Advanced Precision Technology, Inc. Announces New CEO.

Business Editors/High-Tech Writers

LIVERMORE, Calif.--(BUSINESS WIRE)--Sept. 17, 2001

Advance Precision Technology, Inc. (PINK SHEET:APRE) The board of directors, today named John Hunepohl as acting CEO and President of the company. This comes after the board accepted the resignation of Jim Gingo as the President and CEO and expressed appreciation for his efforts in bringing the current management into APT. Gingo fulfilled his commitment to stabilize the company and now returns to his original business as CEO of TransTech Systems, Inc.

Hunepohl joined APT on July 9, 2001 at the request of Gingo to review the business operations, products, sales and marketing. "Hunepohl accepted the challenge and performed far more than initially asked," stated Gingo. "His years of security industry experience and contacts are an and invaluable asset to APT. His past successes, experience in sales, marketing, project management, product development and manufacturing both of software and hardware products, has proved extremely beneficial to APT as we entered this new stage of our business."

Beginning in July, Hunepohl immediately streamlined production, implemented cost savings in manufacturing and operations, updated the sales and marketing literature and validated and strengthened the current HoloPass(R) market channel. On Thursday, September 13, 2001, Hunepohl inked the company's first formal reseller agreement with Digital Descriptor Systems, Inc. (OTC - DDSI). The company will continue to penetrate government AFIS fingerprint database opportunities while enhancing the product to meet customer demands and will explore additional distribution channels and other strategic business relationships.

The board accepted the resignation of Bruce Pastorius and James Homer from the board and appointed Hunepohl to fill one of the vacant positions.

About APT

Advanced Precision Technology, Inc. developments, designs, manufactures, licenses, and markets holographic fingerprint identity verification products for one-to-many and one-to-one identity verification systems. More: www.aprint.com.

Safe Harbor Provision

This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors described in the Company's most recent annual report on Form 10-KSB filed with the Securities and Exchange Commission, which can be reviewed at http://www.sec.gov. The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise.