St. Thomas, USVI -- (ReleaseWire) -- 08/04/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced it will maintain office space in St. Charles, IL as a back-up to its primary operations center in St. Thomas, US Virgin Islands.

Last Atlantis, a full-service alternative investment management company, will continue to be headquartered in St. Thomas with all trading, fund administration and sales activities. The St. Charles office, located at 525 Dunham, St. Charles, IL 60174 will provide the firm with a centralized US mainland address for back-up operations.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is master-feeder offering currently providing investors access to eleven segregated share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Tom Heffernan via phone at 1-340-777-5170, via email at theffernan@lacm-usvi.com or online at www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC
Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Short-Term Discretionary Futures is a discretionary program utilizing a blend of refined fundamental analysis and proprietary technical tools to identify broad market bias and develop low risk intra-day entry points. Fundamental analysts review, dissect and interrogate economic data and external market influences to determine a directional bias for the markets traded. As 70% of this program trades stock index futures, the advisors continuously analyze the subcomponents and/or the sectors that comprise each major index.

The program also incorporates proprietary mathematical models to measure price momentum, market inertia and the probability of wave patterns. These models help determine price entry and exit points, as well as determine how much potential risk is associated with any particular trade.

"Utilizing a tested composition of technical and fundamental analysis and refined modeling, Short-Term Discretionary Futures captures momentum primarily using index futures," notes Irwin Berger, Last Atlantis' managing director. "The result is a well-executed program structured to exploit directional bias and manage position risk."

The program primarily trades stock index futures (S&P 500, Nasdaq and Russell 2000), U.S. Treasury Futures (Ten- and Thirty-Year Bonds), currencies (Euro and Yen), and, to a lesser degree, the energy complex (crude oil and gasoline) and metals (gold and copper).

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Short-Term Discretionary Futures is a discretionary program utilizing a blend of refined fundamental analysis and proprietary technical tools to identify broad market bias and develop low risk intra-day entry points. Fundamental analysts review, dissect and interrogate economic data and external market influences to determine a directional bias for the markets traded. As 70% of this program trades stock index futures, the advisors continuously analyze the subcomponents and/or the sectors that comprise each major index.

The program also incorporates proprietary mathematical models to measure price momentum, market inertia and the probability of wave patterns. These models help determine price entry and exit points, as well as determine how much potential risk is associated with any particular trade.

"Utilizing a tested composition of technical and fundamental analysis and refined modeling, Short-Term Discretionary Futures captures momentum primarily using index futures," notes Irwin Berger, Last Atlantis' managing director. "The result is a well-executed program structured to exploit directional bias and manage position risk."

The program primarily trades stock index futures (S&P 500, Nasdaq and Russell 2000), U.S. Treasury Futures (Ten- and Thirty-Year Bonds), currencies (Euro and Yen), and, to a lesser degree, the energy complex (crude oil and gasoline) and metals (gold and copper).

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

By offering a choice of investment structures, Last Atlantis is providing clients greater flexibility in how they can allocate their investment dollars and manage their tax liability. As funds and managed accounts typically operate under different tax and investment guidelines, Last Atlantis clients can choose the best investment structure for their unique needs.

"Investors are always seeking greater consideration of their tax obligations and investing requirements, and we continue to develop alternatives which allow for that," notes Irwin Berger, Last Atlantis' managing director. "By providing clients access to many of our programs as funds or managed accounts, we can accommodate specific needs to a greater degree."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Short-Term Discretionary Futures is a discretionary program utilizing a blend of refined fundamental analysis and proprietary technical tools to identify broad market bias and develop low risk intra-day entry points. Fundamental analysts review, dissect and interrogate economic data and external market influences to determine a directional bias for the markets traded. As 70% of this program trades stock index futures, the advisors continuously analyze the subcomponents and/or the sectors that comprise each major index.

The program also incorporates proprietary mathematical models to measure price momentum, market inertia and the probability of wave patterns. These models help determine price entry and exit points, as well as determine how much potential risk is associated with any particular trade.

"Utilizing a tested composition of technical and fundamental analysis and refined modeling, Short-Term Discretionary Futures captures momentum primarily using index futures," notes Irwin Berger, Last Atlantis' managing director. "The result is a well-executed program structured to exploit directional bias and manage position risk."

The program primarily trades stock index futures (S&P 500, Nasdaq and Russell 2000), U.S. Treasury Futures (Ten- and Thirty-Year Bonds), currencies (Euro and Yen), and, to a lesser degree, the energy complex (crude oil and gasoline) and metals (gold and copper).

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

By offering a choice of investment structures, Last Atlantis is providing clients greater flexibility in how they can allocate their investment dollars and manage their tax liability. As funds and managed accounts typically operate under different tax and investment guidelines, Last Atlantis clients can choose the best investment structure for their unique needs.

