AERT Announces Delbert and Pat Allen File 13-D.SPRINGDALE, Ark.--(BUSINESS WIRE)--Aug. 12, 1998--Advanced Environmental Recycling Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ) ("AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team ") announced today that Delbert "Pete" Allen Jr. together with his wife Pat have notified the Company and have filed the required 13-D form with the SEC. Their recent voluntary warrant conversions have resulted in their increased ownership/control totaling approximately 1.253 million shares, representing approximately 5% of the Company, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. documents filed with the SEC and the Company. Joe Brooks, President of Advanced Environmental, stated, "We are very fortunate to have such an astute and successful businessman as Pete Allen Pete Allen (born 23 November, 1954 in Newbury, Berkshire) is an English dixieland jazz clarinetist, alto and soprano saxophonist, bandleader and vocalist known for his work with Kenny Ball, Terry Lightfoot, Beryl Bryden, Tommy Burton, Ian-Hunter Randall, Chris Hodgkins, Mick Cooke increase his family stake in the Company. Mr. Allen is now closely involved with the Company and brings extensive manufacturing and plant operating experience to the Company. This is a very exciting time in the Company's history, as management focuses on expanding the manufacturing capacity and opening a new plant, attaining positive cash flows and sustained profitability from operations." Mr. Allen is President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Allen Canning Company in Siloam Springs, Ark. Allen Canning is the largest independent canning processor in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , operating food-processing plants in five states. Mr. Allen also serves on the Board of Directors of the Arkansas State Bank. AERT is an emerging growth company, which has developed, patented and manufactures a growing line of engineered building materials, which are made from primarily recycled materials including waste wood fiber and recycled polyethylene plastic. The Company currently operates two manufacturing facilities, one in Junction, Texas, and a second facility which is currently completing Phase One construction and commencing operations in Springdale, Ark. For additional information contact Joe G. Brooks, 501/750-1299.
CONTACT: AERT, Springdale
Joe G. Brooks, 501/750-1299
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