SOURCE: Atlantis Technology Group

Atlantis Technology Group

June 09, 2010 14:00 ET

Atlantis Technology Group's Board of Directors Did Not Approve the Spin Off of Subsidiary Global Online Television Corporation

MIAMI, FL--(Marketwire - June 9, 2010) -  Atlantis Technology Group's (PINKSHEETS: ATNP) Board of Directors did not approve the spin off of subsidiary Global Online Television. The Board of Directors felt at this time that spinning off Global Online Television Corporation was not in the best interest of the shareholders.

Atlantis Technology Group will continue to have Global Online Television Corporation as a subsidiary while developing an IPTV MP4 embedded commercial advertisement company and an IPTV video production company with an IPTV web sharing community.

About Global Online Television (GOTV)

Global Online Television Corporation was originally established by Atlantis Technology Group as a media subsection that would develop research in the advancement of media-based technology. GOTV brings the largest Internet protocol television networks together for your home television viewing. IPTV is TV to TV, using standard broadband connections. By using the IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over broadband Internet connection. Any broadband Internet connection can be used, so there is no need to change providers. It is fast, simple, and affordable. To find out more about Global Online Television please visit http://www.gotvco.com

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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