To: SuperValu who wrote (13744 ) 8/27/1999 9:00:00 AM From: CIMA Read Replies (1) | Respond to of 13776
OGPS - Friday August 27, 5:04 am Eastern Time Company Press Release Omicron is Negotiating a Major Satellite-based Technology Acquisition BELLINGHAM, Wash.--(BUSINESS WIRE)--Aug. 27, 1999--Omicron Technologies, Inc. (OTC BB:OGPS - news) is in negotiations to acquire a 100% interest in a major satellite-based digital technology. This revolutionary product provides users with complete mobile access to realtime e-commerce, e-mail, music, information, navigation, two-way voice communication and gaming services as well as other unique features. The initial marketing focus for this product will be on the automotive, trucking and recreational vehicle markets. Potentially, the overall market for this multi-function product is immense as it stands to virtually replace many single function technology products. The service will provide digital quality communication with coverage over the entire North American Continent. A formal agreement for this acquisition is in process and anticipated within the next few weeks when further details will be released. Furthermore, management is pleased to announce that a major financing is in the final stages of completion. Details will be released soon. Other major developments are expected in the near future and will be announced as they occur. Omicron Technologies, Inc. is in the business of acquisition, research and development, and marketing of leading edge technologies for the Aerospace, Telecommunications, Defense, Consumer Electronics and Internet-based business concepts. Through the combined strategy of focusing on marketing niches and speedy development of its proprietary technologies, Omicron expects to gain significant market penetration in these areas. For further information, contact us toll free at: Telephone : 877/903-2288 Web sites : www.omicrontechnologies.com www.4value.com www.market-infocom.com www.thesubway.com OMICRON TECHNOLOGIES, INC. Barrett Sleeman, President NOTE: Safe Harbor for Forward-Looking Statements Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of prices, product demand, market compensation, risk inherent in the company's international operations, imprecision of reserve estimates and the company's ability to replace and expand reserves. -------------------------------------------------------------------------------- Contact: Omicron Technologies, Inc. Barrett Sleeman, 877/903-2288 www.omicrontechnologies.com www.4value.com www.market-infocom.com www.thesubway.com