|
FOR
IMMEDIATE RELEASE
Atlanta Latino, Inc. Retains Leading Venture
Capital Firms to Expand Its Bilingual Multi Media
Platform
Atlanta, Tuesday, October 9 2007 - Atlanta Latino,
Inc., publisher of metro-Atlanta's premier publications,
Atlanta Latino Newspaper and Más Entertainment
Publication, today announced that it has retained
Smith-Capital, LLC in partnership with Cross Country
Capital, LLC to provide strategic investor relationships
and financial services in order to facilitate
a $1,500,000 equity capital investment to accelerate
the growth and expansion of the Company.
"We're very happy to have partnered with
Smith-Capital & Cross Country Capital for
our expansion capital efforts," said Tony
Albertini, Vice President of Business Development
"With the sizzle surrounding the Hispanic
multi media industry, we know the time is right
to advance our growth strategy. The next twenty-four
months are going to be very exciting."
Nan Smith, Managing Partner of Smith-Capital,
LLC stated, "We are thrilled to be Atlanta
Latino, Inc.'s expansion capital partner. It is
our firm's pledge to utilize our complete resources
to make the process as productive and effective
as possible."
Atlanta Latino, Inc. provides advertisers with
a variety of multi media products and services
to effectively reach the immense Hispanic community.
Latino buying power in the United States exceeds
$800 billion.
ABOUT ATLANTA LATINO, INC.
Atlanta Latino, Inc. publishes Georgia's largest
bilingual weekly newspaper, Atlanta Latino Newspaper,
Más Entertainment Publication & produces
Atlanta Latino Informa Radio Show. Atlanta Latino,
Inc. also owns and operates metro Atlanta's premier
bilingual website: http://www.atlantalatino.com
and produces annual Hispanic Festivals through
its Cultural Events Division, including a singing
competition similar to the popular American Idol
television program, "Festival de las Americas".
ABOUT SMITH-CAPITAL, LLC & CROSS COUNTRY
CAPITAL, LLC.
SMITH-CAPITAL, LLC & Cross Country Capital,
LLC are Atlanta based firms that facilitate the
relationship between entrepreneurs and investors
by providing assistance with funding, consulting
and management. Our core group is a team of highly
successful entrepreneurs and investors with over
75 years of combined experience in company growth
and management.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains certain comments or
forward-looking statements that are based largely
on the Company's current expectations and are
subject to certain risks, trends and uncertainties.
These forward looking statements can be identified
by the use of such words as "will,"
"expect," "plans," "believes,"
"estimates," "intends," "continues,"
or the negative of such terms, or other comparable
terminology. Forward-looking statements also include
the assumptions underlying or relating to any
of the foregoing statements. Actual results could
differ materially from the expectations expressed
in these statements. Factors that could cause
actual results to differ include risks related
to required regulatory approvals or financing
not being obtained in a timely manner, or at all.
Also, risks include unforeseen material adverse
changes to our business or operations, risks that
any and all proposed transactions may disrupt
current plans, operations, and business growth
initiatives. These factors could cause actual
future performance to differ materially from current
expectations. Atlanta Latino, Inc. is not responsible
for updating the information contained in this
press release beyond the published date, or for
changes made to this document by wire services
or Internet providers.
|