Advanced Technology Industries, Inc. Announces The Launch Of Its Reseal Operation In Munich.

Business Editors

BERLIN--(BUSINESS WIRE)--May 16, 2002

Advanced Technology Industries, Inc. (OTCBB: AVDI), is pleased to announce that its subsidiary, Reseal Ltd., is operating in Munich under its new managing director, Dr. Markus Witschi. Dr. Witschi has previously served as head of European Product Development for PepsiCo, Inc., Marketing Director of Flavored Products and Marketing Director Cola Products for PepsiCo, serving in both the United States and Germany. Additionally, Dr. Witschi served as Director of Business Development for the Coca-Cola Company, Marketing Manager Europe and Marketing Director Switzerland for Coca-Cola.

Reseal's first product is the Starcan(R), its proprietary resealable beverage can. Dr. Witschi described the Starcan as an innovation for the industry "which has been developed in order to fulfill a need for a user-friendly alternative to conventional cans. We believe the new resealable can lid has not only unique technical advantages, but also the optimal price-performance ratio for any producer looking for innovative packaging solutions."

Reseal will present its first commercially-produced Starcans to the beverage industry in its rollout operation commencing June 2002. After an initial period of significant testing, Reseal will commence marketing operations in tandem with continued testing, marketing the Starcan initially to the European beer industry, and later extending to the soft drink industry.

The total annual market for cans is 400 billion cans. Reseal's initial objective is to achieve a 10% market share of this total annual market. Reseal also anticipates marketing the Starcan technology to other industries, which currently use aluminum and glass containers, including condiments and pet food. Dr. Witschi commented on the market potential of the resealable container technology: "Every product that comes to the consumer in a bottle is a potential target for our technology - from cooking oil to vinegar."

Advanced Technology Industries is a technology holding company devoted to technology identification and acquisition, research and development leading to commercialization of innovative products.

The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Advanced Technology Industries, Inc., RESEAL, Inc., and their respective managements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. Advanced Technology Industries, Inc. and RESEAL assume no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.

Corporate contact:

RESEAL LTD: email: [e-mail].

For More Information Please Contact Anthony Troniak at [e-mail] or call Toll Free 888 262-9229.