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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Zakattack who wrote (17858)	5/14/1998 12:03:00 PM
From: TokyoMex	Read Replies (4) \| Respond to of 34592

A speculative buy ? Supposedly a 150 mill contract in works with NEC for their pc speakers.. ATCO Business Summary ATCO is engaged in the development, manufacturing and marketing of consumer electronic products and acoustic technologies. The Company's HyperSonic(TM) Sound (HSS) technology is the primary focus. For the three months ended 12/31/97, revenues fell 90% to $61 thousand. Net loss totalled $658 thousand, up from $213 thousand. Revenues suffered from the phase out of the FM and AM Sounds ear radio line. Higher loss also reflects costs related to the development of HSS. Statistics at a Glance -- ATCO Last Updated: May 8, 1998 Price and Volume (updated May 8, 1998) 52-Week Low $3.25 Recent Price $10.875 52-Week High $11.313 Beta N/A Daily Volume (3-month avg) 0 Share-Related Items Market Capitalization $118.0M Shares Outstanding 10.8M Float 6.60M Company Press Release Philips Consumer Electronics B.V. and American Technology Corporation Sign Agreement HyperSonic Sound Licensing Objectives Outlined SAN DIEGO--(BUSINESS WIRE)--April 1, 1998--American Technology Corporation (OTC: ATCO - news), a developer of innovative electronic and acoustic technologies, announced today that it has signed an Agreement with Philips Consumer Electronics (PCE). Under the Agreement, PCE will evaluate American Technology Corporation's (ATC) HyperSonic(tm) Sound (HSS) for inclusion into TV/Home Cinema, PC monitors and Audio products manufactured and marketed by PCE. ''We are excited with our involvement with ATC's HyperSonic Sound. The potential of this innovative technology will add a competitive advantage to our consumer products,'' said Roel P. Kramer, Chief Technology Officer for PCE. ''We look forward to working with ATC on bringing this important development to market.'' Philips Consumer Electronics B.V. is part of the $39.2 billion Philips Electronics N.V family which makes products ranging from Compact Disc players to light bulbs and security systems to semiconductors. ''Philips Consumer Electronics brings vast resources in global marketing and technical know how to our HSS Alliance,'' stated Dale Williams, Chairman and CEO for ATC. ''This agreement marks the beginning of an expected family of diverse and innovative consumer electronics products incorporating HSS technology.'' HyperSonic Sound is a new technology in sound production that employs ultrasonic tones in a new patents-pending process to produce sound directly in the air. HSS eliminates many forms of distortion and reduces room acoustical effects. HSS uses little space and weight and is comparatively efficient and cost competitive relative to direct radiating loudspeakers. The laser-like HSS ultrasonic beam can project audible sound to virtually any listening environment creating many new sound applications previously impossible with existing speaker technology. American Technology Corporation is a San Diego-based electronics company specializing in the development, manufacture and marketing of leading-edge proprietary electronic products and acoustical technologies. For more information on the Company and its products visit www.atcsd.com.