Atlantis Technology Group's CEO Cancels 6,662,448 of His Own Free Trading Shares Previously Purchased Through the Open Market

MIAMI, FL--(Marketwire - August 14, 2009) - Atlantis Technology Group (PINKSHEETS: ATNO) CEO
Christopher M. Dubeau has submitted paperwork to cancel 6,662,448 of his
own free trading shares previously purchased through the open market to the
company treasury thus reducing the issued and outstanding shares as well as
the public float.

Information concerning the purchase of these shares can be found in the
latest form 4 filed on August 4th, 2009 by the CEO on the SEC website
here:
http://idea.sec.gov/Archives/edgar/data/812805/000100547709003432/xslF345X03/edgar123.xml

CEO Christopher M. Dubeau states, "I am very pleased to return to the
company treasury 6,662,448 shares I have previously purchased through the
open market for the benefit of the current shareholders as well as the
company." Mr. Dubeau went on to state, "We will continue to work towards
reducing more of the current issued and outstanding shares."

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.