HUUUUUUUUUUUUUUUUUUGE NEWS...FORMER APPLE CEO JOINS ADVC BOARD..
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ADVANCED COMMUNICATIONS TECHNOLOGIES INC. - New Executive Appointment -- Dr Gilbert Amelio -- - Director/Management Consultant
New York, New York, Feb 06, 2001 (Market News Publishing via COMTEX) -- New Director appointed to ACT-Australia and Australon Limited (ASX:AUR)
Advanced Communications Technologies, Inc., (ACT-US), announced that the former Chairman and Chief Executive Officer of Apple Computer Inc. (Nasdaq: AAPL chart, msgs), Dr. Gilbert F. Amelio, has agreed to join the board of directors of Advanced Communications Technologies Inc.
Dr. Amelio and his management team from Beneventure Capital, LLC have entered into a management consulting contract to provide management services to the company. It is anticipated that Dr. Amelio will assume the role of Chairman and CEO of ACT-US upon completion of a formal contract.
The agreement was reached in the Melbourne, Australia offices of ACT-US's affiliate, Advanced Communications Technologies (Australia) Pty Ltd (ACT-Australia), where Dr. Amelio has conducted an extensive review of the SpectruCell technology and had meetings with members of the SpectruCell development team.
Under the agreement, Dr. Amelio and his company Beneventure Capital will provide professional management services to ACT-US and ACT Australia, specifically directed at planning for the global commercialization of the SpectruCell multiple protocol wireless base station technology. Upon completion of the formal agreement, Dr. Amelio and his management team will assume management control of ACT-US.
In addition to Dr. Amelio's executive positions at Apple Computer Inc, he is currently a director of the US telecommunications giant SBC Communications (NYSE: SBC chart, msgs), while his distinguished career in high technology has included positions such as president of Rockwell Communications Systems, a billion dollar division of Rockwell International Corp. (NYSE: ROK chart, msgs), and chairman and CEO of National Semiconductor Corp. (NYSE: NSM chart, msgs). He holds 16 patents either singly or jointly and was co-inventor of the charge-coupled device (CCD), a technology that is at the core of most video and digital cameras.
Dr. Amelio will also join the board of Directors of ACT-Australia, and Australon Limited (ASX:AUR).
Dr. Amelio received his Ph.D. in Physics from the Georgia Institute of Technology and served as a member of its advisory board from 1981 to 1987.
"Gil's proven track record in the successful commercialization of several leading edge technologies combined with his many years of high level management experience, and his substantial experience in the telecommunications industries will provide the management expertise necessary to launch Advanced Communications Technologies, Inc. on a path to becoming a major communications and infrastructure provider in the global marketplace," said Roger May current chairman and CEO of ACT-US. "With the company rapidly approaching the commercialization phase of its key technology -- SpectruCell, we feel that Gil is the ideal leader to assist the company in the global commercialization of the SpectruCell technology. We are extremely pleased that he and his team have decided to join the company's effort."
Commenting on his appointment, Dr. Amelio said, "ACT's SpectruCell base station is one of the most exciting technologies I've witnessed in some time. Given the company's leadership in software defined radio (SDR) wireless systems, I feel ACT is in a strong position to become a dominant force in the global mobile wireless market. I look forward to contributing to this goal and to help generate strong returns for ACT investors."
About Advanced Communications Technologies
Advanced Communications Technologies Inc. (OTCBB: ADVC chart, msgs), in conjunction with its Australian based affiliate ACT Australia, has developed a proprietary, multiple-protocol wireless base-station, SpectruCell, and is a world leader in the field of Software Defined Radio (SDR). Through eliminating the use of Qualcomm (Nasdaq: QCOM chart, msgs) chipsets, protocol specific hardware and by conducting all signal processing in software, SpectruCell provides for simultaneous support of multiple mobile communications protocols (CDMA, WCDMA, UMTS, GSM & 3G) all in the same base-station. Support for additional protocols is achieved through the uploading of additional software modules. By implementing the company's SpectruCell technology network providers will be able to maintain service to their existing customer base and preserve the full utilization of their existing network infrastructure while at the same time securing a highly flexible migration path for evolving 3G-based protocols such as WCDMA and UMTS. SpectruCell is complemented by several other wireless technologies currently under development in Australia. Advanced Communication Technologies Inc. plans to market these products throughout North, South and Central America. For more information regarding Advanced Communications Technologies, please visit www.act-usa.net.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Advanced Communications Technologies
CONTACT: TEL: 61 3 9672 8888 Roger May, Chairman (in Australia)
MOBILE: 61 411 189 931
Email: actusa2000@aol.com
TEL: 949/622-5566 or 949/500-6288 Jeremy Norton, (in the US)
Vice President of International
Business Development
Email: jeremyn@adcomtech.net
In Australia:
TEL: 61 2 9 327-2579 or 61 403 199 811 Jason Webster, Manager --
Corporate Communications
Email: jason.webster@act-aus.net
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