NEW YORK, Aug. 27, 2004 (PRIMEZONE) -- Advanced Communications Technologies, Inc. (OTCBB:ADVC) (the "Company") today announced that its new website has been launched and may be accessed at www.advancedcomtech.net.
Wayne Danson, the Company's President and Chief Financial Officer said, "We hope that our investors will find the information available on the new website helpful." Danson continued, "With all of the new and vital activities that transformed the Company over the past year, from a single technology company with no revenue to an expanding business enterprise with over $8,000,000 in assets, we deemed it important to provide our shareholders and the general public with an effective channel to as much current information about the Company as possible."
Martin Nielson, the Company's Senior Vice President-Acquisitions and Chief Executive Officer of Encompass Group Affiliates, Inc. ("Encompass"), the Company's principal operating entity said, "We have recently undergone many constructive changes that our new website reflects." Nielson continued, "The website depicts our current business ventures, acquisition objectives, the role of Encompass, Cyber-Test's (the Company's core business entity) operations, corporate governance, and much more. We are pleased with the level of information that the website offers and encourage you to visit it soon and submit your feedback."
Advanced Communications' new website enables shareholders and interested parties to access an in-depth business overview of the Company, a description of its subsidiary companies, current and past press releases and SEC filings, business highlights, biographies of the management team, a current Company stock quote, and even provides a section to request corporate communications by email, among other things.
About Advanced Communications Technologies Inc.
Advanced Communications Technologies, Inc. (the "Company") is a New York City-based holding company that, through its wholly owned subsidiary and principal operating unit Encompass Group Affiliates, Inc., owns Cyber-Test, Inc., an established electronic equipment repair company based in Longwood, Florida. Additionally, the Company, through its wholly owned investment subsidiary Hudson Street Investments, Inc., owns a minority interest in Yorkville Advisors Management, LLC, an investment management partnership, and through SpectruCell, Inc., owns the rights to market and distribute in North and South America, SpectruCell, an in-development wireless-based telecommunications technology.
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc. ("Encompass") is the principal operating company of Advanced Communications Technologies, Inc. Based in New York City, Encompass seeks to acquire companies that complement its charter to become a leader in integrated technology and services. Encompass owns Cyber-Test, Inc., an established electronic equipment repair company based in Longwood, Florida and exclusive licenses to selected technology assets.
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934. Although the Company believes that the expectations reflected in such statements are reasonable, no assurances can be given that they will prove correct. The Company remains exposed to risk factors outlined in the Company's Prospectus and Annual Report on Form 10-KSB as filed with the Securities and Exchange Commission. Statements made herein are not a guarantee of future corporate or stock performance.