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Advanced Communications Subsidiary Cyber-Test is Awarded Million Dollar Monitor Contract
June 12, 2006 08:42:01 (ET)
NEW YORK, Jun 12, 2006 (BUSINESS WIRE) -- Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC), a New York-based company that, through its principal operating unit Encompass Group Affiliates, specializes in the technology aftermarket service and supply chain known as reverse logistics, today announced that its electronic equipment repair subsidiary, Cyber-Test, has been awarded a contract to manage an advance exchange program for LCD monitors, which includes two national major retail chains.
Lisa Welton, Cyber-Test's president and CEO said, "We were thrilled when our client asked us to manage this monitor advance exchange program for two nationally recognized retail chains, which will add $60,000 to $80,000 per month, or approximately $1 million annually, to Advanced Communications' revenue."
Wayne Danson, Advanced Communications' president and CEO remarked, "This is another example of Cyber-Test's ability to expand its business organically as a result of their service excellence and professionalism."
Danson added, "I'd like to take this opportunity to inform our shareholders and colleagues that we have identified, negotiated and mutually agreed to acquire multiple companies in the reverse logistics industry that compliment our business expansion strategy. We expect to share details of this exciting news shortly."
Advanced Communications is a rapidly growing company whose business strategy is to become a full service provider of repair, distribution, e-recycle, asset recovery and end-of-life cycle services in the reverse logistics industry. The company recently reported revenue of $7,043,000 for the nine months ended March 31, 2006.
About Advanced Communications Technologies
Advanced Communications is a New York-based company specializing in the technology aftermarket service and supply chain, known as reverse logistics. Its principal operating unit, Encompass Group, acquires businesses that provide computer and electronic repair services and end-of-lifecycle and asset distribution services. Encompass owns Cyber-Test, an electronic equipment repair company that provides repair and reverse logistics services to third-party warranty companies, OEMs, national retailers and national office equipment dealers including advance exchange, depot repair, call center support, parts and warranty management, fax machines, printers, scanners, laptops, monitors and multi-function units, including PDAs and digital cameras. For more information, visit http://www.advancedcomtech.net, or Cyber-Test's website at http://www.equipfix.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.
SOURCE: Advanced Communications Technologies, Inc.
Advanced Communications Technologies, Inc. Wayne Danson, 646-227-1600
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BE CAREFUL WITH THIS ONE PEOPLE!!!!!!!!!!!!
ADVC - ADVANCED COMMS TECH (OTCBB) Date Open High Low Last Change Volume % Change 06/12/06 0.0018 0.0019 0.0018 0.0018 +0.0003 79213672 +20.00%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 36834898
Medium Term Indicators 40 Day Commodity Channel Index Sell 50 Day Moving Average vs Price Sell 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 100% - Sell 50-Day Average Volume - 32572113
Long Term Indicators 60 Day Commodity Channel Index Sell 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 33% - Sell 100-Day Average Volume - 75651625
Overall Average: 64% - Sell
-------------------- GOD BLESS AMERICA, THE UNION, AND ALL OF OUR VETERANS!!!!!!!
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quote:Originally posted by TINPOZ: BE CAREFUL WITH THIS ONE PEOPLE!!!!!!!!!!!!
ADVC - ADVANCED COMMS TECH (OTCBB) Date Open High Low Last Change Volume % Change 06/12/06 0.0018 0.0019 0.0018 0.0018 +0.0003 79213672 +20.00%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Sell 20 Day Moving Average vs Price Sell 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Sell 20-Day Average Volume - 36834898
Medium Term Indicators 40 Day Commodity Channel Index Sell 50 Day Moving Average vs Price Sell 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 100% - Sell 50-Day Average Volume - 32572113
Long Term Indicators 60 Day Commodity Channel Index Sell 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 33% - Sell 100-Day Average Volume - 75651625
Overall Average: 64% - Sell
I have found these sites to be usually very late in telling investors what to do
when something hits is usually they are telling you to sell .it peaks or runs and then ends and they they have buy
I know a few that use to follow this and all they did was lose a ton of money fast .
if this runs go back to this site in 3 or 4 days and you see 80% buys when most of us have sold lol
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