SOURCE: Atlantis Technology Group

Atlantis Technology Group

June 21, 2010 13:00 ET

Atlantis Technology Group Has Begun Development of the IPTV Web Sharing Community Called TellyTube

MIAMI, FL--(Marketwire - June 21, 2010) -  Atlantis Technology Group (PINKSHEETS: ATNP) has begun development of the IPTV web sharing community called TellyTube (http://www.tellytube.tv).

TellyTube will enable consumers to broadcast oneself like YouTube, but with advertisers who will pay customers for each view through embedded advertisement programs. The purpose of this site is to provide free IPTV programming to Set Top Box / Computer users as well as allow customers to generate income for their content. Atlantis anticipates the launch date for the Web Site to be July 22nd, 2010.

Atlantis feels with the rapidly growing IPTV industry, this type of business model will be a growing success. MRG is forecasting that the number of global IPTV subscribers will grow from 26.7 million in 2009 to 81 million in 2013.

With the approved spin off of Global Online Television Corporation, Atlantis feels that this subsidiary along with the IPTV video production and the MP4 embedded advertising company will bring significant value to the shareholders.

About Atlantis Technology Group

Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation. http://www.atlantistechnologygroup.com.

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