"Investors are always seeking greater consideration of their tax obligations and investing requirements, and we continue to develop alternatives which allow for that," notes Irwin Berger, Last Atlantis' managing director. "By providing clients access to many of our programs as funds or managed accounts, we can accommodate specific needs to a greater degree."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

Jointly developed by the firm's quantitative analysts and traders, Proprietary Options incorporates Last Atlantis' Alpha+Network, the firm's incubator and trading technology infrastructure, to identify optimal market conditions for each arbitrage strategy. When analyzing the market in real-time, program traders select from the highly developed strategies to enhance returns.

"The Proprietary Options program comprises years of research, trading and risk management," notes Irwin Berger, Last Atlantis' managing director. "Using a basket of diverse arbitrage strategies, our traders have the flexibility to quickly capture opportunities under a wide range of market conditions."

With the launch of Proprietary Options, Last Atlantis now offers 14 different programs within its Master Fund, with most programs accessible to investors as a fund or as a managed account.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Short-Term Discretionary Futures is a discretionary program utilizing a blend of refined fundamental analysis and proprietary technical tools to identify broad market bias and develop low risk intra-day entry points. Fundamental analysts review, dissect and interrogate economic data and external market influences to determine a directional bias for the markets traded. As 70% of this program trades stock index futures, the advisors continuously analyze the subcomponents and/or the sectors that comprise each major index.

The program also incorporates proprietary mathematical models to measure price momentum, market inertia and the probability of wave patterns. These models help determine price entry and exit points, as well as determine how much potential risk is associated with any particular trade.

"Utilizing a tested composition of technical and fundamental analysis and refined modeling, Short-Term Discretionary Futures captures momentum primarily using index futures," notes Irwin Berger, Last Atlantis' managing director. "The result is a well-executed program structured to exploit directional bias and manage position risk."

The program primarily trades stock index futures (S&P 500, Nasdaq and Russell 2000), U.S. Treasury Futures (Ten- and Thirty-Year Bonds), currencies (Euro and Yen), and, to a lesser degree, the energy complex (crude oil and gasoline) and metals (gold and copper).

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

By offering a choice of investment structures, Last Atlantis is providing clients greater flexibility in how they can allocate their investment dollars and manage their tax liability. As funds and managed accounts typically operate under different tax and investment guidelines, Last Atlantis clients can choose the best investment structure for their unique needs.

"Investors are always seeking greater consideration of their tax obligations and investing requirements, and we continue to develop alternatives which allow for that," notes Irwin Berger, Last Atlantis' managing director. "By providing clients access to many of our programs as funds or managed accounts, we can accommodate specific needs to a greater degree."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

Jointly developed by the firm's quantitative analysts and traders, Proprietary Options incorporates Last Atlantis' Alpha+Network, the firm's incubator and trading technology infrastructure, to identify optimal market conditions for each arbitrage strategy. When analyzing the market in real-time, program traders select from the highly developed strategies to enhance returns.

"The Proprietary Options program comprises years of research, trading and risk management," notes Irwin Berger, Last Atlantis' managing director. "Using a basket of diverse arbitrage strategies, our traders have the flexibility to quickly capture opportunities under a wide range of market conditions."

With the launch of Proprietary Options, Last Atlantis now offers 14 different programs within its Master Fund, with most programs accessible to investors as a fund or as a managed account.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Previously, Mr. Huggins was a Senior Engineer for Yahoo!, specializing in security for Canadian banking and insurance products. He was the hiring manager for the initial Yahoo! Canada technical team and was responsible for overseeing general project management, infrastructure, and oversight of Yahoo!'s Canadian development groups.

"Paul's considerable development experience, team leadership skills, and knowledge of scalable data and security management will significantly enhance our testing and trading infrastructure," said managing director Irwin Berger. "As we continuously work to develop the next generation of alternative investments, Paul will ensure our critical real-time data systems meet our evolving needs."

Most recently, Paul has worked with Maysec Limited, a UK based information security consultancy, as Director of their EMEA and offshore audit practice; helping a diverse client base achieve Basel II, ISO, and Sarbanes Oxley compliance without compromising the efficiency of their vital real-time systems. Prior to Yahoo!, Mr. Huggins was senior project manager on one of the first large-scale consumer broadband rollouts pioneered by Shaw Communications and @Home Corporation.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to thirteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator technology infrastructure of professional trading firm Last Atlantis Capital, LLC.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

St. Thomas, USVI -- (ReleaseWire) -- 05/10/2006 -- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. Duggan will head the firm's advisory committee overseeing client service operations.

Prior to joining Last Atlantis, Mr. Duggan was president and CEO of Telco Specialties, which he led to $25 million in sales, and the INC 500 for three straight years. He orchestrated mezzanine financing to facilitate the company's IPO, and assisted with underwriter negotiations. Since departing Telco, Mr. Duggan has served as a third-party marketer working with hedge funds and family offices.

