Advanced Optics Electronics Inc. Announces Biomoda Files SB-2, ADOT Signs Marketing Pact.Business Editors ALBUQUERQUE, N.M.--(BUSINESS WIRE)--June 20, 2002 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 ) Thursday announced that it signed a deal with a New Mexico-based marketing company to market ADOT's flat-panel displays. A-OK Marketing, a recently formed marketing company will be focusing on multiple unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. in primarily the southwestern market. Advanced Optics is in talks with additional marketing companies and anticipates having an announcement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc this in the near future. Advanced Optics Electronics Inc. also announces that Biomoda Inc. has filed an SB-2 with the Securities and Exchange Commission. ADOT holds over 17.5 percent or 1,072,285 shares of Biomoda Inc. The offering is for a maximum of 5 million shares at $3.00 per share. Biomoda Inc. holds patents and licenses for the early detection of 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 pre-cancerous conditions in human tissue. Advanced Optics Electronics Inc. is a technology company based in Albuquerque. The company maintains an R&D facility and manufacturing plant, and is engaged in building large-scale flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time utilizing its patented and patent pending technology. In addition to the core business of ADOT, the company has made a strategic technology oriented investment in Biomoda Inc. Biomoda Inc. is a company that holds patents and patents pending domestically and internationally for the early detection of lung cancer. ADOT currently holds approximately 17 1/2 percent of Biomoda Inc. This news release contains forward-looking statements that involve a high degree of risk and uncertainty. Such statements include, but are not limited to, statements containing the words "believes," "anticipates," "expects," "estimates," and words of similar import. The company's actual results could differ materially from any forward-looking statements, which reflect management's opinions only as of the date of this report, as a result of risks and uncertainties that exist in our operation, development efforts and business environment. The company undertakes no obligation to revise or publicly release the results of any revisions to these forward-looking statements. You should carefully reviews the risk factors in other documents that the company files from time to time with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . |
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