AVT Corporation Announces Two-for-One Stock Split and Outlines Management Succession Plan.

KIRKLAND, Wash.--(BUSINESS WIRE)--Dec. 17, 1999--

AVT Corporation (Nasdaq:AVTC) is pleased to announce that the Company's Board of Directors has approved a two-for-one stock split of its common stock. Stockholders will receive one additional share for every share held on the record date of December 27, 1999. Additional shares will be mailed or delivered on or about January 10, 2000, by the Company's transfer agent, Chase Mellon Shareholder Services. The common stock will begin trading at a post-split price on January 11, 2000.

AVT stock closed at $41.00 on December 16, 1999. As of December 16, 1999, AVT had approximately 15,303,488 shares of Common Stock outstanding.

In addition, the Company announced that the Board of Directors has approved a defined succession plan developed by Richard J. LaPorte, AVT's Chairman, CEO and President, whereby he will be relinquishing his day-to-day management responsibilities next year, while maintaining his position as the Company's full-time Chairman of the Board. The Company has retained the firm of Heidrick & Struggles International to assist Mr. LaPorte and the AVT Board of Directors in the selection of a new Chief Executive Officer. The new President and CEO will assume all day-to-day management responsibilities for AVT Corporation and serve as a Corporate Officer and Director.

"In the evolution of every company it is appropriate to plan for an orderly succession of responsibilities, which is exactly what we are doing," said Richard J. LaPorte, AVT's Chairman and CEO. "Disclosing this information early in the search process is the responsible action that we feel our employees, partners, and shareholders will appreciate. With the company's position and growth potential higher than it has ever been, the Board and I feel the time is right to turn the day-to-day management of our Company over to a new chief executive who possesses a fresh unbiased vision, and the energy required to lead AVT in realizing the full potential of the opportunities that we have created for ourselves."

Commenting on his own responsibilities as the Company's full-time Chairman of the Board, LaPorte said; "First, let me make it perfectly clear that I am not retiring from AVT. It has been my honor and privilege to have managed AVT for the past ten years. I look forward to focusing my future efforts on AVT's strategic growth initiatives, which include keeping us abreast of new opportunities that will give us a competitive edge in the marketplace. It should also go without saying that I will devote whatever effort is required to totally support our new CEO, as will all of the other members of our Board and management team."

About AVT Corporation

AVT Corporation is a world leader in Managed Communications solutions, helping organizations control and meet the high demands of their communication workflow. The company specializes in developing and marketing its CallXpress unified messaging solution, its RightFAX and CommercePath fax and communications servers, and its MediaLinq electronic document delivery services. AVT has over 50,000 systems installed worldwide, with 80% of the Fortune 100 using the company's award winning products and services. AVT is headquartered in Kirkland, Washington and has main offices in Tucson, AZ, Portland, OR, and San Francisco, CA. In addition, AVT has sales and support offices in the United Kingdom, Germany, Hong Kong, Dubai, and Tokyo. Founded in 1982, AVT is publicly traded under the symbol "AVTC" on the NASDAQ National Market. AVT maintains a site on the World Wide Web at www.avtc.com.

Note to Editors: News releases are available from the AVT web site (www.avtc.com) or AVT's Newsroom fax server. Call [phone] and follow the prompts. This document is number 77130.