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Affordable Telecommunications Technology Retains Stock Charter Group for Corporate Financing and Acquisition Planning.


HOUSTON -- Affordable Telecommunications Technology Corp. (Pink Sheets:ATCT ATCT Airport Traffic Control Tower (FAA)
ATCT Air Traffic Control Tower
ATCT Air Traffic Control Transponder
ATCT Analog Toll Connecting Trunk
) today announced that it has retained the services of Stock Charter Group for strategic and acquisition planning and corporate financing.

Stock Charter Group Inc.("SCG SCG Serbia and Montenegro
SCG Srbija I Crna Gora (Servian: Serbia and Montenegro)
SCG Sydney Cricket Ground
SCG Service Canadien des Glaces (Canadian Ice Service)
SCG superior cervical ganglion
") is a management and corporate finance consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 specializing in the telecommunications industry. The expertise of SCG spans the areas of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , marketing, mergers and acquisitions, public offerings and corporate financing.

Steven H. Bethke, president and chief executive officer of Affordable Telecommunications Technology Corp., stated, "With 23 years of experience in the telecommunications industry and hands-on experience with both Fortune 500 companies and small-cap firms, SCG is poised to open the doors of opportunity for Affordable. SCG will assist Affordable in financing and business planning as we move forward on our aggressive growth strategy."

Ken Ash, founder and president of Stock Charter Group, commented, "We look forward to working with Affordable, a company with high-growth potential in the telecommunications industry."

About Stock Charter Group

Stock Charter Group is an 8-year seasoned venture capital company, participating in both capital raising and market maintenance activities in the micro-cap markets. SCG also provides assistance in stock accumulation strategies and corporate consulting as well as expert technical analysis.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

Statements contained in this release, which are not historical facts, may be considered "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.
" under 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. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are our estimate of the sufficiency of existing capital sources, our ability to raise additional capital to fund future operations, our assumptions regarding the competitive restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  and deregulation Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Notes:
Traditional areas that have been deregulated are the telephone and airline industries.
 of the electricity market, competition from utility companies, our dependence on the services of certain key personnel and our ability to manage our growth successfully. In particular, careful consideration should be given to cautionary statements made in the various reports Affordable Telecommunications Technology Corporation files with the Securities and Exchange Commission. The Company undertakes no duty to update or revise these forward-looking statements.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 1, 2004
Words:443
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