SOURCE: Atlantis Technology Group

December 21, 2007 12:07 ET

Atlantis Technology Group Subsidiary Global Online Television Corporation (GO TV) Names Daniel J. Lupo to the Board of Directors

COLORADO SPRINGS, CO--(Marketwire - December 21, 2007) - Global Online Television Corporation ("GO TV"), subsidiary of technology company Atlantis Technology Group (OTCBB: ATNO), announced that Daniel J. Lupo has joined the Board of Directors.

Mr. Lupo is a savvy financial insider with a unique perspective on the emerging technological marketplace and an extensive global contact network. He has served as a Senior Dealer with several prominent FOREX dealers, including Forex Capital Markets, LLC and Tradition (N.A.), Inc., both based in New York City. Mr. Lupo completed his studies at Columbia University where he earned his B.A. in Economics and Political Science.

At the outset, Mr. Lupo will be focused on the development and oversight of the marketing and sales of the GO TV product line, which include IPTV set-top boxes with revolutionary and proprietary firmware scheduled for launch in Quarter 2 of 2008. Together with Olivier Vallez and Richard A. Luthmann, Mr. Lupo will be a member of the Marketing and Sales Committee of the Board of GO TV.

GO TV Chairman and CEO Richard Luthmann commented, "Mr. Lupo is an exciting addition to our Board of Directors. His extensive connections and specialized market know-how will be an excellent addition to the GO TV team. We have aggressive plans for expansion that have already been set into action and Mr. Lupo will only enhance the rapid growth that we anticipate."

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.

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

  • Additional Information:
    Tim DeHerrera
    CEO
    719-598-2469