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

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To: thomas a. burke who wrote (4575)10/17/2000 10:10:55 AM
From: SCOOBEY-DO  Read Replies (1) of 4650
 
News FWIW:

Advanced Optics Electronics Inc. Announces Positive Outlook for 2001

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Oct. 17, 2000--With the company's recently announced institutional financing, Advanced Optics Electronics Inc. (OTC BB:ADOT) expects to be able to put its plan into motion for 2001. The following are highlights:

-- Advanced Optics Electronics Inc. anticipates reporting revenues by the end of the 2nd quarter of 2001; possibly earlier.

-- ADOT has recently accelerated its plans to hire a marketing director in the next 60 days to capitalize on the qualified buyer requests for information regarding large-scale dynamic displays.

-- The company has just completed a marketing film to be distributed by Nov. 30, 2000 on a national and international basis. The recipients who would receive this film would be institutional investors and qualified potential buyers of the flat panel displays.

-- The company anticipates increased market sponsorship in the near future.

-- The company has recently set the price for its units at $395,000 and $1,490,000 respectively for its 2 meter x 3 Meter and its 3 meter x 8 meter flat panel displays.

-- ADOT anticipates filing its 3rd quarter 10Q by Nov. 7-9, 2000.

Advanced Optics Electronics Inc. is a technology company based in Albuquerque. The company maintains an R&D facility and manufacturing plant, and is engaged in building large-scale flat panel displays utilizing its patented and patent pending technology.

ADOT currently holds three patents or patents pending. This industry-leading technology can be utilized in many diverse fields including the production of High Definition Television quality advertising billboards.

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 adotsite.com.

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