American Access Technologies Cites Margin Calls as Cause of Recent Share Price Volatility.

LAKE MARY, Fla.--(BUSINESS WIRE)--Aug. 23, 1999--

Telecommunications equipment manufacturer American Access Technologies, Inc. (NASDAQ SmallCap: AATK) commented today on the recent volatility of its stock. The company was informed that a large block of stock has been liquidated as a result of margin calls, causing an imbalance in trading.

"The company does not normally comment on its stock price, but due to the unusual nature of recent trading patterns, we believe it is important for our shareholders to know that insiders have not been selling the stock during this period. The company has been advised that several large blocks of American Access stock held in margin accounts were liquidated due to margin calls. The large number of shares involved, when thrown into our normal trading activity, has at least partially caused this imbalance in trading," said American Access president John Presley.

American Access recently announced the acquisition of the trademarks, assets, orders and bidding backlogs of Genco, Inc., a manufacturer of generator enclosures, for consideration of $550,000 in American Access stock valued at $20 per share. In addition, the company recently reported record sales of $2,925,567 for the six months ended June 30, 1999, up 29% from the $2,260,235 recorded in the six months ended June 30, 1998, reflecting two consecutive quarters of positive net income since the company emerged from its development stage. American Access also maintains significant cash reserves with minimal liabilities.

"We believe that our recent sales and acquisitions speak for themselves and that the company represents a good value to shareholders," Presley said.

American Access Technologies, Inc., based in Lake Mary, FL, is a telecommunications technology company that develops, manufactures and markets innovative products designed to support the evolving structured cabling system components of the telecommunications industry. 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 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.

This press release was prepared by The Cavior Organization, Inc., a public relations firm, based on information supplied by its client, American Access Technologies, Inc. The information contained herein is believed to be reliable, but has not been independently verified by The Cavior Organization, Inc. None of the information contained in this press release should be construed as an offer to buy or sell securities, either directly or indirectly. Officers and employees of The Cavior Organization, Inc. may from time to time acquire, hold or sell a position in the securities mentioned herein.