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Revision History For: AOXY, diverse,undiscovered in the investment community

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ADVANCED OXYGEN TECHNOLOGIES; an extremely diverse company with little to no overhead, which allows for extreme high profit margin (40-70%) potential and earnings...
AOXY's greatest asset right now is not only it's diversification, but it's new strategic marketing and alliance with the Microsoft's of the world which will begin to propel it's revenues ten fold......
This is indicative of it's recent press release and heavy accumulation over the last couple of weeks:
ADVANCED OXYGEN TECHNOLOGIES, INC. SIGNS
CONTRACT WITH

Knowledge Alliance, Inc.

NEW YORK, May 21 /PRNewswire/ -- Advanced Oxygen Technologies, Inc. (OTC Bulletin Board: AOXY)
announced today the execution of a contract with Knowledge Alliance. AOXY will sell and support their regional
registration effort for Washington DC and Atlanta, GA marketing Knowledge Alliance's Public seat ATEC (Authorized
Technical Education Center) business, Distance Learning Programs, as well as expose customers to CBT Events
(Computer Based Training) and Consulting services provided by Knowledge Alliance, effective immediately.

Knowledge Alliance, based in Connecticut, is a national supplier of Microsoft certification training to the public.

AOXY will support this contract through its Santa Clarita, California offices. Robert Wolfe, CEO of AOXY said, "The
opportunity for AOXY to work with Knowledge Alliance in their developing and growing business of certification
programs is a perfect fit to our ability to reach senior executives responsible for training decisions and our companies
strategy via sales."

This release may contain forward-looking statements regarding future events and the future performance of
Advanced Oxygen Technologies, Inc. that involve risks and uncertainties that could cause actual results to differ
materially including, but not limited to, economic conditions, customer demand, adequacy of financing, increased
competition in the marketplace, ability to enter in a new market and other factors.

SOURCE Advanced Oxygen Technologies, Inc.

-0- 05/21/98 /CONTACT: Robert Wolfe of Advanced Oxygen Technologies, Inc., 212-808-3061/

/Web site: aoxy.com (AOXY) CO: Advanced Oxygen Technologies, Inc.; Knowledge Alliance, Inc. ST:
New York, California, Connecticut IN: MTC CPR SU: CON

(21 May 1998 14:36 EDT)

aoxy.com