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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: ksuave who wrote (1932)10/26/1998 9:06:00 PM
From: JustMy2Cents   of 4650
 
Advanced Optics Electronics Inc. Increases BioModa Holding

Business Wire - October 26, 1998 08:57

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Oct. 26, 1998--Advanced Optics Electronics Inc. (OTC BB:ADOT)
announced that it has begun to exercise part of its option to increase its position in BioModa Inc.

By exercising this part of its option, Advanced Optics Electronics Inc. holdings in BioModa increased from 21.5 percent to
22.8 percent.

Advanced Optics Electronics Inc. option if fully exercised allows Advanced Optics Electronics Inc. position to move to
approximately 26.5 percent of BioModa Inc.

BioModa Inc. has patents covering its worldwide, exclusively licensed technology and have been issued in Australia,
Korea and the Russian Federation. Additional patents are pending in Europe, Asia and South America.

This news release contains forward-looking statements with respect to the results of operations and business of the
company that involves risk and uncertainties. The company's actual future results could materially differ from those
discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports to
be filed with the Securities and Exchange Commission.

Contact Advanced Optics Electronics Inc. at 505/797-7878 or visit their web site at adot.org.

CONTACT: Advanced Optics Electronics Inc., Albuquerque
505/797-7878
www.adot.org

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