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


To: J. Nelson who wrote (3868)5/6/1999 1:32:00 AM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 4650
 
Jim: Do you have any indication on where the company stands in its project development? Are there technical hurdles yet to surmount to put the product into production?

Any comment or information welcome.

Steve



To: J. Nelson who wrote (3868)5/6/1999 6:41:00 PM
From: J. Nelson  Respond to of 4650
 
*****ADOT 05-06-99 NEWS*****

From : Business Wire

Advanced Optics Electronics Inc.

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--May 6,
1999--Advanced Optics Electronics Inc. (OTC BB:ADOT)
announced Thursday that BioModa Inc. has made the
following announcement:

Albuquerque, N.M.--April 30, 1999--BioModa Inc.
announced today the election, at its annual shareholders
meeting, the appointment of Leslie Robins as a director of
BioModa Inc. Robins is the executive vice president of
Advanced Optics Electronics Inc.

In addition, Robins brings to the BioModa board his
experience and knowledge gained from many years in the
management and financing of development stage
companies.

"His expertise will be a valuable addition to our board,"
stated Ari Ma'ayan, BioModa's president.

BioModa Inc. is a development stage company focused on
the early diagnosis and treatment of lung cancer.

Advanced Optics Electronics Inc. has recently filed its first
quarter 1999 10Q with the SEC. This reflects progress in its
program to bring the flat panel display to the marketplace.

The company has initiated discussions to acquire a
substantial minority interest in a privately held early-stage
fiberoptics switching company located in the Albuquerque
area. If concluded, this minority acquisition would create the nucleus of a separate fiberoptic division for Advanced Optics Electronics Inc.

Advanced Optics Electronics Inc. (OTC BB:ADOT) is a
developer of patented electronic display technology. The
initial product is being marketed to users and owners of
Outdoor Billboards as a total replacement for static
billboards. This is coupled with the ability to change images
from a remote location.

In addition to the core business of ADOT, the company has
identified and placed a strategic and high potential return
investment in BioModa Inc. BioModa Inc. is a company that
holds patents and patents pending domestically and
internationally in the technology for early detection of Lung
Cancer. ADOT currently holds approximately 22 percent of
BioModa Inc.

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.

Contact:

Advanced Optics Electronics Inc.
505/797-7878
(www.adot.org)