Stockreporter.de Announces Investment Opinion on Advanced Lumitech.

NEW YORK--(BUSINESS WIRE)--Sept. 9, 1999--

Stockreporter.de Begins Coverage of Advanced Lumitech (ADLU)

With a Strong Buy Recommendation and a Conservative Price

Target of $6 Per Share

Advanced Lumitech Inc., (OTC BB:ADLU) today received a strong buy recommendation from Stockreporter.de, a leading European financial Internet publication at www.stockreporter.de. Stockreporter.de specializes in the coverage of micro caps and undervalued OTC and BB companies. The successful Stockreporter.de team is the first independent analyst to begin coverage of Advanced Lumitech and release an investment opinion. Stockreporter.de began coverage with a conservative target price of $6 per share for the year 2000, at a current share price of about $0.40 offering amazing potential in the short, medium and long terms.

All of the successful Stockreporter.de team's buy recommendations have shown an extraordinary share price performance, since Stockreporter.de issued its recommendations for the respective company. Thus, Stockreporter.de's portfolio is a very successful and very reliable one, featuring FutureLink Distribution (FLNK), Teltran International (TLTG), Antra Music Group (RECD), CancerOption.com (CAOP), International Fuel Technology (IFUE), Rhombic Corp. (NUKE), Advanced Optics Technologies (ADOT), and now the brand new, Advanced Lumitech (ALDU), which is going to be the next, extremely successful, investment opportunity.

"Advanced Lumitech is a company which has shares with an enormous price potential. We therefore consider Advanced Lumitech's shares as being one of the most interesting investments in recent times. We would particularly like to emphasise that the company is only at the start of its potential and will secure a large portion of the market for luminescent photography and colour imaging," said Tim A. Kneib from Stockreporter.de today. He continued, "Advanced Lumitech offers an exclusive, patented process which makes it possible for the first time, to create luminescent, colour pictures that are visible at night and also decor of photographic quality, which can be applied to a multitude of objects in numerous fields worldwide. Advanced Lumitech's objective is to become a leader in the technological sector. It is also the company's intention to take advantage of expertise which has been acquired by using new generations of high intensity pigments, in order to become a company that is recognized as offering the most advanced, state-of-the-art, luminescent products (sheets, paints, compounds, etc.). In referring to this enormous and unlimited growth potential, we are particularly pleased to issue a strong buy recommendation today for Advanced Lumitech Inc. (ADLU)."

Tim A. Kneib continued, "We are strongly convinced that this company has an extremely strong potential. Therefore, we strongly believe that this company is going to belong to the best performing shares of the OTC and BB segment." He added: "In our opinion, this share really deserves a strong buy recommendation and has enormous potential over the next few weeks, months and well into the year 2000."

The report of Stockreporter.de includes the following information:

COMPANY OVERVIEW

Advanced Lumitech, Inc. was incorporated on April 16, 1986 as Hyena Capital Inc., a Nevada corporation. The company had no operations of any kind during the period from incorporation to August 13, 1998. On August 13, 1998, the company acquired 100% of Lumitech S.A.'s outstanding common stock (Swiss Lumitech), a company founded in Switzerland in 1992, which had acquired rights to the Luminescence Technology Patents and had developed them further. From that point on, Swiss Lumitech engaged in developing the Luminescence Technology and utilized it to develop a range of luminescent watches, which it then distributed through an affiliated company. On August 14, 1998, the company's Board of Directors authorized changing the company's name from Hyena Capital Inc. to Advanced Lumitech Inc.

Advanced Lumitech's business is to generate revenues from granting licenses to use the Luminescence Technology and from the sale of luminescent sheets and substances. These activities are commercialized under the brand name of "Brightec." Such licenses are for a particular field of application and for a specific geographic region. Once a license has been granted, the company primarily earns its revenues from the sale of Brightec products to the licensee. The licensing agreements are subject to various conditions, including - without limitation - minimum, annual purchase requirements for Brightec sheets or substances, or both. It is also required that the Brightec label must be displayed on all products which are sold under the license and the licensing fees must be paid in amounts depending upon the value Brightec products purchased by the licensee; among other considerations.

