Advanced Communications Technologies in Key 3G Index
Included in Index Along With Such Industry Leaders as AT&T Wireless, Verizon, Nokia and
Motorola
LOS ANGELES--(BUSINESS WIRE)--Aug. 20, 2001--Advanced Communications Technologies Inc. (OTCBB:ADVC -
news; ACT-US) today announced that it has been included in the 3G-30 Index, an index of 30 companies that represent the
next generation wireless world as chosen by the 3G Newsroom, a leading wireless industry publication.
According to 3G Newsroom, the Index was created in order to define in one list, those companies which will have the greatest
impact on the future of wireless communications. Companies within the Index are in various wireless industry consumer and
commercial markets and include: AT&T Wireless; British Telecommunications; Convergys Corporation; Ericsson;
Motorola; Nokia; Siemens; Verizon Communications; and Vodafone.
``Advanced Communications Technologies was included in our 3G-30 Index because of its advanced development of
software radio technology,'' said Patrick Yuen, Site Manager for the 3G Newsroom. ``With the development of a large
number of digital standards around the world, software radio has huge potential to dynamically and flexibly adapt to different
radio environments. Software radio will play an important part in the future of 3G in allowing multiple standards to work
together. This was one of the major reasons why Advanced Communications Technologies was chosen.''
The 3G-30 Index is already attracting strong interest from the brokerage community and financial press who are keen to use
it as a benchmark for the performance of the next generation wireless industry. Formal agreements for use of the Index are
expected to be finalized in the coming months.
``We are pleased to receive such high level recognition of our achievements in the leading edge development of software
defined radio for both commercial and military applications,'' said Roger May, Chairman of ACT-US. ``The shift to 3G
technologies is inevitable but infrastructure costs remain the main challenge to the industry's growth. ACT's SpectruCell
technology can generate tremendous savings for wireless carriers by reducing the cost of providing a 3G network service by
up to two thirds over a traditional network roll out. This powerful advantage is derived from the fact that by implementing
SpectruCell, network operators need only install the one software-based radio rather than multiple hardware defined radios
that are only compatible with one protocol. We believe these features are the key reasons why major European and American
wireless carriers have expressed strong interest in installing SpectruCell into their next-generation networks.''
The full 3G-30 Index as well an article regarding the index, 30 Stocks That Can Change Wireless Communication can be
found at 3gnewsroom.com.
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. |
