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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: Shadow who wrote (4581)11/14/2000 9:42:12 AM
From: SCOOBEY-DO  Read Replies (1) of 4650
 
Advanced Optics Electronics Inc. Files Third Quarter 10Q

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Nov. 14, 2000--

1. Advanced Optics Electronics Inc. has just filed its 3rd
quarter 10Q which reflects an increase of 57% in net worth
over the corresponding period for 1999. In addition, it
reflects cash payments on the contracts in place.

2. During the past year, two directors of Advanced Optics
Electronics have exercised stock options which is evidence
of their continuing support of Advanced Optics Electronics Inc.

3. Advanced Optics Electronics Inc. has recently completed
the principal photography for a promotional film to support
Advanced Optics Electronic's primary thrust into the outdoor
advertising market. The film will be sent to potential
buyers of the flat panel displays as well as institutional investors.

4. Shareholders and potential investors in Advanced Optics
Electronics Inc. are encouraged to review our web site
which can be located at adotsite.com to receive a fuller
picture of what Advanced Optics Electronics Inc. is doing.

5. Advanced Optics Electronics Inc. notes with interest
that as of Nov. 10, 2000, Charles Schwab & Co. held over
10% of Advanced Optics Electronics Inc. outstanding shares
for various customers.

Advanced Optics Electronics Inc. (OTCBB:ADOT) 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 technology oriented investment in BioModa Inc. BioModa Inc. is a company that holds patents and patents pending domestically and internationally for the 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 adotsite.com.
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