SOURCE: Atlantis Technology Group

Atlantis Technology Group

July 07, 2010 11:00 ET

Atlantis Technology Group's Board of Directors Issues a Statement to Shareholders Concerning the Spin Off and Merger of Global Online Television Corporation

MIAMI, FL--(Marketwire - July 7, 2010) -  Atlantis Technology Group's (PINKSHEETS: ATNP) Board of Directors issues statement to shareholders concerning the spin off and merger of Global Online Television Corporation.

To all shareholders Friday July 9th, 2010 is the last day to participate in the spin off of Global Online Television Corporation. As a shareholder you must continue to own shares of Atlantis Technology Group at the end of business on July 9th, 2010. If you are not currently a shareholder, in order to participate you must own shares of Atlantis Technology Group at the end of business on July 9th, 2010.

We would also like to state that the merger agreement with Global Online Television Corporation and the public entity is signed and executed. All Global Online Television Corporation shares will be exchanged for shares in the public entity at the time of the merger. The conversion ratio is one share of Global Online Television Corporation for one share of the public entity.

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

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.