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To: Jim Bishop who wrote (92418)9/25/2001 9:08:05 AM
From: Patricia Meaney  Respond to of 150070
 
ATTP:
Affordable Telecommunications Acquires Kiosk Web Access and Gains 20 Marketing

Locations in the
Western United States

Business/Technology Editors

HOUSTON--(BUSINESS WIRE)--Sept. 25, 2001--Affordable
Telecommunications Technology Corp. (OTC BB: ATTP), a rapidly-growing
provider and marketer of wireless telecommunications products and
services, today announced that it has acquired Kiosk Web Access, one
of the top providers of Internet kiosks in the western United States.
Through the acquisition, Affordable Telecommunications has added 20
Internet public access terminals (iPATs).
Kiosk Web Access is a privately-held firm that operates dynamic
Internet kiosks strategically placed in highly-populated national
parks. Affordable Telecommunications benefits from Kiosk Web's
relationship with one of the largest private U.S. National Park
management companies.
Steve Bethke, President and CEO of Affordable Telecommunications
Technology, stated, "Following the events of September 11, 2001, it is
imperative that we invest in U.S. companies and spur the economic
growth of the United States. The acquisition of Kiosk Web Access
provides Affordable numerous opportunities to grow revenues throughout
our nation's most popular resort and vacation spots."
Bethke continued, "With 20 iPATs located in Arizona, California
and Utah and more under development, Affordable can develop a powerful
new marketing channel to increase quarter-to-quarter revenues and
generate positive cash flow in the fourth quarter of fiscal 2001."
Terms of the acquisition were not disclosed.

About Kiosk Web Access

Kiosk Web Access is headquartered in Sedona, Arizona. The company
provides public Internet kiosks manufactured by Infotouch that provide
users on-demand, worldwide Internet access for a one-time fee.
Stations accept cash, credit cards and coupons. All kiosks are
equipped with video cameras, which allow customers to instantly send
images of themselves or others via the Internet. In addition, the
majority of the kiosks have telephone access. For more information,
visit www.kioskwebaccess.com.

About Affordable Telecommunications Technology Corp.

Affordable Telecommunications Technology Corp. capitalizes on the
explosive two-way messaging products and services sector- a market
projected to reach $300 million in annual sales with over 11 million
units sold by 2004. Affordable markets pre-paid and post-paid wireless
telecommunications products and services and through 11 retail stores.
The Company employs a 40-person direct sales force. Located in South
Texas and Louisiana, Affordable's retail stores include The Wireless
Store, Camera's Etc. and Beeper Boutique. Affordable is focused on
expanding its distribution channels and lowering customer acquisition
costs. Through its wholly-owned subsidiary, ZMail Media, Affordable
cross-sells its products on public Internet Access Terminals located
throughout the U.S.

Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act
of 1934, and are subject to the safe harbor created by those rules.
All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward- looking
statements that involve risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements.

For additional information, see www.thewirelessstore.net and
www.otcfn.com/attp.

--30--ma/bos*

CONTACT: Affordable Telecommunications Technology Corp.
Steven H. Bethke
713-988-8884
sbethke@flash.net
or
OTC Financial Network
Eddie Khoury, Investor Relations
877-385-0973 (toll-free)
781-444-6100 ext 644
eddie@otcfn.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: ADVERTISING/MARKETING COMPUTERS/ELECTRONICS
E-COMMERCE INTERNET TELECOMMUNICATIONS
SOURCE: Affordable Telecommunications Technology Corp.

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com





Sep-25-2001 12:34 GMT
Symbols:
US;ATTP
Source BW Business Wire
Categories:
MST/R/US/TX MST/I/ADV MST/I/NET MST/I/NET MST/I/TEL



To: Jim Bishop who wrote (92418)9/25/2001 9:09:08 AM
From: ChrisJP  Respond to of 150070
 
IDX and VSNX -- both good companies. I've mentioned them on other threads.

Can't say if the stocks prices have gotten ahead of themselves or not.

But in the case of VSNX, I can say "Rats !". lol

Chris



To: Jim Bishop who wrote (92418)9/25/2001 9:41:38 AM
From: ChrisJP  Read Replies (1) | Respond to of 150070
 
IBI = "Micro-Wheeee !" LMAO !

