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Technology Stocks : ADSX -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (164)	12/10/1999 6:29:00 PM
From: DEER HUNTER	Read Replies (1) \| Respond to of 1129

there was a short press release concerning the name change..... APPLIED CELLULAR TECHNOLOGY TO CHANGE CORPORATE NAME TO APPLIED DIGITAL SOLUTIONS NEW NASDAQ TRADING SYMBOL: ADSX CHANGES WILL BE EFFECTIVE JULY 1, 1999 PALM BEACH, FLORIDA, June 22, 1999 – Applied Cellular Technology, Inc. (NASDAQ/NMS:ACTC) today announced that as of July 1, 1999 its new corporate name will be Applied Digital Solutions and its new NASDAQ stock trading symbol will be ADSX. The corporate name change was approved by the Company's stockholders at its June 5 Annual Meeting. Applied Cellular's Chairman and CEO, Richard J. Sullivan, stated, "Applied Digital Solutions is a more appropriate name for our company as it is indicative of our expanding role in the communications industry. We are focused on offering our customers integrated communications packages that exploit the power and speed of digital technology." Applied Cellular Technology is a full service communications company that provides integrated products and services to a wide variety of businesses throughout North America. The Company is comprised of five business divisions which work together to meet the growing communication needs of its clients. For more information visit the Company's web site at www.appliedcell.com. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are ‘forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results.