Just spotted this: American Access Technologies Approved for NASDAQ Listing
ALTAMONTE SPRINGS, Fla.--(BUSINESS WIRE)--April 8, 1999--American
Access Technologies, Inc. (OTC BB: AATK) announced today that it has
received approval for NASDAQ listing.
The company expects to begin trading on the NASDAQ SmallCap
market as of April 13. Its current symbol, AATK, will remain
unchanged.
"NASDAQ recognition of our growing assets and number of
shareholders is a significant milestone for American Access," said
company CEO Richard A. Murray. "This upgrade in our market liquidity
should make our shares of greater interest to institutional
investors," he noted.
American Access' patented, UL-approved Zone Cabling Termination
Cabinet (ZCTC) products for ceiling grids and raised floors apply the
concept of "Zone Cabling" to replace conventional telecommunications
wiring with a system that provides complete flexibility for voice and
data cabling infrastructures. In addition to the benefits of greater
convenience and ease-of-use, zone cabling is estimated to reduce the
long term cost of installing and maintaining a telecom wiring system
by as much as 70%.
American Access Technologies, Inc., based in Altamonte Springs,
FL, is a telecommunications technology company that develops,
manufactures and markets innovative products designed to support the
evolving structured cabling system components of the
telecommunications industry. Its core technology, the Zone Cabling
Termination Cabinet, is marketed nationwide in conjunctioo with
leading telecommunications equipment manufacturers and distributors
such as Graybar Electric Co., Inc., Anixter International Inc. (NYSE:
AXE), Kent Electronics (NYSE: KNT), Hughes Supply, Inc. (NYSE:HUG),
State Electric, Coleman's and Platt DSV Resource Center.
Customers of American Access include public companies such as
Fina, Inc. (NYSE:FIN); First Data Corporation (NYSE:FDC); Gateway 2000
Inc. (NYSE:GTW); Harris Corporation (NYSE:HRS); Household
International Inc. (NYSE:HI); Iomega Corp (NYSE:IOM); Lucent
Technologies Inc. (NYSE:LU); Mobil Corporation (NYSE:MOB); Cisco
Systems, Inc. (NASDAQ:CSCO); Level 3 Communications, Inc.
(NASDAQ:LVLT) and Sun Microsystems (NASDAQ:SUNW); as well as private
corporations and government entities such as the State of Tennessee
and school districts in Buffalo, NY and Dallas, Irvine and Richardson,
TX.
News and product/service information are available at
aatk.com.
NOTE:
This press release for American Access Technologies- Inc. may
contain forward-looking statements as defined in Section 27A of the
Securities Exchange Act of 1934, regarding events, conditions and
financial trends that may affect the Company's operating results and
financial position. Prospective investors are cautioned that
forward-looking statements are not guarantees of future performance.
Actual events or results may differ from the Company's expectations,
which are subject to various risks and uncertainties listed in the
Company's SEC filings.
This press release was prepared by The Cavior Organization, Inc.,
a public relations firm, based on information supplied by its client,
American Access Technologies, Inc. The information contained herein is
believed to be reliable, but has not been independently verified by
The Cavior Organization, Inc. None of the information contained in
this press release should be construed as an offer to buy or sell
securities, either directly or indirectly. Officers and employees of
The Cavior Organization- Inc. may from time to time acquire, hold or
sell a position in the securities mentioned herein.
--30--mj/ny*
CONTACT: American Access Technologies, Inc., Florida
Richard A. Murray, 407/865-7696
or
Agency:
The Cavior Organization, New York
Sam Cavior, 212/687-6070
caviorg@aol.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED
COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
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