SOURCE: Atlantis Technology Group

October 26, 2007 09:15 ET

Atlantis Technology Group Reports Due Diligence Progress in IVNET.TV

COLORADO SPRINGS, CO--(Marketwire - October 26, 2007) - Atlantis Technology Group (OTCBB: ATNOD) previously announced the Company has agreed to purchase a 12.5% equity stake in Intervision Network (a Florida company), owner and operator of IVNET.TV on undisclosed terms. The Companies have agreed to release the following information regarding the operations of IVNET.TV.

IVNET.TV is an integrated e-commerce, media communications solutions provider for international corporations. The company offers retailers, manufacturers, and services entities a multi-lingual single-platform system for business development, market penetration, product roll-out, and broadcast channel launch. IVNET.TV offers the world's first vertically integrated media, marketing development, and management and reporting system (IM3) which allows small businesses to streamline their communications, market and sell their products alongside major corporations in a demographically targeted virtual marketplace called PC2 (Parity Protocol for Commerce and Communications).The architecture of IM3 and PC2 derives from open source constructs; the development of the business process architecture has been completely internalized to IVNETTV. PC2 is a content management system offered under a subscription service which grants participants access to an online production and development suite (IM3).

Their Market:

IVNET will focus on contracting with international companies seeking a foothold in technology-savvy, growth markets such as the USA, Japan, Western Europe, England, and Argentina. IVNET will acquire and license content from a variety of sources, including independent filmmakers and musicians, as well as providing streams of branded, traditional content such as popular network TV shows.

Their Projections

IVNET.TV's average weekly viewer ship for last year surpassed 6.5 million. Taking into account the addition of premium content they estimate that fully 80% of their current viewers would register for a membership, based on surveys and return visitor polling. This would indicate initial annual gross advertising revenues of $13,520,000 based on full-sponsorship and an initial CPM rate of $50. IVNET.TV works with a group of talented entrepreneurs, and absorbs all research, development, and marketing costs.

Industry competition on the surface is significant -- with a plethora of broadband TV companies vying for every niche of the social community market.

Their Primary Competitors:

Damaka

An application that combines IPTV, instant messaging, VoIP, video conferencing, desktop sharing, file transfer, and Internet radio and video on demand (VOD), subscription services, customization of video services, and video-based targeted ads. Its essentially an out-of-the-box triple play solution that allows users to perform multiple functions simultaneously. Content channels are available including BBC, ESPN, CNN, and NASA. A white label offering of the online service is available for operators and media companies.

Joost

Founded by the creators of Skype and Kazaa, Joost holds a distribution agreement with Viacom, within which Joost will host MTV, Comedy Central, Nickelodeon, Country Music Television, MTV2, VH1, Logo, Spike TV, mtvU, BET, and Gametrailers.com programming. Joost will also provide content. This is a free service and also has a TiVo-like function along with program search engines.

IVNETTV believes they have created the world's first "enabled commerce" social community -- with ad revenue sharing and CPM conversions being translated instantly into commercial client sales. IVNETTV, operating as a search bar and web browser will provide subscribers access to all legally available premium content -- and allow them to earn products and credits for accessing it. They believe there is no single network which provides an integrated ecommerce and premium content application with a consumer-driven social community better than IVNET.TV.

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.

Atlantis Technology Group is engaged in providing debt and equity financing to public and private companies, as well as private equity funds, for working capital, acquisitions, management buyouts, projects and special situations within the newly announced target area. The Company's management intends to aggressively pursue new acquisitions that would enhance the existing portfolio of investments and that would be expected to enhance shareholder value through capital appreciation and dividend payments to the Company. Atlantis Technology Group intends to offer its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.

For further information:

Atlantistechnologygroup.com and IVNET.TV

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking information. Statements that are not descriptions of historical facts are forward-looking statements provided under the "safe harbor" protection of the Private Securities Litigation Reform Act of 1995. These statements are made to enable a better understanding of our business, but because these forward-looking statements are subject to many risks, uncertainties, future developments and changes over time, actual results may differ materially from those expressed or implied by such forward-looking statements. Examples of forward-looking statements are statements about anticipated financial or operating results, financial projections, business prospects, future product performance and other matters that are not historical facts. Such statements often include words such as "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions.

These forward-looking statements are based on the information that was currently available to us, and the expectations and assumptions that were deemed reasonable by us, at the time the statements were made. We do not undertake any obligation to update any forward-looking statements in this report or in any of our other communications, except as required by law, and all such forward-looking statements should be read as of the time the statements were made, and with the recognition that these forward-looking statements may not be complete or accurate at a later date.

Contact Information

  • Contact

    Additional Information:
    Tim DeHerrera
    CEO
    719-598-2469