Products

Brightec images have the following characteristics, which Advanced Lumitec believes are unique for a product at this or any other price level.

o Pictures of excellent quality in daylight and at night: fine

detail and millions of colors

o In daylight, pictures are produced without the yellowish tint found

with standard luminous products

o At night, pictures are produced without the strong greenish color

associated with standard luminous products

o Luminescence is guaranteed for life

o Excellent resistance to thermal and mechanical shocks, heat, cold

and humidity

o Luminescence is non-toxic and non-polluting.

Brightec utilizes photo-luminescence, the most widespread of six luminescent forms. It also utilizes the latest generation of high intensity pigments, based on alkaline earth, which are able to produce luminescence at up to 10 times the level of traditional pigments based on zinc sulfide. The luminescent substances, such as paint, inks and compounds, are designed for applications using pictures, including safety and decoration, and applications without pictures, such as markings. The luminescent sheets are manufactured in various categories and sizes, which permit widespread applications in photography, colored printing, textiles, decoration and different printing technologies, such as ink-jet, offset and sublimation. Specific sheets have been developed for specific applications within these categories. For example, special luminescent sheets are required for watch dials and different sheets are required for various textures such as canvas, which give a different look or quality to the printed image.

ADLU believes that the main factors which will appeal to licensees are the unique, luminescent images of photographic quality produced by Brightec products, Brightec's ease of application and the use of existing, widely available digital printing and other technologies.

The intermediate raw materials used in Brightec products are supplied by Socol S.A., a Swiss based company, which has been involved in the development and production of luminescent substances for over 20 years. Socol, which produces and provides more than 1,000 metric tons of paint to its customers each year, has worked with ADLU in developing the Luminescence Technology and Brightec products to current levels.

Management

Patrick Planche (CEO) is the President and a shareholder of the company. He is also President and co-founder of Lumitech S.A. He studied economics and obtained a degree in business management at the Faculty of Economic and Social Science at Geneva University. Francois Planche is the Director of Production, Research and Development, a director and co-founder of Lumitech S.A. and an ADLU shareholder. He holds a Federal Certificate of Proficiency as an interior designer from the Geneva School of Decorative Arts and obtained a degree in psychology, followed by a diploma in genetic psychology and its applications from Geneva University's Psychology and Educational Sciences Faculty. Dr. Benoit Markwalder is the Director of Socol S.A. and a shareholder in ADLU. He is a specialist in advanced technologies in the field of thin layered, industrial coatings and in developing sub-strata with passive luminescence.

GROWTH INDUSTRY AND MARKETING STRATEGY

ADLU intends to initially market Brightec products in the following markets.

o Photography and color printing: any kind of photograph or picture

can be made entirely luminescent by using Brightec technology.

This market includes articles such as private photographs,

night-lights, watch dials, measuring instrument dials and

key-ring fobs.

o Textiles: the market consists of textile products with pictures

and designs; including T shirts, caps, shoes, bags and lamp

shades. Brightec makes it possible to apply all types of

luminescent pictures, in millions of colors, to textiles.

o Decor: this market includes a wide range of articles for interior

and exterior decoration. Using Brightec, such products offer the

added benefit of visibility and safety in the dark. Objects can

be colored with images, etc. The aging population will stimulate

this market.

o Compounds: the performance and quality of Brightec substances

offer outstanding luminescent efficiency and applications, in

various fields such as marine, telecoms and signs.

Advanced Lumitech intends to initially market Brightec through its licensees in the US; commencing with the professional photo-outlet market, primarily. US consumers typically demonstrate a repetitive and insatiable pattern of demand for family style, photo-imagery associated with seasonal events such as Christmas, sports events, etc.

