NEW YORK, Nov. 8, 2005 (PRIMEZONE) -- Advanced Communications Technologies, Inc. (OTCBB:ADVC), a New York-based holding company that specializes in the technology after-market service and supply chain known as reverse logistics, today announced that its electronic and computer repair subsidiary and principal operating business, Cyber-Test, has increased its repair and exchange services on Blackberry(tm), Treo(tm) and other high-tech multi-function personal digital assistants (PDAs).
"As the demand for advanced technology repair and exchange continues to grow, Cyber-Test's experience and comprehensive understanding of the programs related to all brands and models of these popular devices allows us to expand on our service offerings and take a big bite of the market," said Lisa Welton, president and CEO of Cyber-Test.
"In addition, cellular phone repair depots typically do not have the technical expertise like we do to cross into the PDA technology and usually do not offer repair service on these 'phone-combo' units," said Welton. "This gives Cyber-Test a major advantage and an opportunity to gain a lot more customers and grow our business."
"During October, revenues generated from Cyber-Test repairs on high-tech devices increased from $52,300 to $120,000, or 129 percent, compared with the same period last year," said Wayne Danson, president and CEO of Advanced Communications. "For the same comparative period, the number of high-tech repairs increased from 403 units to 979, or 143 percent and we expect to at least double that by the end of fiscal 2006."
Cyber-Test considers itself well-positioned in the current demand surge since it has been repairing all brands and models of PDAs and other sophisticated technology products since 2004.
About Advanced Communications Technologies, Inc.
Advanced Communications Technologies is a New York-based public holding company specializing in the technology after-market service and supply chain, known as reverse logistics. Its wholly-owned subsidiary and principal operating unit, Encompass Group Affiliates, Inc. acquires and operates businesses that provide computer and electronics repair and end-of-lifecycle services.
Encompass owns Cyber-Test, Inc., a Florida-based electronic equipment repair company that provides board-level repair of technical products to third-party warranty companies, OEMs, national retailers and national office equipment dealers. Service options include advance exchange, depot repair, call center support, parts and warranty management for office equipment, fax machines, printers, scanners, laptop computers, monitors and multi-function units, including high-end consumer electronics such as PDAs and digital cameras.
For more information, visit http://www.advancedcomtech.net.
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An online investor relations kit containing Advanced Communications' press releases, SEC filings, current Level II price quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
This release and oral statements made from time to time by the company's representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "should," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the company with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
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