Atlantis Technology Group (PINKSHEETS: ATNP) subsidiary TellyTube, Inc. announces a 10 day status update for the website TellyTube.tv. From the period of August 19th, 2010 to August 29th, 2010 the website TellyTube.tv has received 660,923 hits, 122,724 page views, and 23,516 visits. The TellyTube.tv website traffic has come from all over the world; the top demographic areas are the United States, India, Canada, China, Pakistan, and Mexico.

The advertisements on the TellyTube.tv website have begun to generate revenue while the website is still in beta showing a very positive testing result.

The TellyTube.tv website will no longer be in beta as of September 1st, 2010 and the users will begin to earn revenue from their videos. Significant updates and changes have been made over the past 10 days, to view a general list of these, please go to http://www.tellytube.tv/updates.aspx.

About TellyTube

TellyTube's web site TellyTube.tv enables consumers to broadcast oneself like YouTube but TellyTube users will earn revenue for each unique view. http://www.tellytube.tv

Join TellyTube on Facebook (http://www.facebook.com/tellytube.tv) and Twitter (http://www.twitter.com/tellytubetv).

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.

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