To: Rob-Art who wrote (75176 ) 12/21/2000 12:05:16 PM From: StocksDATsoar Respond to of 150070 WOW WEEEEEEEEEEE CHECK OUT ADVC....... Applies to -- ADVC Advanced Communications Technologies Secures $12 Million Line of Credit -- Ladenburg Thalmann Advanced Communications Technologies Secures $12 Million Line of Credit -- Ladenburg Thalmann IRVINE, Calif., Dec 19, 2000 (BUSINESS WIRE) -- Advanced Communications Technologies Inc. (OTC BB: ADVC), today announced it has executed final documentation to secure a $12 million equity line of credit with Ladenburg Thalmann, one of the oldest New York-based investment banking firms. This agreement completes the initial proposal that was announced in July of this year. Roger May, chief executive officer, said, "We are very pleased to finalize the Ladenburg Thalmann funding. They are an eminent and well respected investment banking firm. The credit facility will be utilized to support U.S. based marketing programs, develop the U.S. corporate infrastructure and drive strategic acquisitions designed to enhance the effectiveness of the company's flagship product, SpectruCell -- a revolutionary multi-protocol base-station technology for wireless telecommunications." The company recently announced that its Australian-based affiliate, Advanced Communications Technologies (Australia) Pty Ltd (ACT-AUS), has filed the second in a series of patents to provide protection for its SpectruCell technology. About Ladenburg Thalmann & Company Ladenburg Thalmann is a 125-year-old full-service investment bank and one of the oldest members of the New York Stock Exchange, having been established in 1876. It has five brokerage houses located across the country, and its research analysts actively cover more than 80 companies in numerous fields and monitor more than 200 companies. Since 1991, the company has completed in excess of US$6.5 billion in public and private financing and approximately US$10.9 billion in total corporate finance transactions. About Advanced Communications Technologies Inc. Advanced Communications Technologies Inc. (OTCBB: ADVC) is a leader in the field of Software Defined Radio that in conjunction with its Australian based affiliate has developed a proprietary, multiple-protocol wireless base-station, "SpectruCell." Through eliminating the use of Qualcomm (Nasdaq: QCOM) chipsets and protocol specific hardware and conducting all signal processing in software, SpectruCell provides for simultaneous support of multiple mobile communications protocols (CDMA, WCDMA, UMTS, GSM & 3G) all in the same base-station. Support for additional protocols is achieved through the uploading of software modules. By implementing the company's SpectruCell technology network providers will be able to maintain service to their existing customer base and preserve the utilization of their existing network infrastructure while at the same time securing a highly flexible migration path for evolving 3G-based protocols such as WCDMA and UMTS. SpectruCell is complemented by several other wireless technologies currently under development. Advanced Communications Technologies plans to market these products throughout North, South and Central America. For more information regarding Advanced Communications Technologies, visit www.act-usa.net. 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. CONTACT: Advanced Communications Technologies Inc. Roger May, 949/622-5566; 011-61-3-9672-8888 or Pondel/Wilkinson Group Gary Maier/Michael Youn, 310/207-9300 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. -0- KEYWORD: CALIFORNIA AUSTRALIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS NETWORKING SOFTWARE TELECOMMUNICATIONS PRODUCT STOCK SYMBOLS: [(advc)]