SOURCE: Atlantis Technology Group

December 05, 2007 11:18 ET

Atlantis Technology Group Subsidiary Changes Name to Global Online Television Corporation ("GO TV") to Produce a Revolutionary Technology Combining Streaming Internet and High-Definition Television

COLORADO SPRINGS, CO--(Marketwire - December 5, 2007) - The media development subsidiary of Atlantis Technology Group (OTCBB: ATNO), Atlantis Media Group, has changed its name to Global Online Television Corporation ("GO TV"). The name change was precipitated by the close product development work that Atlantis Technology Group and Intervision, LLC, have been performing with respect to the iSTREAM Console.

The iSTREAM Console allows users the ability to watch high-definition streaming video and internet programs on their televisions. With software that has been developed by and is proprietary to Intervision, LLC, the iSTREAM Console also has the ability to instantly translate from the broadcast source language to one of thirteen user-selected languages.

One major reason for the name change was to announce a shift in focus for the Media Division of Atlantis Technology Group. According to CEO Tim DeHerrara, to correctly and efficiently further develop the i-STREAM Console, the media division's outlook must be directly focused on becoming an excellent complementary development resource and support structure. "When I want to work on my Ferrari, I do not put it out in the middle of the street, rather I put it on a lift in a garage with the correct tools to effectively work on a machine of that caliber. The same is true with the i-STREAM Console. With GO TV, we are trying to collect the media resources that will make the i-STREAM Console function as the revolutionary media outlet that we all know it has the potential to be."


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.

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Contact Information

  • Additional Information:
    Tim DeHerrera