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To: Wayne Rumball who wrote (1434)8/27/1999 1:37:00 PM
From: 2MAR$  Respond to of 2942
 
(COMTEX) B: Omicron is Negotiating a Major Satellite-based Technology
B: Omicron is Negotiating a Major Satellite-based Technology Acquisition

BELLINGHAM, Wash., Aug 27, 1999 (BUSINESS WIRE) --
OmicronTechnologies, Inc. (OTC BB:OGPS) 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 theyoccur.

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, amongother 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.



Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Omicron Technologies, Inc.
Barrett Sleeman, 877/903-2288
www.omicrontechnologies.com
www.4value.com
www.market-infocom.com
www.thesubway.com

WEB PAGE: businesswire.com

GEOGRAPHY: WASHINGTON

INDUSTRY CODE: COMPUTERS/ELECTRONICS
COMED
MERGERS/ACQ
TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.



To: Wayne Rumball who wrote (1434)8/27/1999 1:55:00 PM
From: SuperValu  Respond to of 2942
 
EVCM . . . I have also been accumulating that one. I like it for the longer term. If you check their news releases, they are involved in gambling and telecommunications.

SV



To: Wayne Rumball who wrote (1434)8/27/1999 3:35:00 PM
From: Baram  Read Replies (1) | Respond to of 2942
 
Do you know what's going on with PGPG? It's going up fast.



To: Wayne Rumball who wrote (1434)8/27/1999 3:49:00 PM
From: Tom Allinder  Read Replies (3) | Respond to of 2942
 
Galtech DD (OTC-BB) GTSM
Shares:
O/S: 7.5M
Float: 1.2M (estimated)
I picked this stock up on a technical scan... these scans have been very good
this week. The stock shot up today and I bought at .45

This looked like a very interesting speculative play...
Essentially, here is GTSM's business (technical stuff):

Galtech is working on developing a reliable and repeatable process for growing
large area single crystal bulk compound semiconductor material. The focus of
this effort is the creation of a viable and inexpensive production capability
for Cadmium Telluride (CdTe) and Cadmium Zinc Telluride (CdZnTe). Future
development in of other II-VI compounds such as zinc sulfide, zinc telluride,
zinc selenide, cadmium sulfide, magnesium sulfide, magnesium selenide and
magnesium telluride. The II-VI (two-six) compounds have applications in the
field of "photo electronics". Devices such as photo cathodes (night vision
instruments), solar cells, and radiation detectors (used for such applications
as medical imaging equipment) are particularly well suited for the II-VI
compounds. The traditional market for these devices has traditionally been
military applications. As the market for these devices expands and these
devices are adapted for consumer use the market for these compound
semiconductor materials will also expand.

Millions of dollars have been spent by government, universities, and
private companies in an effort to develop a reliable process to produce
high quality single crystal CdTe. While some success has been achieved by
others this material is very difficult to grow in single crystal form. As
a result good material is limited and expensive and production yields are
low. If Galtech's development effort is successful this situation should
change significantly.

GTSM will be a reporting company shortly... see July 14 news.
See news of 25 August: biz.yahoo.com

Finally see this chart... stock has been under accumulation this month:
bigcharts.com

I will post more info as I get it...

Not a rec to buy... please do your own DD.

Tom