Atlas Oil and Gas, Inc. Announces Filing of 8K

Market Wire, October, 2008

Atlas Oil & Gas, Inc. (OTCBB: ATOG) proudly announces the filing of its 8K confirming the name change with the SEC. On October 14th, we announced the name change from Intellihome, Inc. to Atlas Oil and Gas, Inc. and the symbol change from IHME to ATOG. Filing our 8K conforms to SEC reporting rules and allows our potential investors to feel more secure with the trading of Atlas stock. "Keeping current with its filings with the SEC shows our dedication and professionalism to the investors of our company," noted Dan Motsinger, President of Atlas.

About Atlas Oil and Gas, Inc.

Atlas Oil and Gas, Inc. is focused on developing shallow natural gas and oil wells in Northeastern Oklahoma. Atlas is an independent energy development firm primarily engaged in the exploration, development, and production of oil and natural gas. The company relies upon its industry partners, well operators, third party geologists, industry consultants, petroleum engineers, and financial analysts whose combined industry experience is essential to the success of each project. With the growing demand on oil and natural gas in the United States, Atlas will focus its resources on accomplishing its goal of successful well creation and distribution.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

Contacts: Investor Relations M&M Investor Relations Dominic Martinez (866) 508-2092 Email: dominic@mandminvestorrelations.com