Atlantis Internet Group Corp. CEO Interviewed by Wall Street Reporter, Discusses Revenue Proposal for States


HENDERSON, Nev., July 1, 2004 (PRIMEZONE) -- Atlantis Internet Group Corp. (Pink Sheets:ATIG), developer of proprietary online gaming software, announced today that Donald Bailey, President and Chief Executive Officer, was recently interviewed by Wall Street Reporter, a web-based financial news site.

Mr. Bailey provided a update on the company's product line and described the Company's product diversification strategy. Mr. Bailey discussed his proposal to reduce state deficits through passage of online gaming legislation. The interview features a discussion of the competitive advantages of Atlantis Internet Group Corp. and how it seeks to gain revenue from potential licensing agreements as well as its further development of its proprietary software.

The interview is accessible by visiting Wall Street Reporter at www.wallstreetreporter.com.

About Atlantis Internet Group Corp.(www.AtlantisInternetGroup.com)

Atlantis currently offers a variety of leading technological software products for the Internet Gaming industry from In-Room Gaming Systems to high-resolution Palm Pilot gaming products. Atlantis' online technology allows wagers to be placed from home, the office or anywhere in the world where allowed by law via the Internet, without the need to download resident files.

Utilizing licensed gaming executives as part of its executive consulting team to oversee its state-of-the-art online gaming products, Atlantis Internet Group Corp. is bridging the gap between traditional gaming casinos and online gaming. Atlantis Internet Group Inc. is the first company to interface its online games with industry standard player tracking systems.

Internet users can "play-for-fun" at www.atlantisinternetgroup.com. Games include: blackjack, roulette, craps, slots and more.

The games utilize industry-leading technology. In addition, the web site features links to Atlantis Internet Group clients, corporate information, and descriptions of products the company offers.

Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward looking statements. In some cases, you can identify forward looking statements by terminology such as "may," "will," "should," "could," "intend," "expects," "plan," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other comparable terminology. Although we believe that the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements.



            

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