Atlantis Technology Group's Subsidiary Global Online Television Announces Projected Sales Revenues Over $50 Million

MIAMI, FL--(Marketwire - August 12, 2009) - Atlantis Technology Group ATNO subsidiary Global Online Television Corporation (GOTV) announces projected sales revenues of the GOTV service of over $50 Million US by year end 2010. This projected sales revenue was based on marketing research of the IPTV products offered by GOTV. The projected customer base exceeds 100,000 subscribers by year end 2010. This sales projection does not include the GO-V-Phone service soon to be offered.

IPTV statistics from RNCOS.com: "The Worldwide IPTV subscribers are forecasted to reach to 103 Million in 2011. Americas and Western Europe are expected to be the biggest markets on revenue per user basis. The worldwide IPTV Service Revenue is forecasted to reach US $38 billion and subscribers are forecasted to reach 53 million in the year 2009."

ABOUT GLOBAL ONLINE TELEVISION

Global Online Television Corporation was originally developed by Atlantis Technology Group as a media division that would explore and further 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, thus making it possible for 93% of the world's broadband users to relieve 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 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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Apparel RetailBroadcasting & Cable TVConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!