Advanced Technetix Announces Approval of Initial 15C2-11 Filing By National Association of Securities Dealers (NASD).ALBUQUERQUE, N.M. -- Advanced Technetix, Inc. (Pink Sheets:AVXN) announced today that the filing of the company's initial 15c211 Information and Disclosure Statement has been approved by the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ). The approved filing, in conjunction with a supplemental 211 Information Disclosure Statement that will be filed in January of 2007 will, once completed and approved, enable the Company to move from "unsolicited" Pink Sheet listing status to "Fully Compliant" listing Status pursuant to Rule 15C2-11 of the SEC Securities and Exchange Act of 1934. St. Petersburg, Florida-based Spartan Securities Group, Ltd. sponsored and assisted in composing and submitting the approved filing and will act in the same capacity with additional filings and Information and Disclosure Statement submissions. George Stevens Noun 1. George Stevens - United States filmmaker (1905-1975) Stevens , Advanced Techentix's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "Transparency and open information exchange are critical precursors to any sustained investor confidence. The approval of this initial 15C2-11 filing by the NASD is an important first step in a series of steps that will culminate in complete transparency as a fully reporting company listed on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. ." About Advanced Technetix, Inc. Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications Transmitting text, voice and video in binary form. See communications. , Entertainment-related services and specific consumer electronics platforms. Advanced Technetix's AccessKey[TM] products, powered by the Company's patented technology, provide complete access to the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home[TM] and portable flash drive-sized AccessKey PC[TM] allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD See video-on-demand. VoD - video on demand ) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of Advanced Technetix, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. FOR INVESTOR INQUIRIES please visit the Advanced Technetix Investor Relations Investor relations The process by which the corporation communicates with its investors. Hub at http://www.agoracom.com/IR/AdvancedTechnetix, where investors can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to AVXN@agoracom.com, where they can request addition to the investor e-mail list to receive all future press releases and updates in real time. |
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