ADLU intends to distribute the products by using existing distribution channels initially. These include professional photo-outlets and major market dominators such as school photography corporations. These "multipliers" have their own captive markets, are already in place and are searching for new products with higher (profit) margins. In addition, these professionals have the time and space for product demonstrations which sell advantages to their clients, when they add a luminescent series to the order.

ADLU's discussions with potential licensees are considerably advanced, both in Europe and the US. These candidates include major consumer franchises such as Mister Minit, multi-national OEM's like 3M, and national photo-outlet distribution networks.

EARNINGS PROJECTIONS

The following projections which were estimated by the management, are based on conservatively projected revenues. We therefore consider that these figures are both very realistic and achievable. -0-

                  Gross Revenue:

                  Year 2000:          $15,269,673
                  Year 2001:          $175,877,625


                  Gross Profit Margin:

                  Year 2000:           $1,607,334
                  Year 2001:           $38,241,840

Advanced Lumitech Inc. is a publicly traded company with an approximate total of 30,200,000 issued and outstanding shares and 5,000,000 publicly floated shares.

EVALUATION AND OUTLOOK

Even if we take $15,300,000 as a very conservative estimate of revenue for the year 2000 and a revenue multiple of only 12, we consider that a market capitalization of $184,000,000 is absolutely fair, even from conservative aspects. Hence, we are fixing our price target at a minimum of $6 per share for next year (with about 30,200,000 shares).

Last but not least, we would like to mention an additional and very important aspect. The company's management is currently discussing whether to apply for a listing on the NASDAQ. This forthcoming listing of Advanced Lumitech on the renowned NASDAQ will therefore considerably increase the share price, in particular. Therefore, we especially believe that publicly listing the stock on a major stock exchange will give a strong impetus to new investors, both retail and institutional; thereby driving the share price up to levels which the stock really deserves. Furthermore, Advanced Lumitech has already been listed at the Berlin Stock Exchange, a major European OTC stock exchange. These listings open the door for major, institutional investments by national funds and investment bankers and they will reduce the negative influence which day traders currently exert. For this reason, potential investors now have a highly unique and promising opportunity to invest in Advanced Lumitech's shares, on a more than advantageous level of share price.

According to these facts and the great opportunities which the new major listing will probably offer, we are strongly convinced that the ADLU share is drastically undervalued at a current price of about $0.40 and that it offers an amazing potential in the short, medium and long terms. For this reason, we believe that the ADLU share is currently one of the most exciting and most promising investment opportunities for both retail and institutional investors and that the ADLU share is going to be one of the best performing telecommunication shares in the next weeks, months and years.

NOTICE

Any Stockreporter Micro Cap recommendation still includes a high degree of risk and is at the investor's individual and own risk. Many Stockreporter recommendations contain forms of "forward-looking statements" that are based on the company's beliefs as well as assumptions made by information currently available to Stockreporter and to the general public. Such statements are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated or projected and the variations may be material. Therefore no claim for any kind of warranty can and will be accepted by Stockreporter. Moreover, the team of Stockreporter.de wants to stress once again that all Stockreporter recommendations are based on subjective assessments that have been made out exclusively on the basis of facts being known to the general public. All Stockreporter recommendations are made on an unsolicited basis. Stockreporter meticulously and independently selects the companies which are candidates for a buy recommendation and which are featured on the Stockreporter web site. Stockreporter does not receive a fee for any of its buy recommendations and does not charge a fee for its buy recommendations to the companies concerned. In some certain cases, Stockreporter will only accept a basic reimbursement of costs (e.g., American-English Translation Services, Business Wire fees, administrative expenses, etc.) to cover in these cases the higher costs.

If you have any further question regarding this buy recommendation or any other inquiry or suggestion, please, do not hesitate to contact Stockreporter.de at any time. We appreciate it very much to stay in close contact to both institutional and private investors and OTC and BB companies.