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1998 Press Releases


AMERICAN ACCESS TECHNOLOGIES, INC. ANNOUNCES APPROVAL BY UNDERWRITERS LABORATORIES (UL®) OF ZONE CABLING TERMINATION CABINET FOR CEILING-MOUNTED HUBS AND ROUTERS AND CREATES THE "BEST SOLUTION" TO UPGRADE U.S. SCHOOLS

Orlando, FL - January 27, 1998

AMERICAN ACCESS TECHNOLOGIES, Inc. (OTC Bulletin Board: AATK ) has received UL® approval for their second generation Zone Cabling Termination Cabinet (ZCTC 1024-HR) giving them the green light to the telecommunications industry utilize zone cabling for high-speed data/voice infrastructures. These infrastructures can now be positioned in the ceiling tile grid system, effectively increasing the availability of rentable space and greatly reducing the normal costs of structured cabling systems.

Two of the most beneficial applications are for schools and offices. A vast majority of the schools built prior to 1994 were constructed with no provisions for telecommunications equipment. Upgrading these schools in a conventional manner would cost hundreds of millions of taxpayer dollars. With the use of the ZCTC 1024-HR these classrooms can be outfitted with the latest in technology for a fraction of the cost. Classrooms can be upgraded without major construction being performed. This product has been presented to various school board representative and positive responses have been received. More offices are being constructed with modular furniture. The ZCTC 1024 and the ZCTC 1024-HR are the easiest way to bring communications to the desk and while providing more flexibility for changes necessary when needed. After only two moves or changes within the office arrangement, the ZCTC system pays for itself.

Industry leaders, Bob Steger of ICG Fiber Optic Technologies (Nasdaq: ICGX) and Philip Klingensmith, RCDD of Building Industry Consulting Servicing International, a Telecommunications Association, endorsed the ZCTC 1024-HR and confirmed its impact on the telecommunications industry. Mr. Steger concluded, "The Zone Cabling Termination Cabinet is the answer to our customer needs since most have frequent moves, adds and changes. This product will reduce customer costs substantially."

Mr. Klingensmith further states, "Future life cycles of structured cabling systems will depend on the cost-effective capability to make fast, flexible and uncomplicated changes in an open office environment." The ZCTC 1024-HR provides unparalleled capabilities for such changes.

American Access Technologies, Inc. is the only company that is totally focused on zone cabling technology. The company recently designed and began manufacturing the ZCTC 1024, the only telecommunications enclosure that can be placed into the ceiling tile grid system. It has been designed to easily allow every manufacturer of telecommunications equipment to place this equipment into the structured zone cabling environment. This is the only product manufactured that can simply place telecommunications equipment into the ceiling, provide extensive cabling flexibility and still comply with industry as well as building codes, standards and regulations. The ZCTC system is the only system that brings high-capacity Voice, Data, Fiber, Video, and Coaxial Cable to the desk.

The design and application of the ZCTC 1024 provides the best solution to the federally mandated public school program of providing Fiber Optics and Internet access to the classroom. This unit is designed to be cost-effective for installations and renovations while producing a cost savings of 40-70 percent on every voice/data cabling system move, add or change. What makes these savings more significant is that 45% of all workstations are moved, added or changed every year.

AMERICAN ACCESS TECHNOLOGIES BAGS FIRST MAJOR SCHOOL INSTALLATION

Orlando, FL - February 17, 1998

AMERICAN ACCESS TECHNOLOGIES, Inc. (OTC Bulletin Board: AATK ) and Data Star Computer System, Inc. jointly announces agreement for sale and installation of a structured communication system (Internet access and distribution) for a large Central Texas School District. The package deal will include American Access Technologies Zone Cable Termination Cabinet (ZCTC1024-HR) and related accessories, Cisco Hubs and Routers, Berk-Tek Connectors, and Panduit wiring apparatus. The value of the contract is approximately $5.2/M.

American Access Technologies

AMERICAN ACCESS TECHNOLOGIES, INC. is the only company that is totally focused on zone cabling technology. The company recently designed and began manufacturing the ZCTC 1024-HR & LP models which are the only telecommunications enclosures accommodating hubs and routers that can be placed into the ceiling tile grid system.

Cisco Systems, Inc.

Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet.

Berk-Tek

Berk-Tek is a subsidiary of Alcatel Alstom Group (FF 1.62 billion revenues in 1996) is a worldwide company working in 130 countries on projects in the telecommunications field.

Panduit

Panduit is a global, world-class company, innovative in designing, manufacturing, and marketing high volume, standard, wiring and communications products and systems.

