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: SCOOBEY-DO who wrote (4552)	7/12/2000 9:50:33 AM
From: SCOOBEY-DO	Read Replies (1) of 4650

Advanced Optics Electronics Inc. Announces Updated Coverage and Beta Testing Schedule ALBUQUERQUE, N.M.--(BUSINESS WIRE)--July 12, 2000--Advanced Optics Electronics Inc. (OTC BB: ADOT) Wednesday announced that Weston Partners, LLC (http://www.westonptnrs.com) has updated coverage of Advanced Optics Electronics Inc. The report focuses on demand for flat panel displays, ADOT's patent position and ADOT's holding in BioModa Inc. John Cousins, vice president of finance of ADOT, stated, "Weston Partners' report accurately reflects our prospects for the near future and captures our enthusiasm for our long-term potential as our products and markets develop." ADOT's Beta Testing will be completed within the next 30-40 days on its initial Mark I panel display. ADOT also stated that BioModa Inc. is continuing with its China initiative, opening an office in China that will be staffed by a Chinese national experienced in the science/medical field. ADOT is outsourcing certain aspects of assembly with a major electronics assembler used by Fortune 1000 companies. ADOT's previously filed patent for data distribution for large scale display has just received patent pending status from the U.S. Patent Office. Advanced Optics Electronics Inc. is a developer of patented and patent pending electronic display technology, utilizing ADOT's proprietary SLM (Spatial Light Modulator) light valve. This industry-leading technology can be utilized in many diverse fields including the production of "television quality" advertising billboards, medical equipment, military displays, computer monitors and high definition video transmission. ADOT currently holds three patents or patents pending. 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 percent 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. at 505/797-7878 or visit their Web site at www.adot.org. CONTACT: Advanced Optics Electronics Inc., Albuquerque 505/797-7878 www.adot.org

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