ATNG Announces Service Contracts.Business Editors FENTON, Mich.--(BUSINESS WIRE)--Jan. 29, 2004 ATNG Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ATNG) announced today that it has taken steps to stabilize stabilize See peg. business activities and take advantage of more than 80% debt reduction and significantly less legal exposure. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Robert C. Simpson, Chairman-CEO, "We are focusing on earning revenues and profits by providing business development services for five clients (strategic partners). Fees charged for these services should provide over $2,000,000 this year from business development revenues plus expenses. Each entity is a strategic partner which we hope to acquire in part or as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. ." "The debt reduction, reduced legal exposure and revenue generated could help us achieve profitability as early as the second quarter of 2004," continues Simpson. Information on ATNG's strategic partners will be available on the ATNG website by March 1, 2004, as well as biographical information on ATNG's four new Directors. ATNG received a request on January 27, 2004 from DK Holdings LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control requesting information pursuant to SEC Rule 14d-5. That requested was rescinded by DK Holdings LLC on January 28, 2004. Robert C. Simpson, Chairman-CEO commented, "We have no intention of letting anyone take over this company without a fight, considering the progress we have made and how close we are to profitability." ABOUT ATNG ATNG is a growing company specializing in business development. Our web site provides a communication link to those interested in our progress. Web site: www.atnginfo.com Contact information: ir@atnginfo.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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