New Executive Appointment & Key SDR/3G Conference Presentation
LOS ANGELES--(BUSINESS WIRE)--August 22, 2001--Advanced Communications Technologies Inc. (OTCBB:ADVC -
news; ACT-US) today announced that it has appointed Mr. Gary Ivaska as Executive Vice-President in charge of
international corporate and business development.
Mr. Ivaska has over 20 years of marketing and senior management experience serving both start-up and established
international enterprises in the telecommunication, aerospace, computer networking, government, industrial automation,
internet and security markets.
Most recently, Mr. Ivaska served as the Chief Executive Officer & President for ThemeWare Corporation, a company
recognized for their innovative and successful approach in providing internet and traditional based business solutions in
communications, consulting, e-commerce, financing, software, support and websites.
In the three years prior to 1999 Mr. Ivaska served as Worldwide Director for Alcatel in creating and implementing a global
partnership with UNISYS for system integration and consulting involving of 500+ international sales, system and field
engineers. Prior to this Mr. Ivaska was recognized for business development of prestigious programs and market share
growth with Cisco Systems, Hughes Aircraft, and Rockwell International in national and regional management capacities.
Mr. Ivaska received a B.S. degree in International Finance and Marketing from the University of Southern Illinois in 1981.
He has formal education in electronics engineering and corporate provided education in financial, media management, sales,
and technology areas.
``Gary's appointment is of major importance to the ongoing development and expansion of ACT's Spectrucell business and
the marketing and distribution of the group's other products such as the Automatic Meter Reading (AMR) device and Mobile
Information Manager (MIM) terminal. These products are now ready for marketing throughout the United States where we
have identified substantial opportunities for their application,'' said Roger May, Chairman of ACT-US.
Commenting on his appointment, Mr. Ivaska stated, ``I enjoy the passion and velocity of a high tech company and ACT is at
the centre of one of the fastest growing industries today. When I was offered the opportunity to join ACT-US and Roger
May's senior team, the choice was easy.''
ACT Selected for Key Conference Presentation
The company also wishes to advise that representatives of the company's Australian affiliate, ACT Australia, have been
chosen to present at the upcoming Networld+Interop Conference being held in Melbourne, Australia from September 5-7.
ACT's presentation will be part of a special event organised by the Australian Telecommunications Users Group (ATUG),
Australia's premier telecommunications industry body. The event's theme is BROADBAND - RHETORIC TO REALITY
and the company's paper will address the many solutions software defined radio can provide for broadband services in a
mobile wireless environment. The company expects that the paper will provide an excellent opportunity to showcase the
ability of software defined radio to provide a viable and competitive means for sharing mobile network infrastructure.
Following presentation, a copy of ACT's paper will be made available on the company's web sites.
The company wishes to advise that as a result of latest management restructure, Mr Jeremy Norton, Vice-President of
International Business Development has resigned for personal reasons.
About Advanced Communications Technologies
Advanced Communications Technologies Inc. (ACT) is a world leader in the development of software-defined radio (SDR),
an innovative technology that allows for exceptional flexibility in commercial and military wireless communications. The
Company's flagship product-SpectruCell, is a SDR multiple protocol wireless base station consisting of hardware and
software, that enables network providers to install a single base station and configure it to any or all protocols (GSM, CDMA,
UMTS, W-CDMA, etc). Without SpectruCell, network providers would need to install separate base stations for each desired
protocol. SpectruCell is supported by several patent filings that bypass 90% of Qualcomm's (Nasdaq:QCOM - news) patents on CDMA via hardware solutions. ACT
holds the exclusive rights to SpectruCell throughout the North, South and Central American markets and to other current and future products developed by its
Australian research and development affiliate, which is 20% owned by ACT-US. 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. |
