American Access Technologies Acquires Rights to UV Light Home Air Cleansing System.Business Editors/Technology Writers LAKE MARY, Fla.--(BUSINESS WIRE)--Jan. 14, 2002 Telecommunications equipment manufacturer American Access Technologies, Inc. (Nasdaq:AATK AATK Always At the Keyboard ) said today that it is expanding the Company's product portfolio to include an ultraviolet light Ultraviolet light A portion of the light spectrum not visible to the eye. Two bands of the UV spectrum, UVA and UVB, are used to treat psoriasis and other skin diseases. Air Cleansing System for the home acquired for $50,000 cash, $500,000 in restricted stock, and cancellation of a $123,000 account receivable account receivable Any amount owed to a business as the result of a purchase of goods or services from it on a credit basis. Although the firm making the sale receives no written promise of payment, it enters the amount due as a current asset in its books. by the Company. The Eclipse system uses ultraviolet light technology installed in a home's air-conditioning system to disinfect To remove the virus code that has attached itself to a legitimate file. Sometimes, the antivirus program cannot untangle the code, and the infected file has to be deleted. See quarantine. germs and bacteria and neutralize mold and dust mites that contaminate con·tam·i·nate v. 1. To make impure or unclean by contact or mixture. 2. To expose to or permeate with radioactivity. con·tam·i·nant n. the indoor air a family breathes. "We are all concerned about our families' well-being, and we all seek the optimum healthy home environment. This air cleansing system harnesses for your home the benefits of ultraviolet light, which has been used for years to sterilize sterilize /ster·i·lize/ (ster´i-liz) 1. to render sterile; to free from microorganisms. 2. to render incapable of reproduction. ster·il·ize v. 1. germs and kill bacteria in hospitals and restaurants," said American Access President John Presley. "We have manufactured about 35,000 units for Bill Sherer Corporation over the past three years. Taking over this product line should result in increased profits and revenue for American Access," Mr. Presley added. The current price for the product to installers is $119 per unit. Mr. Sherer will continue to market the products for American Access under a separate one-year, renewable agreement. "We believe that within a decade, most if not all AC systems will have germicidal germicidal /ger·mi·ci·dal/ (jer?mi-si´d'l) antimicrobial (1). germicidal destructive to pathogenic microorganisms. ultraviolet built in. American Access Technologies brings to the table the resources necessary for success in this developing market," Mr. Sherer said. "For the past three years, Eclipse has been a leader in providing quality air cleansing UV products serving both home and office. Eclipse is distinguished as a triple crown product in today's market : full certification (ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. Listed), lifetime warranty and high output germicidal UV; all in an affordable and easily installed package," Mr. Sherer said. American Access manufactures patented zone cabling units that mount in ceilings, raised floors, and in custom furniture, routing traditional cabling, 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 and wireless solutions 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. News and product/service information are available at htp://www.aatk.com. Note: This press release for American Access Technologies, Inc. may contain forward-looking statements 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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