To: SSP who wrote (15628 ) 12/2/1999 2:16:00 PM From: Chris K. Respond to of 150070
ATEG news ! (BSNS WIRE) American Technologies Group Goes ''Dot Com''; Receives Stron American Technologies Group Goes ''Dot Com''; Receives Strong Buy Recommendation From Leading European Financial Internet Publication Business Editors MONROVIA, Calif.--(BUSINESS WIRE)--Dec. 2, 1999--American Technologies Group Inc. (ATG) (OTC BB:ATEG) Thursday announced that it has completely redesigned its Web site and has added a full electronic commerce section in order to take advantage of the growing business opportunities of the Internet. ATG's chairman and chief executive officer, Lawrence J. Brady said, "We decided some time ago that, as a major company, we should upgrade our Web presence. Our strategy, which is aimed at making ATG known as a developer, producer and seller of high-quality, environmentally friendly products, includes making it possible for consumers to buy our products on-line, directly from us. "In that way, we make it easier for people to find out who we are and how good our products really are." Each of ATG's consumer products, from The Force(R) Airborne Fuel Treatment to its newest product, Screen Magic, is now either available or will soon be available directly from ATG over the World Wide Web. Brady went on to say: "In addition to providing ATG with a source of direct retail income, the electronic commerce site will serve to disseminate knowledge and understanding of ATG and its role in improving environmental conditions on this planet. We are now truly a 'dot com' business." ATG plans to list its Web site with all major search engines and to provide professional web hosting in order to take full advantage of the power of the Internet. The URL for the ATG Web site isateg.com . The company also noted that it has received a strong "buy" recommendation from Stockreporter.de, a leading European financial internet publication. Past selections include FutureLink (FLNK), Teltran International (TLTG) and Advanced Lumitech (ADLU). Tim Kneib from Stockreporter said: "American Technologies Group offers investors a solid ground floor opportunity to benefit from a currently undervalued stock that is poised for significant upward movement. We are happy to be one of the first independent analysts to have identified ATEG and recognized its tremendous growth potential." ATG chairman and CEO Brady said, "We are very pleased to have been endorsed by such a prominent publication and added to a list of its successful recommendations. It is a validation of the tremendous progress we have made in redefining ATG and the fact that it is poised for real success." Included in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. --30--EZ/np* JC/np CONTACT: American Technologies Group Inc., Monrovia Lawrence J. Brady, 626/357-5000 or FNG & Associates Inc. George Mottel, 949/723-3830 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS MANUFACTURING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
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