To: Andrew T who wrote (3719 ) 4/5/1999 10:48:00 AM From: george eberting Read Replies (1) | Respond to of 4650
News:biz.yahoo.com Monday April 5, 10:02 am Eastern Time Company Press Release Advanced Optics Electronics Inc. Results for 1998 ALBUQUERQUE, N.M.--(BUSINESS WIRE)--April 5, 1999--Advanced Optics Electronics Inc. (OTC BB:ADOT - news) Monday released fiscal Dec. 31, 1998 results as of March 24, 1999. Advanced Optics Electronics Inc.'s net worth increased 261% over the comparable period for 1997. Revenues increased 247% over the comparable period for 1997. BioModa Inc., a minority holding of Advanced Optics Electronics Inc., recently sold shares privately which increases the valuation of Advanced Optics Electronics Inc. holding of BioModa Inc. Advanced Optics Electronics Inc., continues production on its initial display project for delivery later this year utilizing its latest technology incorporated in it's recently filed latest patent. Advanced Optics Electronics Inc., acknowledges a New York group's interest in buying a large minority holding in ADOT. This news release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports to be filed with the Securities and Exchange Commission. Contact Advanced Optics Electronics Inc., at 505/797-7878 or visit their Web site at www.adot.org. I wasn't too thrilled to read this part: Advanced Optics Electronics Inc., continues production on its initial display project for delivery later this year ..... Seems like that first unit is taking much, much longer than originally stated. George