Advanced Optics Electronics Inc. Announces Updated Coverage and Beta Testing Schedule.Business Editors ALBUQUERQUE, N.M.--(BUSINESS WIRE)--July 12, 2000 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 ) Wednesday announced that Weston Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (www.westonptnrs.com) has updated coverage of Advanced Optics Electronics Inc. The report focuses on demand for 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 , ADOT's patent position and ADOT's holding in BioModa Inc. John Cousins, vice president of finance of ADOT, stated, "Weston Partners' report accurately reflects our prospects for the near future and captures our enthusiasm for our long-term potential as our products and markets develop." ADOT's Beta Testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the will be completed within the next 30-40 days on its initial Mark I panel display. ADOT also stated that BioModa Inc. is continuing with its China initiative, opening an office in China that will be staffed by a Chinese national experienced in the science/medical field. ADOT is outsourcing certain aspects of assembly with a major electronics assembler used by Fortune 1000 companies. ADOT's previously filed patent for data distribution for large scale display has just received patent pending status from the U.S. Patent Office. Advanced Optics Electronics Inc. is a developer of patented and patent pending electronic display technology, utilizing ADOT's proprietary SLM See service level management system and spatial light modulator. (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 many diverse fields including the production of "television quality" advertising billboards, medical equipment, military displays, computer monitors and high definition video transmission. ADOT currently holds three patents or patents pending. In addition to the core business of ADOT, the company has identified and placed a strategic and high potential return investment in BioModa Inc. BioModa Inc. is a company that holds patents and patents pending domestically and internationally in the technology for 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. . ADOT currently holds approximately 20 percent of BioModa Inc. This news 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 will be detailed from time to time in the company's periodic reports to be filed with the Securities and Exchange Commission. Contact Advanced Optics Electronics Inc. at 505/797-7878 or visit their Web site at www.adot.org. |
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