ADOT - BIOMODA: Profitable Technology with Purpose Message Board

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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: erin4 who wrote (4551)	6/13/2000 3:55:00 PM
From: SCOOBEY-DO	Read Replies (1) of 4650

Advanced Optics Electronics Inc. Announces Elimination of Long-Term Debt; a Multimedia Transmission Prototype ALBUQUERQUE, N.M.--(BUSINESS WIRE)--June 13, 2000--Advanced Optics Electronics Inc. (OTC BB:ADOT) Tuesday announced the completion of a financial restructuring that eliminates 90% of its long-term debt, increasing the net worth of the company by approximately 17%. Advanced Optics Electronics Inc. also announced a proprietary prototype that transmits multimedia content to remote multiple locations networking flat panel images, color and text (utilizing its latest patent applied technology). The company will be demonstrating the system to customers who have expressed strong interest in purchasing the product. Additionally, ADOT is featured in the May 17th Forbes magazine annual look at U.S. regional economies along with AOL, MCI WorldCom and Sprint PCS. Advanced Optics Electronics Inc. is a developer of patented electronic display technology, utilizing ADOT's proprietary SLM (Spatial Light Modulator). This industry-leading technology can be utilized in many diverse fields including the production of flat panel electronic high brightness advertising billboards, medical testing equipment, military displays and high definition video transmission. In addition to the core business of ADOT, the company has identified and placed a strategic and high potential return investment in BioModa Inc. BioModa Inc. is a company that holds patents and patents pending domestically and internationally in the technology for early detection of lung cancer. ADOT currently holds approximately 20% of BioModa Inc. This news release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports to be filed with the Securities and Exchange Commission. CONTACT: Advanced Optics Electronics Inc., Albuquerque 505/797-7878 adot.org

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