Advanced Technologies Group Reports Fiscal Year 2009 Financial and Operating Results

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Tue May 19, 2009 1:31pm EDT 

  RED BANK, NJ, May 19 (MARKET WIRE) -- 
Advanced Technologies Group, Ltd (OTCBB: AVGG) a developer of next
generation software platforms, today announced financial and operating
results for the year ended January 31, 2009.

    Advanced Technologies Group sold its 25% share in FXDirectDealer in
January, 2009. The aggregate purchase price was approximately $26,000,000,
of which $9,000,000 was paid in cash at the closing of the Sale and the
remaining $17,000,000 is payable in 36 equal monthly instalments of
$472,222.22, bearing interest at the rate of 10% per annum and evidenced
by a subordinated promissory note that was issued pursuant to a Cash
Subordinated Loan Agreement.

    Net income for the year was $16,617,629, or $0.91 per basic share and
$0.80 per fully diluted share. Investors are encouraged to read the
entire 10K (Annual Report) by visiting www.sec.gov or contacting Andrew
Barwicki at 516-662-9461 / andrew@barwicki.com.

    Alex Stelmak, CEO of Advanced Technologies Group, stated: "In addition to
the accelerated development and marketing of our PromotionStat and
Cyber-Fence software platforms, the Company intends to acquire and/or
develop brand new, state-of-the-art technologies as well as to explore
other lucrative business opportunities. To that end, we are reviewing the
possibility of entering into the aircraft recovery and used aircraft parts
business. Our preliminary independent research has shown the existence of
a substantial shortage of used aircraft parts and that healthy profit
margins can be made with respect to that environmentally friendly
business. Management will also consider investing in commercial real
estate ventures."

    Advanced Technologies Group, Ltd develops the PromotionStat software
platform, which assists on-line advertisers in monitoring their marketing
effectiveness, and the Cyber-Fence software platform, which provides
anti-cyber terror and anti-identity theft solutions.

    

Contact:
Investor Relations
Andrew Barwicki
516-662-9461
Email Contact

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