To: John M. who wrote (12623 ) 10/27/1999 10:59:00 AM From: Jim Bishop Read Replies (3) | Respond to of 150070
OGPS more news today: OMICRON TECHNOLOGIES, INC. October 27, 1999 NEWS RELEASE OMICRON FORMS STRATEGIC ALLIANCE WITH DYNCOM Omicron Technologies, Inc. (OTC BB: OGPS) has entered into an agreement with DynCom Inc., a privately held corporation of Fort Collins, Colorado. The agreement calls for the exchange of 200,000 shares of Omicron stock for 600,000 units of one share and one warrant of DynCom stock. If all warrants are exercised, Omicron will own over 26 % of outstanding DynCom stock. DynCom Inc. is a creator of e-solutions employing "smart card" and "smart device", proprietary, biometric, and Internet/Intranet technologies into effective and efficient e-solutions, e-applications and e-products. DynCom is a leader in the developing Smart Card industry and has established the first Smart Card technical laboratory creating applications and products that will have wide spread use in many industries. In the words of DynCom's President and CEO, Curt Jansen, "Smart Card technologies are an important security feature, much like a key to a lock. By adding biometric technologies such as finger print scan or eye retina scan, it can be certain that not merely is the card present, but also only the properly pre-authorized person can use the key. However, Smart Cards and Smart Devices will be much more than just keys; they will include applications that provide substantial benefits for both consumers and businesses." Both companies expect and look forward to extensive cooperation in speeding development and marketing of their various products. In particular, Omicron anticipates that the DynCom "smart card" and "smart technologies" will have many valuable applications for customers of its interactive gaming sites. Omicron Technologies, Inc. is in the business of acquisition, research and development, and marketing of leading edge technologies and Internet-based business concepts. Through the combined strategy of focusing on market niches and speedy development of its proprietary technologies, Omicron expects to gain significant market penetration in these areas. For further information, contact Omicron Technologies Investor Relations: Toll Free: 877-903-2288 E-mail: rick@omicrontechnologies.com Web Sites: www.omicrontechnologies.com www.radiosat.com DynCom Telephone: 907-416-0001 Web Site: www.d-c.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.