Advanced Communications Technologies -- New Company Operational Updates via CEO Conference Call.Business Editors and High-Tech Writers LOS ANGELES--(BUSINESS WIRE)--May 24, 2001 Advanced Communications Technologies Inc (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADVC ADVC Analog to Digital Video Converter ) (ACT-US) today announced that the company will hold a conference call with its Chairman & Chief Executive Officer Roger May on Wednesday May 30, 2001 at 7 p.m. Eastern Standard Time. May will be updating investors on recent progress with company projects and new initiatives and with current negotiations on existing projects including: -- The company's publicly stated initiative to obtain NASDAQ national market status and the progress of its discussions with several complementary target companies. -- An update on the establishment of a U.S.-based technical facility for the implementation of SpectruCell into the U.S. marketplace. -- An update on the state of final negotiations with Dr. Gil Amelio. -- Results of the independent evaluation of the company's Australian operations, received on May 24, 2001 and commissioned for the purposes obtaining institutional investment funds for SpectruCell. -- Negotiations with a number new potential strategic industry development and marketing partnerships with major telecommunications operators within the United States, Europe and the United Kingdom. -- Update on negotiations in Australia to contract significant additional R&D staff from a major U.S.-based military contractor to expedite final SpectruCell development. -- Update on the establishment of U.K. operations and new strategic relationships in the United Kingdom. -- Further detail on the company's recent wireless Center of Excellence initiative with NEC -- Developments in the marketing of the company's software defined radio development suite for third party developers and; -- Progress in the testing and development of the company's SpectruCell software defined multiple protocol mobile wireless base station Full details of the call including access numbers will be posted on the company's Web site and major message forums on Monday May 28, 2001. About Advanced Communications Technologies Advanced Communications Technologies Inc. is a leader in the field of Software Defined Radio A wireless terminal (phone, PDA, etc.) that is reconfigurable via software. It enables wireless devices to be easily updated to new or later versions of the air interface and allows multiple interfaces to be supported. (SDR See software defined radio. ) that in conjunction with its Australian based affiliate has developed a proprietary, multiple-protocol wireless base station -- SpectruCell. Through eliminating the use of Qualcomm (Nasdaq:QCOM QCOM Qualcomm, Inc. (stock symbol) ) chipsets, or any other protocol specific hardware, and by conducting all signal processing See DSP. in software, SpectruCell provides for simultaneous support of multiple mobile communications protocols (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. , WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S. , 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. , GSM & 3G) all in the same base station. Support for additional protocols is achieved through the uploading of additional software modules. By implementing the company's SpectruCell technology, network providers will be able to maintain service to their existing customer base and preserve the full utilization of their existing network infrastructure while at the same time securing a highly flexible migration path for evolving 3G-based protocols such as WCDMA and UMTS. SpectruCell is complemented by several other wireless technologies currently under development in Australia. Advanced Communication Technologies Inc. plans to market these products throughout North, South and Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . For more information regarding Advanced Communications Technologies, visit www.act-usa.net. The foregoing contains forward-looking information within the meaning of The Private Securities 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. Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion