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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: equalizzer who wrote (619)	8/26/1998 10:11:00 AM
From: OFW	Read Replies (1) \| Respond to of 1530

CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Aug. 26, 1998--Avalon Group, Inc. today announced that it has signed an agreement with a U.S. manufacturer to license its proprietary "body fat analysis" technology. The technology uses bioimpedance to measure an individual's body fat by sending a mild electrical current through the body and using a series of algorithms to calculate the percentage of body fat present. This agreement provides Avalon with an exclusive, worldwide license (for specific applications) from a manufacturer that has developed a refinement on bioimpedance using proprietary Ohms Modulation Logic (OML) technology. This OML technology avoids problems common in other bioimpedance technologies, such as variations due to temperature or body water changes, or the need to remove shoes to use the device. The manufacturer of the technology claim an accuracy to within 2.5% of underwater weighing, which is a widely-recognized benchmark for body composition. This OML bioimpedance technology is a more convenient method and is ideal for in-the-field analysis. Ron Green, president & CEO of Avalon Group, Inc. added, "The importance of monitoring body composition and not simply body weight has always been widely acknowledged by healthcare professionals. However, the issue has never been widely recognized by the public because of the difficulties in obtaining an accurate body fat measurement without involving trained, qualified professionals and the associated costs. Avalon plans to offer a body fat analysis solution using the technology featured in this announcement." Avalon Group, Inc. Stock symbol: OTC Bulletin Board(R): AVAL X-po! is a trademark of Avalon Group, Inc. Avalon Group, Inc. is a company that designs and markets technology solutions for customers in a variety of industries. The Company's first major product, the X-po! kiosk was launched in 1998 as a state-of-the-art, interactive kiosk that is Internet-ready and uses standard personal computer (PC) architecture. This release contains forward-looking statements that involve risks and uncertainties and actual results may be materially different. Investors are encouraged to perform comprehensive due diligence before making investment decisions. --30--jc/ms* CONTACT: Jim Thebeau Henry Russell Bruce Public Relations (319) 298-0242 E-mail: Thebeau@hrb-ideas.com