Message 16406427

Chris



To: Jim Bishop who wrote (92418)9/25/2001 9:46:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 150070
 
EXDS -- might be bottoming -- too crazy for me.

Chris



To: Jim Bishop who wrote (92418)9/25/2001 10:48:51 PM
From: M0NEYMADE  Respond to of 150070
 
Hellll Yeah!! Nasdaq Mulls Waiver of $1 Delisting Rule
By Siobhan Kennedy and Mark Weinraub

NEW YORK (Reuters) - The Nasdaq stock market is considering changing its regulations so the large number of companies whose share price has fallen below $1 may not be delisted, sources close to the situation told Reuters Tuesday.

There are around 669 Nasdaq companies now trading below $1 and many have already been delisted this year as the market fell sharply. Technology companies have been hit particularly hard.

Market watchers said a move to loosen the restrictions could be one way for Nasdaq to stabilize its market, the second-largest equities market in the world. The changes, if they occur, could lead to Nasdaq retaining the 15 percent of its companies that are currently flirting with the $1 barrier.

Nasdaq sends a company a notice telling it to shape up after it trades for less than $1 a share for 30 days in a row. If a company does not get its closing share price back above the $1 level for 10 trading days in a row during the next 90 days, Nasdaq sends it a delisting notice, which it can appeal.

An executive at a well-known technology company who asked that it not to be identified told Reuters the company had been informed by Nasdaq it would not enforce the delisting rule, even though the shares had traded below $1 for nearly 30 days.

The executive said the company's lawyers were told by Nasdaq it would waive its delisting regulations until at least the end of the year.

Another technology company, whose stock also has traded below $1 for more than 30 days, said Nasdaq officials had told it that they were reviewing the delisting regulations.

``I've talked to the Nasdaq twice this week about this and both times they've said there is going to be some kind of relief, but that they have not yet decided what it's going to be,'' a source at the company said.

A securities lawyer said Nasdaq has not strictly enforced its $1 rule on some companies he represents and whose share prices have fallen below the critical cut-off point.

The chief executive of a leading share dealing firm, who asked not to be identified, told Reuters he advised Nasdaq it needed to change its delisting rules.

``The bottom line is that test alone ... is not adequate,'' he said. ``There should be a few tests. The $1 rule doesn't really make any sense.

``The reality is there's a lot of companies that are $50 million to $250 million in market capitalization that certainly have a lot of shareholders and a lot of trading value and a lot of net capital ... and would qualify to stay on markets. But because we have this hard-and-fast $1 rule, they're subject to delisting.''

Nasdaq was ``closely monitoring these issues,'' but spokesman Scott Peterson said it was too early to make any statements.

The New York Stock Exchange (news - web sites) said it was not planning to relax its delisting rules, which are stricter than Nasdaq's.

``We look at these on a regular basis to ensure the levels of the standards, but we're not planning any special review in light of the events of the last couple of weeks,'' said Ray Pellechia, an NYSE spokesman.

TRADING PENNY STOCKS

Cromwell Coulson, head of Pink Sheets, a stock market that has no listing requirements for companies, said changes were appropriate. Many companies that have been delisted from Nasdaq have ended up being quoted on the Pink Sheets, such as speech recognition firm Learnout & Hauspie, software company AremisSoft Corp. and telecommunications firm Winstar Communication.

``In times of market instability regulators should (be) and have been flexible in standards rules governing listing requirements,'' Coulson said.

But relaxing the rules would be a bad idea because of the dangers involved with trading low-priced stocks, said Roy Smith, a professor of finance at the Stern School of Business at New York University.

``We don't want to support trading in securities of companies that are riskier than securities in general should be,'' he said. ``The penny stock sector has been where many of the so-called fraudsters have gone to manipulate markets.''

After the Sept. 11 attacks on the United States, the Securities and Exchange Commission (news - web sites), which must approve any rules changes by Nasdaq, relaxed its regulations on companies buying back their own stock.

Nasdaq would have to come up with a better reason for the listing changes than to say a slow economy ruined many of the companies that had contributed to the technology-fueled bull market of the 1990s, Smith said.

``The burden is on them to make the case for it,'' he added.