***** NEW 10 PART ADOT INFORMATION SERIES STARTING TODAY ****
The material presented in this series has been taken from various sources some of which are : ADOT Offering Circular of January 21 1997, United States Department of Defence research papers, United States Patent Office papers, ADOT press releases, and ADOT advertising brochures and materials.
Each week an additional part will be printed . It is hoped that this series will answer many question that have been raised on this forum.
NOTE:...This 10 Part ADOT Information series IS NOT presented as a solicitation to purchase Advanced Optics Electronics,Inc
securities but is provided solely as information.
NEW ADOT 10 PART INFORMATION SERIES: PART 1
THE COMPANY
Several years ago the United States Department of Defense (DOD)became concerned about it's inability to meet future needs in the area of Flat Panel Displays(FPD) . These - very limited - FPDs would soon have critical uses through out all the branches of the U. S. Armed Forces . Taken from a U.S. DOD research paper (Sept 30 ,1994) on the subject is the following: " U.S. national security requirements will not be met by current domestic or for foreign suppliers. The world's dominant supplier and technology leader (with approximately 55% market share for mainstream active matrix LCD displays) [which was /is Japan...my note]has stated that it will not directly supply technology or products to U.S. military , or make customized display products for military use available to U.S. defense contractors. Negative foreign private sector attitudes toward working with DoD are compounded by ambiguities in foreign government controls on the export of technologies tailored for military end use."
After this DoD paper was released the Clinton Administration and the then Secretary of Defence William Perry moved swiftly to fund private sector research on FPD technology.
Our focus now goes to this research at Los Alamos and Sandia Lab.
A small federally funded research company has just discovered something new ! (This newly discovered principle will revolutionize Flat Panel Displays and allow U.S. technology to become THE premier technology in this field). Quoting from U.S. patent papers is the following: "ABSTRACT: A spatial light modulator comprising a solid state light valve comprising a high density two-demension array of "kerr-cell" like pixels formed in a solid state electro-optical composition such as lanthanum modified lead zirconium titanate (PLZT).
Trans verse electrodes are deposited on a layer of PLZT the composition of which may provide for memory mode or non-memory mode operation. Pixels are defined .......
(This discovery was made several years before the DoD paper and U.S. funding started in earnest on FPDs. Patent papers reveal a filed date of Nov. 5 1991 and a final issued date of March 30,1993).
Thus, it seems a PLZTech company was later formed and derived its' name from this important discovery.
From ADOT's Offering Circular is stated: " ADOT was organized as a Nevada corp. on May 22,1996. It acquired the business and patents of PLZ Tech on November 7, 1996. ADOT is a electro-optic technology co. located in Albuquerque, New Mexico engaged in building large scale flat panel displays . After reviewing several markets(including but not limited to cockpit displays ,flat panel computer monitors, etc.) where it's patented technology could be best employed, the company has targeted the outdoor display market. This market is primarily comprised of billboards which are of a static nature.THe company's
panels would replace these billboards as a new install unit or replacement retrofit installation . Several scientists from the Los Alamos and Sandia Lab environment had contributed to the technology employed by the company.
PART 2 ..RISK FACTORS next week. |
