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To: Brett Fleischman who wrote (29635)7/27/1998 5:11:00 PM
From: Seeker  Respond to of 34592
 
APTX.....check out this news release from the end of April... looks like there are only a
couple more days left in the testing... IR says that the testing is going "very
well".....Maybe the reason for the swing today.... Ran good all day with big buys....
Thursday April 30, 10:12 am Eastern Time

Company Press Release

Apparel Technologies, Inc. Enters Into Agreement With

The initial goal of the evaluation effort is to assess the feasibility of using the System
2000 for digital
printing for transfer to fabric at speeds of 150 linear meters per hour. APTX's ultimate
goal is to
reach speeds of 300 linear meters per hour. Currently available digital fabric printers are
limited to
approximately 32 linear meters per hour. The initial evaluation phase has been targeted
for
completion in 90 days at APTX's facilities in Commerce. APTX hopes to be able to
incorporate
3M's System 2000 printer in its production operation by the end of 1998 following
completion of
the evaluation, any needed development activity and upon successful completion of
further
negotiations with 3M.

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