American Access Technologies Featured in Florida Times-Union Article
May 19 2005 - 10:02AM
PR Newswire (US)
American Access Technologies Featured in Florida Times-Union
Article KEYSTONE HEIGHTS, Fla., May 19 /PRNewswire-FirstCall/ --
American Access Technologies, Inc. (NASDAQ:AATK) is pleased to
announce that the Company was featured in a full page article in
the business section of the May 16, 2005 edition of The Florida
Times-Union, the leading daily newspaper in the Jacksonville,
Florida market. The article highlighted the implementation of a
newly purchased laser cutting machine, which allows for a faster
manufacturing process in the production of zone cabling, wireless
enclosures and other metal products. The new machinery, which cost
approximately one million dollars, can be easily programmed for
specific design needs and enables the Company to automate the metal
cutting process, thereby increasing production and quality while
reducing costs. John Presley, Chief Executive Officer, commented,
"We bought it knowing what it will do for us. The laser has been
operating for a few months and its production is ahead of our
initial projections." In expectations of profitability in 2005, Joe
McGuire, Chief Financial Officer, stated, "The article focused on
our capital spending on new manufacturing equipment, improving
efficiencies, record sales in 2004 and newly issued standards
within the industry, which incorporates our products. The first
quarter of 2005 was the best first quarter in sales in the
Company's history." To view the article in its entirety, please
visit:
http://www.jacksonville.com/tu-online/stories/051605/bus_18734100.shtml
. About American Access Technologies, Inc. American Access
manufactures patented zone cabling and wireless enclosures that
mount in ceilings, raised floors, and in custom furniture, for
routing of telecommunications cabling, fiber optics and wireless
solutions to the office desktop, which comply with TIA standards.
The Company's concept of "zone cabling" reduces the cost of initial
network installation and facilitates moves, adds, changes and
upgrades for the network installations of today and tomorrow. Its
Omega Metals division manufactures its proprietary products, and
also provides state-of-the-art metal fabrication and finishing
services for public and private companies and for U.S. government
contractors. Our SEC filings, news and product/service information
are available at http://www.aatk.com/ . Cautionary Note on
Forward-Looking Statements: This press release and the newspaper
article about American Access Technologies, Inc. referred to herein
contain forward-looking statements as defined in Section 27A of the
Securities Exchange Act of 1934, regarding the expected positive
effect of new industry standards on demand for the Company's zone
cabling products and anticipated improvements in revenues and net
income in 2005. Prospective investors are cautioned that these are
forward-looking statements. Actual future events or results may
differ from the Company's expectations, and are subject to various
risks and uncertainties, including those listed in the Company's
SEC filings. The forward-looking statements made herein are based
on information presently available to the management of the
company. The company assumes no obligation to publicly update or
revise its forward-looking statements even if experience or future
changes make it clear that any projected results expressed or
implied therein will not be realized. Company Contact: Joe McGuire,
Chief Financial Officer (352) 473-6673/ DATASOURCE: American Access
Technologies, Inc. CONTACT: Joe McGuire, Chief Financial Officer,
American Access Technologies, Inc., +1-352-473-6673, or Web site:
http://www.aatk.com/
http://www.jacksonville.com/tu-online/stories/051605/bus_18734100.shtml
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