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atlas technology group inc (ATYG) Snapshot

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02/14/14 - $0.0004
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atlas technology group inc (ATYG) Details

Atlas Technology Group, Inc., through its subsidiary, Racing Limos America, Inc., franchises race car themed stretch limousines with mobile advertising in the United States. The company specializes in mobile marketing partnerships and featuring advertising on limos similar to race cars. Its marketing packages include marketing and advertising on the Internet, in social media, and other conventional shared advertising. The company was formerly known as Tribeworks, Inc. and changed its name to Atlas Technology Group, Inc. in August 2007. Atlas Technology Group, Inc. was founded in 1996 and is based in Dover, New Hampshire.

2 Employees
Last Reported Date: 03/30/12
Founded in 1996

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atlas technology group inc (ATYG) Key Developments

Atlas Technology Group, Inc. Reports Revenue Results for the First Quarter of 2013

Atlas Technology Group, Inc. reported revenue results for the first quarter of 2013. For the quarter, the company's revenues just under $69,000 - about 57% of all 2012 company revenues and a 71.8% increase over the same quarter last year.

Atlas Technology Group, Inc. Plans for Global Expansion of its Brand and Franchise Operations

Atlas Technology Group, Inc. announced that it has solidified its plan for a global expansion of its brand and franchise operations. This expansion will include the U.S., Canada, the U.K. and very likely, the Middle East Region. The combination of the new business model and creation of international subsidiary companies is expected to bring $25 million in revenue over the course of the next 4-6 quarters. New corporate subsidiaries are being set up in Canada (Racing Limos Canada(TM)) and the UK (Racing Limos UK(TM)), which will be wholly owned under the company. A third corporate subsidiary for the Middle East is also being planned. Through research performed to date, the company estimates thousands of potential franchise locations worldwide. The business, with its expanding subsidiaries, will be focused strongly on marketing via multimedia and social media as well as advertising which eliminates much of the risk of the old business model, that being essentially a paid ride revenue model.


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