"Jim has tremendous experience in developing and implementing successful marketing and sales strategies in crowded markets," notes Michael DeMeritt, Last Atlantis' Marketing Director. "By helping to position us above the crowd, Jim will help drive our sales and development efforts into new channels."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Short-Term Discretionary Futures is a discretionary program utilizing a blend of refined fundamental analysis and proprietary technical tools to identify broad market bias and develop low risk intra-day entry points. Fundamental analysts review, dissect and interrogate economic data and external market influences to determine a directional bias for the markets traded. As 70% of this program trades stock index futures, the advisors continuously analyze the subcomponents and/or the sectors that comprise each major index.

The program also incorporates proprietary mathematical models to measure price momentum, market inertia and the probability of wave patterns. These models help determine price entry and exit points, as well as determine how much potential risk is associated with any particular trade.

"Utilizing a tested composition of technical and fundamental analysis and refined modeling, Short-Term Discretionary Futures captures momentum primarily using index futures," notes Irwin Berger, Last Atlantis' managing director. "The result is a well-executed program structured to exploit directional bias and manage position risk."

The program primarily trades stock index futures (S&P 500, Nasdaq and Russell 2000), U.S. Treasury Futures (Ten- and Thirty-Year Bonds), currencies (Euro and Yen), and, to a lesser degree, the energy complex (crude oil and gasoline) and metals (gold and copper).

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

By offering a choice of investment structures, Last Atlantis is providing clients greater flexibility in how they can allocate their investment dollars and manage their tax liability. As funds and managed accounts typically operate under different tax and investment guidelines, Last Atlantis clients can choose the best investment structure for their unique needs.

"Investors are always seeking greater consideration of their tax obligations and investing requirements, and we continue to develop alternatives which allow for that," notes Irwin Berger, Last Atlantis' managing director. "By providing clients access to many of our programs as funds or managed accounts, we can accommodate specific needs to a greater degree."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at http://www.lacm-usvi.com.

Jointly developed by the firm's quantitative analysts and traders, Proprietary Options incorporates Last Atlantis' Alpha+Network, the firm's incubator and trading technology infrastructure, to identify optimal market conditions for each arbitrage strategy. When analyzing the market in real-time, program traders select from the highly developed strategies to enhance returns.

"The Proprietary Options program comprises years of research, trading and risk management," notes Irwin Berger, Last Atlantis' managing director. "Using a basket of diverse arbitrage strategies, our traders have the flexibility to quickly capture opportunities under a wide range of market conditions."

With the launch of Proprietary Options, Last Atlantis now offers 14 different programs within its Master Fund, with most programs accessible to investors as a fund or as a managed account.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to fourteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Previously, Mr. Huggins was a Senior Engineer for Yahoo!, specializing in security for Canadian banking and insurance products. He was the hiring manager for the initial Yahoo! Canada technical team and was responsible for overseeing general project management, infrastructure, and oversight of Yahoo!'s Canadian development groups.

"Paul's considerable development experience, team leadership skills, and knowledge of scalable data and security management will significantly enhance our testing and trading infrastructure," said managing director Irwin Berger. "As we continuously work to develop the next generation of alternative investments, Paul will ensure our critical real-time data systems meet our evolving needs."

Most recently, Paul has worked with Maysec Limited, a UK based information security consultancy, as Director of their EMEA and offshore audit practice; helping a diverse client base achieve Basel II, ISO, and Sarbanes Oxley compliance without compromising the efficiency of their vital real-time systems. Prior to Yahoo!, Mr. Huggins was senior project manager on one of the first large-scale consumer broadband rollouts pioneered by Shaw Communications and @Home Corporation.

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to thirteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator technology infrastructure of professional trading firm Last Atlantis Capital, LLC.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

Previously, Mr. Keyes designed and implemented short-term equity trading systems and helped develop training curriculum for professional trading groups including Duncan Street Capital and Swift Trade Securities. He worked as a Research Analyst at Market Guidance System and has traded with firms in Toronto, New Jersey, Las Vegas and The Bahamas.

Prior to entering financial services, Mr. Keyes taught Physics at the University of Toronto, and has analyzed white dwarf spectral data from Mount Palomar Observatory for The University of Western Ontario. While at Bell-Northern Research in Canada, he conducted research on the electro-magnetic resonance cavity properties of telecommunications equipment. Mr. Keyes holds a Masters of Science degree in Experimental High Energy Physics from the University of Toronto.

"Darren's exceptional analytical and system design skills will help us continually enhance the performance of our trading systems," said Last Atlantis managing director Irwin Berger. "His on-going work in system optimization will help us better understand how to leverage and manage market dynamics to benefit our investors."

About Last Atlantis Capital Management, LLC

Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is a multiple share class product with a master feeder structure currently providing investors access to thirteen different share classes. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis "Turtles", and the incubator technology infrastructure of professional trading firm Last Atlantis Capital, LLC.

For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.

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