Investrend Announces Investment Opinion: ATNG Analyst Coverage to be Initiated by Investrend Research.

Business Editors

NOTE TO EDITORS: The following is an investment opinion issued by

Investrend

NEW YORK--(BUSINESS WIRE)--July 31, 2002

Analyst coverage of ATNG, Inc. (OTCBB: ATNG - News) is being initiated immediately by Investrend analyst Ryan C. Fuhrmann, CFA.

Reports relating to the continuous coverage of ATNG will be available at Investrend's web site at www.investrend.com, as well as from other leading investment portals.

ATNG, Inc., a Los Angeles based company, provides voice and data telecommunications services. ATNG's signature product is BlueKiwiTM residential long distance service. BlueKiwiTM is a flat rate, unlimited long distance calling plan offering instate and state-to-state calling in the contiguous U.S. for $34.95 per month or $49.95 depending on the customer's location.

ATNG's strategic objective is to become the industry leader in long distance telecom market by offering residential domestic monthly flat rate unlimited long distance service and minute based international long distance product as a first nationwide PTSP (Packet Telephony Service Provider). ATNG's goal is to achieve 1% market share or 1,000,000 customers of the U.S. residential long distance market within 18 months.

ATNG's mission is to operate a carrier-class packet data network to facilitate the sale and delivery of "BlueKiwi-branded" voice and digital data products to targeted residential markets, uniquely providing its customers convenient access to these products and services by the traditional telecommunications way. Initially, ATNG plans to focus almost exclusively on its BlueKiwi unlimited domestic long distance service and minute based international long distance service strategic initiative in the US residential and ethnic market.

For more information, visit www.atngroup.com.

Ryan C. Fuhrmann, CFA, has published a telecom industry analysis using publicly traded companies such as Dycom, Lexent, Mastec, and Quanta Services, and was as a member of the MBA Investment Fund, LLC, at the University of Texas School of Business. He is taking a position with Standard and Poor's in their Corporate Valuation Consulting group in Dallas. Most recently he was an analyst for Houston-based Dyer, Robertson & Lamme. Prior to this he was a portfolio manager in Chicago at Northern Trust Company where he managed individual discretionary and non-discretionary trust accounts. Mr. Fuhrmann is a Chartered Financial Analyst, member of the Association for Investment Management and Research and the Austin Financial Analyst Society.

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 60 AIMR-qualified professional analysts posting more than 400 reports to date. Anyone, including a company, investor relations practitioner, financial institution or interested private investor, may enroll a company for coverage. Enrollment fees vary, up to $1,950 per month for full, continuous coverage, an amount that is being paid by the company for a currently indeterminate period via a combination of cash and stock that will have been fully divested prior to the issuance of any report, to diminish or eliminate potential conflicts. Analysts are paid in advance for their initial reports by Investrend to insure independence. Full details of the company's policies and guidelines are posted on the web site at www.investrend.com.

Anyone interested in receiving alerts regarding ATNG research should e-mail [e-mail] with "ATNG" in the subject line.