Advanced Optics Electronics Inc. Demonstrates Flat Panel Display.Business Editors/High-Tech Writers ALBUQUERQUE Albuquerque (ăl`bəkûr'kē), city (1990 pop. 384,736), seat of Bernalillo co., W central N.Mex., on the upper Rio Grande; inc. 1890. , N.M.--(BUSINESS WIRE)--Aug. 10, 2000 Advanced Optics optics, scientific study of light. Physical optics is concerned with the genesis, nature, and properties of light; physiological optics with the part light plays in vision; and geometrical optics with the reflection and refraction of light as encountered in the study 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 Thursday: see week. announced that it has demonstrated its full-motion, multi-patented, flat panel display 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 to the Albuquerque Journal The Albuquerque Journal, also known as ABQ Journal, is the largest newspaper in New Mexico. It is published Monday through Saturday mornings as the Albuquerque Journal, and Sunday mornings as the Sunday Journal. . The Albuquerque Journal article, dated Aug. 10, 2000, which discussed this development stated, "Advanced Optics Electronics in Albuquerque has something it wants people to see -- tens of millions of people eventually. "It is a programmable flat panel display custom-made cus·tom-made adj. Made according to the specifications of an individual purchaser. Noun 1. custom-made - an item made to the customer's specifications custom-built for outdoor advertising. Advanced Optics, or ADOT for short, is preparing an announcement that its patented display is ready for the commercial market. 'We've finished the prototype stage,' says ADOT executive vice president Leslie Leslie (Gaelic, derived from a surname meaning 'garden of hollies,'grey fortress, or'garden by the pool')[1] can refer to any of the following: Places in Scotland:
"The panel is ADOT's stake in changing outdoor advertising from the paste-up billboard you see along interstates to the glossy gloss·y adj. gloss·i·er, gloss·i·est 1. Having a smooth, shiny, lustrous surface: glossy satin. See Synonyms at sleek. 2. , fluid look of television. "The company has been listed in Forbes magazine as a piece of Albuquerque's growing technology pie and is getting second looks from investment analysts in Europe as a company with a bright future. "After a little more than two years of research and development, the model now sits on a workbench next to an older digital display. The old display has the ability to generate dot-matrix images in a few basic colors Noun 1. basic color - a dye that is considered to be a base because the chromophore is part of a positive ion basic colour, basic dye dye, dyestuff - a usually soluble substance for staining or coloring e.g. fabrics or hair , but mostly in red. The ADOT display, while it doesn't look like a TV, puts on a show with full-blown, computer-generated color and motion video. "ADOT's prototype display stands 1.65 feet tall and 3.3 feet wide and looks different from any billboard anyone's ever seen beside a freeway or back road. It is a miniature of the panels ADOT plans to produce, but the technology the company has developed is scalable, Robins says, and will work in just about any size. "'We can go up to fit just about anything, and the only difference is the size,' he says. 'The image is the same. It's simply enlarged on a bigger board.' "Production models will come in two sizes -- roughly 7 feet by 10 feet and 10 feet by nearly 26 feet. For demonstration purposes, the company has loaded a variety of images and video to show off the panel's color capabilities and intensity. "ADOT plans to begin building the panels at its Albuquerque headquarters later this year in an expanded manufacturing space. The company has 14 employees and plans to add up to four more by year's end. By the end of 2001, ADOT plans to have nearly 30 workers. "The company already has one patent for technology behind the panels. It is applying for two more, one of which would be for the data-transmission equipment used to feed signals to the boards by wireless remote. The remote ability would mean companies could change the boards instantly from central offices. "The company's plan, at present, is to remain a technology company, Robins says. ADOT has no plans, he says, to become an outdoor advertising company. "'Financing a panel from ADOT may soon be possible thanks to GE Capital,' Robins says. The company has taken an interest in ADOT's panels and has offered to help with financing for potential customers. John Marlett, a vice president at GE Capital, says he has talked with ADOT." This recent news article shows the investment community, ADOT's shareholders, and potential shareholders the viability of ADOT's innovative technology including full-motion, intense brightness, speed, brilliant resolution and ability to manage image and data from remote locations. 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 utilizing its patented and patent pending technology. ADOT currently holds three patents or patents pending. This industry-leading technology can be utilized in many diverse fields including the production of full-motion, high definition, vibrant color advertising billboards. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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