Advanced Optics Electronics Files 10-SB to Become Fully Reporting;.ALBUQUERQUE, N.M.--(BW HealthWire)--July 1, 1998--Advanced Optics Electronics, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ADOT ADOT Arizona Department Of Transportation ADOT Alaska Department of Transportation ADOT Fédération des Associations pour le Don d'Organes et de Tissus Humains ADOT Active Duty Other Than Training ADOT Automatic Digital Optical Tracker ADOT Advanced Display Optimization Tools ) announced today they have filed Form 10-SB with the SEC to become a fully reporting company. Advanced Optics considers this SEC filing to be a significant step toward the Company's goal of a full 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 listing. As a fully reporting company, Advanced Optics also becomes a more credible market candidate, capable of attracting investment analyst coverage, thus ensuring better market support both domestically and internationally. Advanced Optics also announced today that their technology partner, BioModa, Inc. has secured additional technology patents in Australia and with the Russian Federation Russian Federation: see Russia. , and has patents pending in 14 other countries. These patents further protect BioModa's proprietary early detection test for lung cancer lung cancer, cancer that originates in the tissues of the lungs. Lung cancer is the leading cause of cancer death in the United States in both men and women. Like other cancers, lung cancer occurs after repeated insults to the genetic material of the cell. and BioModa's proprietary lung cancer treatment program. BioModa, Inc., after two years of negotiations, has additionally embarked on a new program in cooperation with the Shanghai Center on New Drug Development in The People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China (PRC). BioModa will work with the Shanghai Center (owned jointly by the city of Shanghai and the Chinese Government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
The objective of this program is to address an urgent need among the Chinese population. The PRC reports that over 900,000 Chinese people die each year from lung cancer. Although China has over 300 million smokers, a large number of lung cancer cases can be attributed to working in factories where caustic chemicals and noxious fumes fumes odorous gases and other volatile materials; inhalation of irritating fumes causes coughing and, if sufficiently severe, irreversible pulmonary edema. are found. This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company are detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. ABOUT ADVANCED OPTICS: Advanced Optics Electronics, Inc. (OTC BB:ADOT - news) is a developer of patented electronic display technology, utilizing ADOT's proprietary Spatial Light Modulator (1) A matrix of movable mirrors used to reflect a digital image to the viewer. See DLP. (2) A matrix of shutters that represents a page of binary data. It is used to modulate a laser beam for holographic storage. See holographic storage. light valve. This industry-leading technology can be utilized in the production of "television quality" advertising billboards, medical testing equipment, military displays, computer monitors and high definition video transmission to name a few. Advanced Optics Electronics actively seeks partnerships with companies in fields that could benefit from ADOT's technology. ADOT also owns over 27% of BioModa, Inc., an emerging biotechnology company specializing in breakthrough cancer diagnostics and therapy. Advanced Optics can also design, manufacture and distribute the scanning devices for the lung cancer tests using Advanced Optics Electronics' proprietary display technology.
CONTACT: Advanced Optics Electronics, Inc.
505/797-7878
http://www.adot.org
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