Avalon Group Signs Agreement to License Body Fat Analysis Technology.CEDAR RAPIDS Cedar Rapids, city (1990 pop. 108,751), seat of Linn co., E central Iowa, on the Cedar River; inc. as a city 1856. The second largest city in Iowa, it is named for the surging rapids in the river. , Iowa--(BUSINESS WIRE)--Aug. 26, 1998--Avalon Group, Inc. today announced that it has signed an agreement with a U.S. manufacturer to license its proprietary "body fat analysis" technology. The technology uses bioimpedance to measure an individual's body fat by sending a mild electrical current through the body and using a series of algorithms to calculate the percentage of body fat present. This agreement provides Avalon with an exclusive, worldwide license (for specific applications) from a manufacturer that has developed a refinement on bioimpedance using proprietary Ohms Modulation Logic (OML OML Object Manipulation Language (ODMG) OML Ordinary Maternity Leave (UK) OML Order of Merit List OML Orquestra Metropolitana de Lisboa (Portugese) OML Oil Mining License ) technology. This OML technology avoids problems common in other bioimpedance technologies, such as variations due to temperature or body water changes, or the need to remove shoes to use the device. The manufacturer of the technology claim an accuracy to within 2.5% of underwater weighing, which is a widely-recognized benchmark for body composition. This OML bioimpedance technology is a moreconvenient method and is ideal for in-the-field analysis. Ron Green, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Avalon Group, Inc. added, "The importance of monitoring body composition and not simply body weight has always been widely acknowledged by healthcare professionals. However, the issue has never been widely recognized by the public because of the difficulties in obtaining an accurate body fat measurement without involving trained, qualified professionals and the associated costs. Avalon plans to offer a body fat analysis solution using the technology featured in this announcement." Avalon Group, Inc. Stock symbol: OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. (R): AVAL X-po! is a trademark of Avalon Group, Inc. Avalon Group, Inc. is a company that designs and markets technology solutions for customers in a variety of industries. The Company's first major product, the X-po! kiosk was launched in 1998 as a state-of-the-art, interactive kiosk An Interactive kiosk is a computer terminal that provides information access via electronic methods. Interactive kiosks sometimes resemble telephone booths, but can also be used while sitting on a bench or chair. that is Internet-ready and uses standard personal computer (PC) architecture. This release contains 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. that involve risks and uncertainties and actual results may be materially different. Investors are encouraged to perform comprehensive 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. before making investment decisions.
CONTACT: Jim Thebeau
Henry Russell Bruce Public Relations
(319) 298-0242
E-mail: Thebeau@hrb-ideas.com
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