SOURCE: Atlantis Technology Group

March 09, 2010 10:00 ET

Atlantis Technology Group Board of Directors Unanimously Approves the 5 for 1 Forward Split

MIAMI, FL--(Marketwire - March 9, 2010) - Atlantis Technology Group (PINKSHEETS: ATNP) Board of Directors unanimously approves the 5 for 1 forward split at the March 5th, 2010 meeting. For every one share of Atlantis Technology Group that is owned as of the record date 4 additional shares will be issued. The requested record date and the pay date will be given out following the submitted documents to FINRA.

The Board of Directors decided to issue the Global Online Television Corporation dividend after the forward split of 5 for 1 has been completed.

The Board of Directors reviewed and approved the licensing agreements for Ireland and The Netherlands.

The Board of Directors approved the television advertisement campaign for the GOTV IPTV service and has released additional funding.

The board has issued funds to develop the IPTV MP4 embedded commercial advertisement company for the purpose of increasing the revenue for the GOTV IPTV service.

The board has issued funds to develop a video production company for the purpose of producing new content and adding additional revenue for the GOTV IPTV service.

Additional press releases will be issued detailing the individual decisions by the Board of Directors.

About Global Online Television (GOTV)

GOTV brings the largest internet protocol television networks together for your home television viewing. IPTV is TV to TV using standard broadband connections thus making it possible for 93% of the world's broadband users to receive its streams. Using the IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over any broadband internet connection. This means that if you already have a connection, like DSL or cable modem, then you're ready to go. To find out more about Global Online Television please visit http://www.gotvco.com.

About Atlantis Technology Group

Atlantis Technology Group was formed to establish privately held and publicly traded technology companies that focus primarily on high-growth investments that are at the leading edge of business and technological innovation. To find out more about Atlantis Technology Group please visit http://www.atlantistechnologygroup.com

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.