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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
The media development subsidiary of Atlantis Technology Group (OTC BB:ATNO.OB - News), 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."
Technology company Atlantis Technology Group (OTC BB:ATNO.OB - News) announced today that the record date of the three-for-one forward stock split has been changed to November 27, 2007 due to a delay in processing the necessary paperwork due to the Thanksgiving Holiday.
The forward stock split will occur automatically to Atlantis Technology Group shareholder accounts from the company treasury on November 28, 2007, at the applicable market price as of that date.
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 will automatically receive two additional shares of common stock for each share of record held on November 27, 2007, constituting a three-for-one forward stock split
The housing market in the US is in a deep recession, and research indicates further declines in new construction, sales and prices are imminent. By the end of next year, falling home values, combined with rising payments on adjustable mortgages, tighter lending conditions and, in all probability, a faltering job market, will have unleashed mass foreclosures -- estimated at several hundred thousand to two million -- unless something is done to keep people in their homes.
Top Producer Real Estate Media, backed by Atlantis Technology Group, has created a solution for many homeowners. The Foreclosure Triage Center will deploy strategies to help homeowners on the brink of losing their homes avert foreclosure. These strategies include, may include, but are not limited to, restructuring the delinquency through creative financing or a deed exchange arrangement.
Atlantis Technology Group (OTC BB:ATNO.OB - News) and Top Producer Real Estate Media, LLC, announced the companies are developing and will soon launch a "Foreclosure Triage Center" as part of the Top Producer Real Estate Media's line of web-based offerings.
Atlantis Technology Group CEO Tim DeHerrera is optimistic at the prospects of the new program. "While lenders generally are supposed to work with homeowners to restructure their mortgages, that doesn't always happen the way it should. There is certainly a niche market here for pro-active homeowners who see stormy clouds on the horizon but still want to keep their homes."
Top Producer Real Estate Media, LLC, is a Real Estate Media Company with an internet focus that allows Realtors and Brokers to connect directly with potential buyers the streaming internet video and other internet resources. The company provides high-quality internet resources to realtors and brokers in order to facility the exposure and sales in the real estate market and related markets. Where other similar internet companies have been disappointing in their services and earnings, Atlantis Technology Group has identified what it believes to this point have been several unexploited income streams.
Top Producer Real Estate Media, LLC, offers virtual walkthroughs, streaming videos and live webcasts to subscribing realtors. Top Producer Real Estate Media, LLC, also promotes ancillary local and national real estate-related products and services including but not limited to lenders and financing, security systems and solutions, architects, engineers, landscape design, landscaping services, interior designers, property lawyers, contractors and insurance providers.
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