MIAMI, -- April 6, 2005 -- Atlantis Business Development Corporation, Inc. (OTC BB:ATBD.OB - News) announced today that wholly owned subsidiary 727 Communications began implementation with XO Communications. 727 is able to bring up the voice over internet protocol (VOIP), and is now working on the fax over internet protocol (FOIP). Both the VOIP and FOIP are the backbone of 727's revenues. This process should take 24 to 48 hours. XO has been very cooperative and placed 727 Communications on a priority status. Once this implementation is finished 727 Communications will pursue and execute contracts that have already been brought before them.
About Atlantis Business Development
Atlantis Business Development Corporation, (ATBD) (http://www.atlantisbdc.com) is currently registered as a Business Development Corporation (BDC) and seeks out Companies that are in their business development stage and invests in these Companies. It also builds, creates, and funds its own profitable companies to produce value to its shareholders.
About XO Communications
XO Communications is a leading provider of national and local telecommunications services to businesses, large enterprises and telecommunications companies. XO offers a complete portfolio of services, including local and long distance voice, dedicated Internet access, private networking, data transport, and Web hosting services as well as bundled voice and Internet solutions. XO provides these services over an advanced, national facilities-based IP network and serves more than 70 metropolitan markets across the United States. For more information, visit http://www.xo.com.
