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

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To: SCOOBEY-DO who wrote (4555)7/27/2000 9:27:11 AM
From: SCOOBEY-DO  Read Replies (1) of 4650
 
Advanced Optics Electronics Inc. Announces Science Advisor

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--July 27, 2000--Advanced Optics Electronics, Inc. (OTC BB:ADOT) Thursday announced that Dr. Brian Cox has just been appointed as science advisor to the company.

Cox's background includes a degree in mathematics from CAL Tech and a Ph.D. in biophysics from Indiana University. Cox has extensive experience with American Monitor Co. working with spectrometer design and ion selective electrode measurement and also with Scientific Software Co. involved in instrument interfacing.

Cox will advise and consult with Advanced Optics Electronics Inc., on their flat panel displays and data distribution for remote terminal locations.

"Dr. Cox's knowledge will enhance ADOT's engineering staff and provide the company with additional expertise," stated John Cousins, vice president of finance.

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% 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.adotsite.com.

CONTACT: Advanced Optics Electronics Inc., Albuquerque
505/797-7878
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