The design and application of the ZCTC 1024 provides the only effective solution to the federally mandated (E-RATE) public school program of providing Fiber Optics and Internet access (voice and data) to the classroom. This unit is designed to be cost effective for installations as well as renovations while at the same time produce a cost savings of 40-70 percent on every voice/data cabling system move, add or change. 45% of all workstations are moved, added or changed every year.

This news release contains forward-looking statements regarding the corporations identified herein. Such statements are subject to risks and uncertainties, including continued policy support for increased competition in telecommunications markets, finalization of supply and timely deployment of the company's products.

AMERICAN ACCESS TECHNOLOGIES LANDS INITIAL ORDER FROM SUN MICROSYSTEMS; TARGETS 1998 TELCOM EQUIPMENT SALES AT $7.5 MILLION, UP FROM $275,000 IN 1997

Orlando, FL - April 14, 1998

AMERICAN ACCESS TECHNOLOGIES, INC. (OTC Bulletin Board: AATK) announced today an initial order for telecom switching enclosures from Sun Microsystems (NASDAQ: SUNW) for its Denver, CO campus. CEO Richard A. Murray, designer of the company's patented Zone Cabling Termination Cabinet (ZCTC) technology, said that further Sun Microsystems orders for its Boston and Silicon Valley facilities could total hundreds of units at an installed cost of approximately $1,000 per unit. "American Access Technologies is targeting 1998 sales of $7.5 million, up from $275,000 in 1997, our startup year," said Murray. "Our Sun Microsystems order is an important step toward that goal," he noted. American Access Technologies' patented, UL-approved Zone Cabling Termination Cabinet (ZCTC) applies the concept of "Zone Cabling" to replace conventional telecommunications wiring. By situating a 2-ft.x 4-ft. ZCTC "mini phone closet" in the ceiling or floor nearby phones, faxes and workstations, wiring for these devices need only extend a short distance -- versus all the way out to a conventional "phone closet" several hundred feet away. The ZCTC unit itself is connected to the conventional "phone closet," or directly to the Main Distribution Frame, via a single cable, thereby eliminating miles of wiring in the typical building. Bypassing conventional "phone closets" in this manner enables corporate offices, technical centers, schools, labs and hospitals to greatly reduce recabling costs as their needs change.

Zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system by as much as 70%. American Access Technologies, Inc. introduced ZCTC technology for telecommunications enclosures in nearby floors and ceilings in 1997.

The company partners with Anixter International Inc. (NYSE: AXE) as distributor, ICG Fiber Optic Technologies, Inc. (NASDAQ: ICGX) as key vendor and Lucent Technologies (NYSE: LU) as manufacturer of Systimax(TM) Solution telecommunications equipment.

Note: This press release for American Access Technologies, Inc. contains forward-looking statements as defined in Section 27A of the Securities Exchange Act of 1934, regarding events, conditions and financial trends that may affect operating results and financial position. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual events or results may differ from the company's expectations, which are subject to various risks and uncertainties listed in the company's SEC filings.

AMERICAN ACCESS TECHNOLOGIES WINS ORDERS FROM MOBIL AND FINA

Orlando, FL - April 20, 1998

Company says surprise unsolicited order shows product appeal.

AMERICAN ACCESS TECHNOLOGIES, INC. (OTC Bulletin Board: AATK) announced today that Mobil Corporation (NYSE: MOB) and Fina, Inc. (NYSE: FIN) have placed opening orders for its cost-saving Zone Cabling Termination Cabinet (ZCTC) telecom switching enclosures. The units to be installed in the mainframe rooms of Mobil in Reston, VA and Fina in Dallas, TX represent the first orders received for the company's new raised-floor version of its ZCTC product.

"Receipt of these two orders reinforces our belief that our patented system is truly a better mousetrap for the data-based telecom industry," said ZCTC inventor and company CEO Richard A. Murray. "In fact, the Mobil order came in over-the-transom and cleaned out our entire inventory. This indicates to us that word is getting around about the cost-saving benefits of our technology," he added.

American Access Technologies' patented, UL-approved Zone Cabling Termination Cabinet (ZCTC) technology applies the concept of "Zone Cabling" to replace conventional telecommunications wiring. By situating a 2-ft. x 4-ft. ZCTC "mini phone closet" in the ceiling or floor nearby phones, faxes and workstations, wiring for these devices need only extend a short distance -- versus all the way out to a conventional "phone closet" several hundred feet away. The ZCTC unit itself is connected to the conventional "phone closet," or directly to the Main Distribution Frame, via a single cable, thereby eliminating miles of wiring in the typical building.

