Advanced Optics Electronics Inc. Files Third Quarter 10Q.Business Editors/High-Tech Writers ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Nov. 14, 2000 1. Advanced Optics Electronics Inc. has just filed its 3rd quarter 10Q which reflects an increase of 57% in net worth over the corresponding period for 1999. In addition, it reflects cash payments on the contracts in place. 2. During the past year, two directors of Advanced Optics Electronics have exercised stock options which is evidence of their continuing support of Advanced Optics Electronics Inc. 3. Advanced Optics Electronics Inc. has recently completed the principal photography for a promotional film to support Advanced Optics Electronic's primary thrust into the outdoor advertising market. The film will be sent to potential buyers of the 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 as well as institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . 4. Shareholders and potential investors in Advanced Optics Electronics Inc. are encouraged to review our web site which can be located at adotsite.com to receive a fuller picture of what Advanced Optics Electronics Inc. is doing. 5. Advanced Optics Electronics Inc. notes with interest that as of Nov. 10, 2000, Charles Schwab Charles Schwab can refer to:
Advanced Optics Electronics Inc. outstanding shares for various customers. Advanced Optics Electronics Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :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 ) 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 High Definition Television quality advertising billboards. In addition to the core business of ADOT, the company has identified and placed a strategic technology oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. 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 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% 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. Contact Advanced Optics Electronics Inc. at 505/797-7878 or visit their Web site at www.adotsite.com. |
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