Advanced Communications Technologies, Inc. Outlines Details of Investor Briefing.Business Editors LOS ANGELES--(BUSINESS WIRE)--May 22, 2002 Advanced Communications Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADVC ADVC Analog to Digital Video Converter ) ("ACT" or the "Company") today announced further details of the Company's upcoming investor briefing. The Company is calling for investors to submit questions relating to the Company's business or activities to info@actadvc.com. These questions will then be addressed by an ACT panel comprising Randall Prouty, Chairman, Wayne I. Danson, President and CFO See Chief Financial Officer. and Jonathan J. Lichtman, Esq., Secretary. A recording of this question and answer session will be made available on the Company's website (http://www.actadvc.com) on Tuesday, May 28, 2002. In order to meet this deadline, the Company requests that all questions are submitted to the above e-mail address no later than 5:00 p.m. Pacific Standard Time on Thursday, May 23, 2002. About Advanced Communications Technologies Inc. Advanced Communications Technologies Inc. ("ACT") holds the exclusive rights throughout the North, South and Central American markets to SpectruCell, a software-defined radio (SDR See software defined radio. ) multiple protocol wireless base station consisting of hardware and software that enables network providers to install a single base station and configure it to any or all protocols (GSM, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. , W-CDMA See WCDMA. , etc). SpectruCell has been, and other related products are being developed by, Advanced Communications Technologies (Australia) Pty Ltd, which the Company owns a 20% interest in. For more information regarding Advanced Communications Technologies, Inc., visit http://www.actadvc.com. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such statements are reasonable, no assurances can be given that they will prove correct. The Company remains exposed to risk factors that include the availability of financing, the outcome of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , the outcome of negotiations with its affiliate, technical or equipment complications, the availability of qualified personnel, market competition, meeting time critical requirements and others. Statements made herein are not a guarantee of future corporate or stock performance. The Company does not update or revise its forward-looking statements even if it becomes clear projected results (expressed or implied) will not be realized. |
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