ATEC Group Inc. To Be Featured on Wall Street Reporter.com's ``Hot Stock to Watch''.HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Feb. 22, 1999--ATEC Group Inc. (Nasdaq:ATEC ATEC Army Test and Evaluation Command (US Army; formerly OPTEC, Operational Test & Evaluation Command) ATEC Australian Tourism Export Council ATEC Advanced Technologies (Hamburg, Germany) ) will be featured on Wall Street Reporter.com's "Hot Stock to Watch" column. According to Surinder Rametra, Chairman andCEO: "With a record year of 87% increase in revenue growth for fiscal year `98, and new strategic operational developments occurring this year, we believe the ATEC story should be heard. Our Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 division is having a great quarter, our new E-Commerce site has been launched and the Beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the for our ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. division, ATEC ONE, in Albany, NY is going great. We have strategically expanded our products and services to ensure that our clients view ATEC as a "One-Stop-Shop" for their computer and internet needs." Based in Hauppauge, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. , ATEC Group, Inc. is a leading system integrator and provider of a full line of information technology service products. As a one-stop solution provider for the computer needs of businesses, professionals, government agencies and educational institutions, ATEC enters the new millennium with a technological arsenal that includes Year 2000 remediation, multimedia products,video conferencing, system integration, networking, high speed data transmission, Internet, and Intranet ready solutions. In addition, the Company has positioned itself for growth in telecommunications, outsourcing of IT professionals, E-commerce, ISP and offshore software development to provide its clients' technological needs in a cost effective manner. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products,government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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