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To: Stockbull who wrote (91158)	9/4/2001 1:12:20 PM
From: Jim Bishop	Respond to of 150070

ETCH Elite Technologies Shows 4300% Revenue Increase ATLANTA, Sep 4, 2001 (BUSINESS WIRE) -- Elite Technologies, Inc. (OTC:BB ETCH) announced that it completed the filing of its annual 10K with the Securities and Exchange Commission on August 29, 2001. Highlights of the report include an increase in revenue over the previous year by approximately $13,000,000 (an increase of over 4300%). The company was further successful in the reallocation of its assets from soft intangible assets (i.e., goodwill, etc.) to that of hard tangible assets (i.e., increased Cash Reserves, Inventory, Accounts Receivable and Real Property). Dave Peacos, CFO for Elite commented, "The revenue as shown in the 10-K does not include approximately one million dollars of inter-company revenue, which was eliminated during the consolidation process. Considering that Elite was only able to show Icon's operating results for one quarter, Elite is proud of the revenue strides it has taken during the past fiscal year. Moreover, if one removes the non-cash charges as indicated on the consolidated statement of operations, such as depreciation, stock issuances stemming from stock based compensation and investment banking, the write-off of non recoverable assets, then considers the elimination of approximately one million dollars of inter-company revenues, Elite actually showed a positive operating position." Scott Schuster, Chairman of Elite stated, "The filing of our annual report, shows the steps Elite is taking to not only grow as a company in revenue and profits, but to ensure the synergistic aptitudes of the subsidiary companies. Elite will continue to seek out new acquisition targets in related markets during the coming year." Elite Technologies, Inc., through its subsidiary companies that include AMG, IET and ICON, provides hardware wholesale and retail distribution of computer parts and systems. Additionally, Elite designs, manufactures and distributes Internet "pay by minute" Kiosks throughout the US and foreign countries. Elite also owns Worldtouch, a telecommunication service provider that specializes in Voice Over IP technology. Notice: This release and oral statements made from time to time by company representatives concerning the same subject matter may contain so-called "forward-looking statements." These statements can be identified as "forecasts," "projects," or words of similar meaning and by the fact that the statements frequently are used in discussing regulatory submissions and approvals, development programs, etc. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance upon those statements. CONTACT: Elite Technologies, Inc. Dave Peacos, 770/559-4975 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) 2001 Business Wire. All rights reserved. -0- KEYWORD: GEORGIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS INTERNET SOURCE: Elite Technologies, Inc. * end of story *

To: Stockbull who wrote (91158)	9/4/2001 2:08:13 PM
From: SSP	Respond to of 150070

ATCM - yes Stockbull, Bluehorseshoe (ID=113) (Sep 4, 2001 11:42:54 AM)<BR> ATCM .053 x .054<P> Bluehorseshoe (ID=113) (Sep 4, 2001 11:44:43 AM)<BR> atcm up 71 %<P> Bluehorseshoe (ID=113) (Sep 4, 2001 11:46:51 AM)<BR> ATCM ut<P> Gemshine (ID=45) (Sep 4, 2001 11:48:37 AM)<BR> Blue, they ut'd the bid ATCM on a lot of 05 sells, hmmmmmm<P> etc etc .. all from TGL LIVE (The Golden Lists LIVE) tgllive.com