Mr. David Williams reports

ATLANTIS SYSTEMS CORP. REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 2012

Atlantis Systems Corp. has released its audited consolidated financial results for the year ended Dec. 31, 2012. Full results are available on SEDAR.

     CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS                               
  (in thousands of dollars, except per-share amounts)       

                                     For the year ended
                                               Dec. 31,                         
                                         2012      2011 
                                                                            
Revenue                              $ 10,672  $ 14,512 
Cost of revenue                         7,243    10,853 
                                     --------  --------
Gross margin                            3,429     3,659 
                                     --------  --------
Other income                            2,343       871 
                                     --------  --------
Expenses                                                                    
General and administrative              3,569     3,419 
Selling and marketing                     851       615 
Restructuring costs                       728       203 
                                        5,148     4,237 
Operating income                          624       293 
                                     --------  --------
Depreciation and amortization             167       206 
Finance costs                           1,676     2,154 
(Gain) loss on derivative liability      (537)      341 
Accretion expense                          70        12 
Foreign currency (gain) loss             (182)      233 
Writedown of investments                    -         6 
(Gain) loss on disposal of 
capital assets                             (7)        6 
                                     --------  --------
Net and comprehensive (loss)         $   (563) $ (2,665)
                                     ========  ========
(Loss) per share                                                    
Basic                                $  (0.06) $  (0.26)
Diluted                              $  (0.06) $  (0.26)

We seek Safe Harbor.