Last Atlantis Capital Management Appoints Former Head of Midwest Discount Brokers as CFO and CCO

Chicago, IL, June 08, 2006 --(PR.com)-- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the appointment of Gary DeWeese, former president of Midwest Discount Brokers, as the firm’s new Chief Financial Officer and Chief Compliance Officer. In addition to his role overseeing the firm’s regulatory operations, Mr. DeWeese is directing development of Last Atlantis’ proprietary fund management software and account management systems.

During his ten-year tenure at Midwest Discount Brokers, Mr. DeWeese held numerous positions including serving as a member of the Board of Directors. As the firm’s president from 1997 to 2002, he was directly responsible for day-to-day financial, sales and regulatory operations.

Prior to then, he served MDBI in multiple positions including National Sales Manager where he was accountable for new business development, new ventures and alliances, and overseeing a sales force of over 120 registered representatives. As the firm’s CFO, he provided risk and financial analysis for the firm’s portfolio, and conducted and oversaw the company’s internal and external audit program.

“Gary’s tremendous experience in building and managing a diverse and wide-ranging financial services company will be of significant benefit as we continuously seek to control costs and provide our clients financial flexibility,” notes Irwin Berger, Last Atlantis’ Managing Director. “His in-depth understanding of operational and regulatory issues combined with his experience in managing a widely dispersed sales operation, will help Last Atlantis develop the tools and systems we need to provide exceptional service and value to our clients.”

Prior to joining Last Atlantis, Mr. DeWeese operated an independent securities industry consultancy providing executives of boutique broker/dealers regulatory and operational guidance.

Mr. DeWeese has twice been appointed by the Missouri Secretary of State to serve on that state’s Securities Commission Advisory Panel.

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 www.lacm-usvi.com.

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