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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: Fred C. Dobbs who wrote (9023)11/30/2000 9:44:02 AM
From: Rory McLeod  Read Replies (1) of 9096
 
Advanced Communication Technologies Announces Commercial Test of SpectruCell Base Station with Platforms Wireless International Corporation -- Commercial Testing for Brazilian market in March 2001 -

November 28, 2000

IRVINE, Calif., Nov 28, 2000 (BUSINESS WIRE) -- Advanced Communications Technologies Inc., (OTCBB:ADVC), today announced that it has entered into a Strategic Alliance Agreement with Platforms Wireless International Corporation (OTC:PLFM) to deploy an airborne version of the SpectruCell software defined radio wireless base station for commercial testing in a pilot network test in Brazil in early 2001.
Platforms Wireless International Corporation ("Platform") has contracted with Advanced Communications Technologies Inc. ("ADVC"), on an exclusive basis, to provide a SpectruCell airborne wireless base station for an aerostat based communications platform.

The success of this collaboration will enable both companies to significantly expand the global market potential for their products through airborne wireless communications networks that are not limited by specific wireless system protocols.

"The airborne communications solution is an effective way of implementing a wireless network without having to incur the high costs and deployment delays associated with the establishment of land based networks. We expect this undertaking will produce one of the most advanced and cost-effective wireless communications system prototypes available on the market," stated Roger May, CEO of ADVC.

The SpectruCell system deployed in Brazil will initially provide functionality for the TDMA communications protocol, however, the software defined radio platform of SpectruCell will enable the Airborne Relay Communications "ARC" System to process multiple protocols by simply adding protocol specific software modules.

SpectruCell's multiple protocol functionality allows for the provision of advanced wireless communication services without specific protocol limitations, facilitating the penetration and expansion of rural, emerging-nation, and under-served global markets without existing land based infrastructure.

Earlier this year, Platforms entered into a conditional contract with Americel S.A., one of the leading cellular telecommunications providers in Brazil, to use the Platforms' revolutionary ARC System as an airborne telecommunications switching platform, aboard an aerostat infrastructure. The contract calls for up to five ARC Systems valued at approximately $65 million each (total $325 million), with commercial testing of the System scheduled to begin in March 2001.

About Platforms International

Platforms International Corp., with headquarters in Los Angeles, is the developer and marketer of the revolutionary wireless communications technology known as the Airborne Relay Communications "ARC" System, and its family of Airborne host infrastructures, the ZER0GRAVITY AEROSTRUCTURES(R). These revolutionary advances in the field of wireless communications technology provide the most efficient and cost-effective, broadband voice and data communications alternative for augmenting, replacing, and supplementing terrestrial wireline and cellular telecommunications infrastructures, as well as high- and low-earth orbiting satellites at a small fraction of the cost and time it takes to deploy conventional systems. Platforms recently announced its first ARC System Conditional Contract with Americel S.A., one of the leading and fastest growing cellular telecommunications providers in Brazil. Platforms can be found on the Web, at: www.plfm.com.

About Americel S.A.

AMERICEL (http://www.americel.com.br), one of the most progressive and fastest growing cellular service providers in Brazil, increased their subscriber base by more than 900% in their first full year of operations. The company currently serves more than 250,000 subscribers, and owns licenses to provide a wide variety of cellular services to the Centre-West region of Brazil: "Region-7." This Region covers seven states: Acre, Mato Grosso, Mato Grosso Do Sul, Rondonia, Goias, Tocantins, and the Federal District (Capital City of Brasilia), approximately one third of the total territory of Brazil, with a population of approximately 14 million people (http://www.americel.com.br/regiao7.htm).

About Advanced Communications Technologies Inc.

Advanced Communications Technologies Inc. (OTCBB:ADVC) is a "leading edge" global wireless communications company that has developed a proprietary, software defined radio, multiple protocol wireless base station technology, which allows for compatibility and adaptability of current and next-generation wireless system protocols. The company's flagship product, SpectruCell, is complemented by several other wireless technologies currently under development. Advanced Communications Technologies plans to market SpectruCell throughout North, Central and South America. The company is also marketing other proprietary wireless and networking products globally. For more information regarding Advanced Communications Technologies, visit www.act-usa.net.

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

CONTACT: Advanced Communications Technologies Inc.
Roger May, 949/622-5566; 011-61-3-9672-8888
or
Pondel/Wilkinson Group
Gary Maier/Michael Youn, 310/207-9300

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