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Advanced Technologies Group, Ltd. (the Company) was incorporated in the State of
Nevada in February 2000. In January 2001, the Company purchased 100% of the
issued and outstanding shares of FX3000, Inc. (formerly Oxford Global Network,
Ltd.), a Delaware corporation, the designer of the FX3000 currency trading
software platform. The FX3000 software is a financial real time quote and money
management platform for use by independent foreign currency traders. In March
2002, the Company transferred its FX3000 software to FX Direct Dealer, LLC a
joint venture company that markets the FX3000 software. The Company received a
25% interest in the joint venture in return for the transfer. The remaining 75%
of the joint venture is owned by Tradition, N.A., a subsidiary of Compagnie
Financiere Tradition, a major Swiss-based financial company. The un-depreciated
cost of the FX 3000 software at the date of the transfer was $1,670,485.
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