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Advanced Optics Electronics Inc. Hires Financial Services Firm.


ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Dec. 1, 1999--

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
), Wednesday announced that it has signed the San Diego, Calif.-based Compass Point Group Inc. to provide the company with investor relations Investor relations

The process by which the corporation communicates with its investors.
 and financial consulting services.

Leslie S. Robins, executive vice president of Advanced Optics Electronics Inc., stated, "Working with Compass Point Group will allow us to concentrate on our core competencies while building shareholder value. We look forward to a mutually beneficial relationship with the CPG CPG

central pattern generators.
."

About Advanced Optics Electronics Inc.

Advanced Optics Electronics Inc. (www.adot.org) is a developer of patented electronic display technology, utilizing ADOT's proprietary light valve, modular grid design and other recent developments.

This industry-leading technology can be utilized in many diverse fields including the production of "television quality" advertising billboards, medical testing equipment, military displays, computer monitors and switching transmission technology.

In addition to the core business of ADOT, the company has identified and placed a strategic and high potential return investment in BioModa Inc. (privately held). BioModa Inc. is a company that holds 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 21 percent of BioModa Inc.

Advanced Optics Electronics Inc. has also recently placed an investment in WIZARD Technologies Inc. (privately held). WIZARD is a developer of fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber  switch technology. ADOT holds 25% of WIZARD Technologies Inc.

About the Compass Point Group Inc.

For more than nine years, The Compass Point Group Inc., and its predecessor Makenna, Delaney & Sullivan Inc., have focused on management and financial consulting services, specializing in strategic marketing, mergers and acquisitions, financial documentation, and financial public relations Financial public relations

Public relations division of a company charged with cultivating positive investor relations and proper disclosure information.
.

The Compass Point Group Inc. is a nationally recognized leader in investor relations and business document production with a successful track record of assisting clients in the quest for capital.

Statements about the company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.

The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 1, 1999
Words:395
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