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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?

To: Shadow who wrote (4609)	6/13/2003 12:17:24 PM
From: Tadsamillionaire	Respond to of 4650

Advanced Optics Electronics Finalizes With Color/Speech Processor Developer Wednesday June 11, 8:33 am ET ALBUQUERQUE, N.M.--(BUSINESS WIRE)--June 11, 2003--Advanced Optics Electronics Inc. (OTC BB:ADOT) just completed an agreement with Bitco Inc., which finalized ongoing negotiations which will now enable the company to integrate various elements of Bitco's exclusive color/speech processing technology into practical applications to offer user-friendly products at affordable prices. Bitco Inc., based in southern Indiana, is a closely held research and development organization which is in the process of concluding refinements to this unique product now in concert with ADOT. Significant consumer application as well as a very important potential benefit to the vision impaired and certain targeted industrial applications make this step an important movement for the company. Marketing of this and related products will be initially handled by ADOT. Upon completion and testing of the final "signed off" prototypes, the sales program is geared to be outsourced to potential Southern California marketers with demonstrated expertise in exposing these products to an expanded national and international consumer base. Advanced Optics Electronics Inc.'s new Web site, which is under construction at this time, will be available in the next week to 10 days. This new site will offer visitors interactive entre to the scope of the company's activities and is aimed at both the individual and institutional investor. Advanced Optics Electronics Inc. holdings of 18.5% of Biomoda Inc. are reported in the SB-2A just submitted to the SEC by Biomoda. This filing reflects an expanded patent position for Biomoda's technology both domestically and internationally. Biomoda Inc. feels confident that the effective date is drawing quite near. At that time Biomoda Inc. will be able to provide additional information on its corporate developments, essential for holders of Advanced Optics Electronics Inc. Advanced Optics Electronics Inc. is a technology company based in Albuquerque. The company maintains an R&D facility and manufacturing plant, and is engaged in building large-scale flat panel displays utilizing its patented and patent pending technology. In addition to the core business of ADOT, the company has made a strategic technology-oriented investment in Biomoda Inc. Biomoda Inc. (nonpublic) is a company that holds patents and patents pending domestically and internationally for the early detection of lung cancer. ADOT currently holds approximately 18 1/2% of Biomoda Inc. This news release contains forward-looking statements that involve a high degree of risk and uncertainty. Such statements include, but are not limited to, statements containing the words "believes," "anticipates," "expects," "estimates" and words of similar import. The company's actual results could differ materially from any forward-looking statements, which reflect management's opinions only as of the date of this report, as a result of risks and uncertainties that exist in our operation, development efforts and business environment. The company undertakes no obligation to revise or publicly release the results of any revisions to these forward-looking statements. You should carefully review the risk factors in other documents that the company files from time to time with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q. -------------------------------------------------------------------------------- Contact: Advanced Optics Electronics Inc., Albuquerque 505/797-7878 www.adotsite.com biz.yahoo.com