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[Dana Johnston]

Advantage Capital Development Corp (AVCP)

A business development company, which operates
specifically to meet the
needs of small and emerging companies that need
capital to grow.

Current Price: 0.175

Will it continue to grow higer? Please view exactly
what the company
does.
Please watch this one trade all week!

H0t Press Release: Advantage Capital Development Corp

Advantage Capital Development Corp. Portfolio Company
Pays Down Senior
Secured DebentureAug. 17, 2005-- Advantage Capital
Development Corp. announced today
that one of its portfolio companies, Global IT
Holdings Inc., has reduced
its debt to the company with a recent payment of
$250,000 against its
senior secured debenture.

Advantage Capital Development Corp. recently increased
its stake in
Global IT Holdings from 15 to 22 1/2 percent. Global
recently completed a
merger with High Road International, Inc. In
accordance with the
transaction the new public entity is now named Global
IT Holdings, Inc.
Global IT Holdings, Inc. now owns eighty-five (85%)
percent of all of the
fully diluted shares of the pink sheet company. The
company now trades
under the symbol.

"We are very pleased with our investment in Global,"
said Jeffrey
Sternberg, President and CEO Advantage Capital
Development Corp. "They've
leveraged our relationship to its fullest extent and
utilize our funding
to enhance their growth strategies."

According to Sternberg, Global is pursuing a growth
strategy and is
currently at various stages of negotiations with four
possible
acquisitions in the IT staffing industry.

"Through its subsidiaries Platinum IT Consulting and
Parker Clark Data
Processing, Global IT Holdings is managing its
internal growth while
actively seeking out acquisitions that are compatible
with its core
business," Sternberg said.

Platinum IT Consulting and its associated company,
Parker Clark Data
Processing have served the New York and New Jersey
Markets for 25 years
and have combined annual revenues in excess of $5
million.

According to the American Staff Association, U.S.
annual sales for
temporary help totaled $63.3 billion in 2004, nearly
on par with the
industry's sales peak in 2000 and 12.5% more than
2003. According to the
Association, for the past three decades the industry
has grown at a rate of
10 percent a year and additionally, ninety percent of
U.S. companies
use temporary staffing services.

About Advantage Capital Development Corp.

Advantage Capital is a business development company,
which operates
specifically to meet the needs of small and emerging
companies that need
capital to grow. Business development companies, as
defined under the
Investment Act of 1940, are specifically designed to
encourage the growth
of small businesses. The rules provide certain
financing advantages for
companies that invest in small and emerging
businesses. As a result,
this will include investing in both public and private
entities using
certain types of debt and equity financing not
normally available to other
public companies.

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