Advanced Optics Electronics, Inc. Initiates Interactive Website and Provides Updates
Tuesday June 17, 8:33 am ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--June 17, 2003--Advanced Optics Electronics, Inc. (OTCBB:ADOT - News) has opened its new interactive website ahead of schedule to deliver broader data and information to both the individual and professional investor.
Updates to this site will now deliver timely and more detailed material, including current corporate developments in technical and financial areas. Identification of potential revenue sources, new joint ventures and licensing transaction updates will be monitored and updated constantly.
Significant interest has been received for the Company's co-development of the "color-check" device and process announced only last week. ADOT expects to firm with AOK Marketing to be responsible for all initial marketing after testing of prototypes in a limited manner is completed.
The Company believes that the effective date of Biomoda, Inc.'s (18.5% owned by ADOT) registration now pending with the SEC will be approximately June 30, 2003. Biomoda, Inc. is engaged in the cutting edge of early lung cancer detection by employing it exclusive methods for testing of pre-cancerous conditions and in the treatment of specific identified cancers.
Advanced Optics Electronics, Inc. (ADOT - OTC: BB) is a technology company based in Albuquerque, New Mexico. 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.
In addition to the core business of ADOT, the company has made a strategic technology oriented investment in BIOMODA, Inc. BIOMODA, Inc. (non public) is a company that holds patents and patents pending domestically and internationally for the early detection of Lung Cancer. ADOT currently holds approximately 18 1/2% of BIOMODA, Inc.
This news release contains forward-looking statements that involve a high degree of risk and uncertainty. Such statements include, but are not limited to, statements containing the words "believes," "anticipates," "expects," "estimates," and words of similar import. The Company's actual results could differ materially from any forward-looking statements, which reflect management's opinions only as of the date of this report, as a result of risks and uncertainties that exist in our operation, development efforts and business environment. The Company undertakes no obligation to revise or publicly release the results of any revisions to these forward-looking statements. You should carefully reviews the risk factors in other documents that the Company files from time to time with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q.
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Contact:
Advanced Optics Electronics, Inc.
505/797-7878
www.adotsite.com
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