Avatar Ventures Signs Memorandum of Understanding With Fantasy Sports Website Fantrax.com

Avatar Ventures Signs Memorandum of Understanding With Fantasy Sports Website 
CARSON CITY, NV -- (Marketwired) -- 11/19/13 --  Avatar Ventures
Corp. (OTC Pink: ATAR) ("Avatar" "ATAR" or the "Company") is pleased
to announce that it has signed a nonbinding Memorandum of
Understanding with Vauntek Inc. operating as Fantrax ("Fantrax.com"),
a Fantasy Sports Website.  
The Memorandum of Understanding contemplates a share exchange
agreement between the parties wherein Fantrax.com will become a
wholly owned subsidiary of Avatar or other arrangements will be made
satisfactory to the parties. The transaction contemplated will be
contained in a definitive agreement that is expected to be completed
on or before February 15, 2014.  
Edward Minnema, President and CEO of ATAR, commented, "We are
thrilled to sign this memorandum of understanding between the
parties. Fantrax.com is a premium Fantasy sports website with a
substantial user base. Fantrax.com is a company with increasing
revenues and we believe that once complete this transaction will
benefit both Fantrax.com and Avatar shareholders. This is a very
exciting time for all the parties involved and we look forward to
giving our existing and future shareholders a rare opportunity for
growth while at the same time assisting Fantrax.com with added
exposure thus adding to its membership base. We are optimistic that
the parties will reach a definitive agreement prior to February 15
According to a Forbes August 20, 2013 article citing statistics from
The Fantasy Sports Trade Association, they estimate that 32 million
Americans spend $467 per person or about $15 billion(USD) in total
playing fantasy sports. Roughly, $11 billion (USD) flows toward
football alone. These figures don't count ad revenue for fantasy
hosting sites. The NFL's annual revenue falls just under $10 billion
currently. So the "derivative" market has grown larger than the
foundational market. 
Lee Kleiner, President and CEO of Fantrax.com, stated, "Fantrax.com
looks forward to working with Avatar towards a definitive agreement
that is mutually beneficial to both parties. Fantrax.com is committed
to technical innovation and responsive customer service. Our "League
Manager" product -- the most widely used product in the industry --
is far superior to our competition and we are constantly introducing
new features that aren't available on competitor sites. Our goal is
to become the world's #1 fantasy sports destination."  
About Avatar Ventures Corp.
 Avatar Ventures Corp. founded in 2006 is
a public company currently investigating revenue producing business
ventures including those in the high tech sector. With an
advantageous share structure and through the building of a solid
management team, the company will endeavor to provide increased
shareholder value and at the same time minimize dilution so as to
provide maximum return for shareholders. We invite current and
prospective shareholders to contact us and learn more about our
company by calling Ed Minnema or emailing him at the contact info
below. Avatar Ventures Corp. has registered a new website address,
www.avatarvcorp.com, which is currently under construction. 
About Fantrax.com: 
By developing the most powerful and sophisticated Commissioner/League
Manager product ever released, Fantrax.com has strategically
positioned itself as the most comprehensive fantasy sports website in
the industry. Intuitive functionality and cutting-edge customization
features allow fantasy sports experts and novices alike to manage
their leagues with more flexibility, ease-of-use and convenience than
any other league manager product. The feature comparison chart and
testimonials speak for themselves. Fantrax.com operates fantasy
leagues for NFL, MLB, NBA, NHL, NCAA football & basketball, NASCAR,
PGA and Premier League Soccer.. Fantrax.com is the first company ever
to offer a full-fledged commissioner product for this wide an array
of sports and leagues. Combined with the most detailed real-time stat
and analytic/reporting capabilities, a growing list of original
content and a wide variety of salary cap and draft games, as well as
soon-to-be-released daily games for all sports, Fantrax.com is a
complete one-stop shop for fantasy sports fans around the world. 
Safe Harbour Statement: This release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, and such forward-looking statements are made
pursuant to the safe harbour provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements" describe
future expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan," or planned, "will"
or "should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks that
actual results may differ materially from those projected in the
forward-looking statements. 
Avatar Ventures Corp.
Edward Minnema
(647) 706-1923 
Lee Kleiner
President and CEO 
1.800.275.3729 x704
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