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Atlantis Technology Group Subsidiary Global Online Television Executed a Contract With FreeCause, Inc. to Provide a Shopping Mall and Search Toolbar for the GOTV IPTV Service
MIAMI, FL, Dec 02, 2009 (MARKETWIRE via COMTEX) --
Atlantis Technology Group (PINKSHEETS: ATNP) subsidiary Global
Online Television Corporation (GOTV) (www.gotvco.com) executed a
contract with FreeCause, Inc. (www.freecause.com) to provide a
shopping mall and search toolbar for the GOTV IPTV Service. The
shopping mall will be set to a specific channel enabling viewers to
shop directly from their TV at numerous stores like Best Buy,
Expedia, Wal-Mart, Amazon.com, Target, Office Max, Petco, Macys, and
many more. A complete list of over 2,000 online shopping stores will
be available on the company website.
A separate channel will be designated for individual store sales
enabling customers to scroll through the various sales without
actually visiting the individual store's home page.
Each time an individual makes a purchase from the shopping mall
channel GOTV will receive revenue from the sale. It is estimated from
previous marketing experience and other clients that each individual
subscriber generates approximately $34.00 per month in gross sales
revenue.
The toolbar will be installed directly into the web browser utilizing
each individual search as a possible revenue stream. Additional target
marketing will be gathered from each customers search criteria and
purchases. This will enable the shopping mall to show sales on what
types of products and stores each customer has an interest in.
Global Online Television Corporation projects the gross sales revenue
in 2010 to be over $40 million for the shopping mall channel and
toolbar yielding net revenues of over $2 Million.
About FreeCause, Inc.
FreeCause, Inc. As a global industry leader, FreeCause is dedicated
to provide cutting-edge engagement solutions that help to unlock the
value of constituent relationships for the benefit of nonprofit
organization and other affinity based groups.
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 establish privately held and
publicly traded technology companies that focus primarily on
high-growth investments that are at the leading edge of business and
technological innovation.
To find out more about Atlantis Technology Group please visit
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
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results, financial projections, business prospects, future product
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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
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forward-looking statements may not be complete or accurate at a later
date.
SOURCE: Atlantis Technology Group
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