Atlas Capital Holdings, Inc. Reports on the Progress of Its Newly Owned Subsidiary
(firmenpresse) - BOCA RATON, FL -- (Marketwire) -- 10/12/11 -- Atlas Capital Holdings Inc. (OTCQB: ALCL) (OTCBB: ALCL) (the "Company") reported today on the progress of its newly owned subsidiary, Textraw Inc.
"The new Textraw manufacturing plant is well underway. The operational team is in the process of finalizing equipment inspections and a test run is scheduled for this week. Management has reported that within the next sixty days existing orders will be filled for the large landscaping companies that have been waiting for the new facility to be operational. Now that the new plant is ready for production, the sales and marketing team is being ramped up to secure additional purchase orders," stated Christopher Davies, CEO of Atlas Capital Holdings, Inc.
About Textraw, Inc.
Textraw is a manufacturer and distributor of synthetic pine straw made from recycled materials. The product was idealized in 2000 as a way to recreate pine straw while making use of unrecyclable materials. After 3 years of consistent research and development, the company patented its process and began generating revenue in 2003. Textraw is a sterile, eco-friendly, and long-lasting replacement ground cover that does not fade, crumble, or attract insects.
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.
CONTACT:
Atlas Capital Holdings, Inc.
Christopher Davies
561-488-7623
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Datum: 12.10.2011 - 07:25 Uhr
Sprache: Deutsch
News-ID 1045056
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Plastics and fibers
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