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To: SSP who wrote (54046)7/11/2000 9:38:51 AM
From: herry iball  Read Replies (1) | Respond to of 150070
 
ADVC: news gives impact date of 12-14 days

SSP, not sure if this qualifies for G.L. status, but from PR yesterday:

May also confirmed, ``that approval of a very substantial grant for research and
development from the Australian Government had been approved recently, and that full
details would be made available in the next 14 - 21 days, once all documentation had
been completed''


Full PR Text:

Monday July 10, 9:43 am Eastern Time
Company Press Release
Advanced Communications Technologies, Inc. - New Broadband Network Acquisition
NEW YORK--(BUSINESS WIRE)--July 10, 2000--The Chief Executive Officer of
Advanced Communications Technologies Inc. (OTC BB - ``ADVC'') Roger May
announced today that Melbourne, Australia based Advanced Communications
Technologies (Australia) Pty Ltd (``ACT AUS''), that is twenty percent (20%) owned by
ACT USA (ADVC), has completed the acquisition of the entire wireless
communications infrastructure of NCSS Australia Pty Ltd.

NCSS owns and operates a broadband wireless network with points of presence and
tower sites in most key transmitting locations in the Melbourne metropolitan area and
surrounding regional Victoria.

Combined with the Victoria Communications network the new acquisition provides
ACT AUS with a substantial telecommunications wireless network structure that would
have taken ACT AUS one to two years and many millions of dollars to establish. The
new combined broadband wireless network provides an excellent opportunity to
generate immediate revenues from sales in the densely populated Melbourne and
southeastern Victorian regional area.

May said ``that the NCSS infrastructure provides extensive coverage of a very large
market area and secures valuable and strategically located points of presence (POP's)
from Melbourne and as far as Arthur's Seat on the Mornington Peninsula and Geelong.
Clients will be offered a broad range of products including wireless access to LAN's,
WAN's, virtual private networks VPN) and VoIP telephony together with broadband
internet data access.''

``ACT AUS will primarily position the network for channel sales through companies like
MCI ,Primus, and AAPT, and others, plus additional revenues which will be generated
through direct sales over our fixed wireless access network, utilizing point-to-point
(P2P) and point-to-multi-point (P2mP) wireless technologies. The new ACT AUS
wireless network infrastructure provides an especially attractive and viable alternative
for other telcos and ISP's.

The new wireless network infrastructure is especially suitable for effectively
demonstrating the company's multiple protocol operating system ``SpectruCell''.

SpectruCell - Multiple Protocol Operating System

Advanced Communications Technologies (Australia) Pty Ltd is in the completion
stages of the development of a ``state of the art'' multiple protocol operating system (
SpectruCell``) for mobile wireless network communications products, that is well placed
to become the primary communications network operating system for all wireless
communications technologies in the 21st Century.''

SpectruCell is an innovative and exciting new concept in mobile communications
networks that has been developed in Australia over the last three years in conjunction
with RMIT University in Melbourne. A SpectruCell base station is a software-defined
radio (SDR) switching device capable of processing multiple protocols (GSM, CDMA,
3G, etc,) all over the same cellular telephone network. The major difference between
SpectruCell and existing products is in the flexibility offered to network providers by way
of its open architecture and software upgradeable design.

SpectruCell will support the next generation of evolving mobile communications base
stations or cells. Unlike existing networks, it has been designed with an entirely new
wireless network architecture that is capable of processing and transmitting all mobile
communications protocols (such as AMPS, CDMA, TDMA, GSM, W-CDMA, UMTS,
Mobile IP, Voice IP, 3G protocols), all within the same telecommunications network
structure.

Simon Cleary, Vice President Research and Development for Advanced
Communications Technologies, recently confirmed that the prototype development is
on schedule for completion in late August early September. The ACT development
team has already successfully demonstrated GSM functionality running on real-time on
operational SpectruCell hardware.

Other developments initiated by the development team within ACT AUS are:

Spectrally Efficient Microwave Units

Using intelligent modulation techniques and link monitoring software to achieve a
spectrally efficient high-speed microwave link capable of achieving 4.5 - 7.5 times the
data/voice carrying capacity within the same bandwidth as existing microwave links.

Smart Antennas for Cellular Communication Systems

The ability to use smart antennas in cellular networks improves delivery both to and
from the mobile unit. This project is not only looking at the use of smart antenna DSP
technology but also on how to effectively manage and deploy smart antennas within
mobile network infrastructure.

Future developments will be to utilize high-speed data rate modulation techniques
within the existing GSM and CDMA voice & data channels.

Advanced Communications Technologies is an Associate Member of the
Telecommunications Industry Association (http://www.tiaonline.org) and a member of
the International SDR forum (http://www.sdrforum.org).

Funding

May also confirmed, ``that approval of a very substantial grant for research and
development from the Australian Government had been approved recently, and that full
details would be made available in the next 14 - 21 days, once all documentation had
been completed''

Advanced Communications Technologies, Inc. (OTC BB ``ADVC'') owns twenty
percent (20%) of ACT AUS, and a proportionate equity in all of the ACT AUS
subsidiary companies.

The foregoing contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Such forward-looking statements involve certain risks
and uncertainties. The actual results may differ materially from such forward-looking
statements. The company does not undertake to publicly update or revise its
forward-looking statements even if experience or future changes make it clear that any
projected results (expressed or implied) will not be realized.



To: SSP who wrote (54046)7/11/2000 9:40:01 AM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
IIMC cooking, .39 x .40 some sellers at .37 .38 silly people.