large scale production and commercialization of high quality algae for the market,' stated Christopher Davies, CEO of Atlas Capital Holdings, Inc.
The Houston Advanced Research Center uses the tools of science, policy and technology to provide new knowledge about the complex balance between environmental, social and economic issues in our region. Program areas include clean energy, air quality and climate and land, water and people.
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.