American Access Technologies, Inc. in Corporate Merger Talks.Business Editors/High-Tech Writers LAKE MARY Lake Mary may refer to:
Responding to inquiries, American Access Technologies, Inc. (Nasdaq:AATK AATK Always At the Keyboard ) confirms that it is in talks with another corporation in the telecommunications equipment industry with a view towards a corporate combination. American Access President John Presley said: "While we are enthusiastic about synergies that this potential combination promises, we must not forget that any such transaction presents numerous hurdles to its completion, such as due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , resolution of financial, management, shareholder approval and other issues. Accordingly, there can be no assurance that the combination will be completed. We shall keep our investors informed of our progress in this matter." American Access manufactures patented zone cabling units that mount in ceilings, raised floors, and in custom furniture, routing traditional cabling and 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 to the office desktop. The Company's concept of "zone cabling" reduces costs for installation and moves, adds, and changes by as much as 70% while providing plug and play, up-gradable networks, fiber optics and wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area . News and product/service information are available at www.aatk.com. Note: This press release for American access Technologies, Inc. may contain 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. as defined in Section 27A of the Securities Exchange Act of 1934, regarding events, conditions and financial trends that may affect the Company's operating results and financial position. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual events or results may differ from the Company's expectations, which are subject to various risks and uncertainties listed in the Company's SEC filings. |
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