Bypassing conventional "phone closets" in this manner enables corporate offices, technical centers, schools, labs and hospitals to greatly reduce recabling costs as their needs change. Zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system up to 70%.

American Access Technologies, Inc. introduced ZCTC technology for telecommunications enclosures in nearby floors and ceilings in 1997. The company partners with Anixter International Inc. (NYSE: AXE) to supply the enclosures for the Mobil and Fina installations, which will be outfitted with Patchmax(R) LC Fiber Connectors from Lucent Technologies (NYSE: LU).

AMERICAN ACCESS TECHNOLOGIES RECEIVES SECOND ORDER FROM FIRST DATA; TRANSACTION PROCESSING FIRM ADOPTS ZONE CABLING TECHNOLOGY

Altamonte Springs, FL - May 28, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) announced today that it has received its second order from First Data Technologies, Inc., a subsidiary of First Data Corporation (NYSE: FDC), for cost-saving Zone Cabling Termination Cabinet (ZCTC) telecom switching enclosures.

Distributor Kent Electronics (NYSE: KNT) will supply the enclosures for the installation, which will feature cable from Belden Inc. (NYSE: BWC), couplings from Krone, Inc. and a "Symphony Certified Cabling System" 20-year warranty.

"First Data has some very sharp people on staff who know exactly what they want," said American Access Technologies CEO Richard A. Murray. "I am glad that American Access could provide a solution to fit their needs for now and the future," he added.

"Our first order demonstrated conclusively that Zone Cabling saves significant time and money in our day-to-day operations," said First Data spokesman Michael Kalac.

Introduced in 1997, American Access Technologies' patented, UL-approved Zone Cabling Termination Cabinet (ZCTC) applies the concept of "Zone Cabling" to replace conventional telecommunications wiring. By situating a 2-ft. x 4-ft. ZCTC "mini phone closet" in the ceiling or floor nearby phones, faxes and workstations, wiring for these devices need only extend a short distance -- versus all the way out to a conventional "phone closet" several hundred feet away. The ZCTC unit itself is connected to the conventional "phone closet," or directly to the Main Distribution Frame, via a single cable, thereby eliminating miles of wiring in the typical building.

Bypassing conventional "phone closets" in this manner enables corporate offices, technical centers, schools, labs and hospitals to greatly reduce recabling costs as their needs change. Zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system by as much as 70%.

American Access Technologies, Inc. is a telecommunications technology company whose innovative products are designed to support the evolving structured cabling system components of the telecommunications industry.

Hackensack, NJ based First Data Corporation is a leading global provider of transaction processing services --- credit, debit and pre-paid card processing; payment systems; electronic commerce and information management. In partnership with clients, primarily financial institutions, and a worldwide Western Union agent network, First Data and its principle operating units process the information that allows millions of consumers to pay for goods or services by credit, debit or smart card at any point of sale, whether at the retail counter or on the Internet.

AMERICAN ACCESS TECHNOLOGIES IN DEAL WITH AV MED HEALTH PLAN; HOSPITAL CHAIN ADOPTS ZONE CABLING TECHNOLOGY IN NEW JACKSONVILLE UNIT

Altamonte Springs, FL - June 8, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) announced today that it has installed its Zone Cabling Termination Cabinet system (ZCTC 1024 LP) in the new Jacksonville, FL facility of AV Med Health Plan, a non-profit medical plan headquartered in Gainesville, FL. American Access Technologies CEO Richard A. Murray said that the Zone Cabling Termination Cabinets were specified for the ceiling tile grid system of the office complex by John Gray, field service manager of distribution technology for Lucent Technologies (NYSE:LU) and were outfitted with Lucent connecting equipment. Murray said that the ZCTC 1024 LP cabinets were supplied by American Access Technologies distributor

Anixter, Inc. (NYSE:AXE). Introduced in 1997, American Access Technologies' patented, UL-approved Zone Cabling Termination (ZCTC) applies the concept of "Zone Cabling" to replace conventional telecommunications wiring. By situating a 2-ft. x 4-ft. ZCTC "mini phone closet" in the ceiling or floor nearby phones, faxes and workstations, wiring for these devices need only extend a short distance -- versus all the way out to a conventional "phone closet" several hundred feet away. The ZCTC unit itself is connected to the conventional "phone closet," or directly to the Main Distribution Frame, via a single cable, thereby eliminating miles of wiring in the typical building.

Bypassing conventional "phone closets" in this manner enables corporate offices, technical centers, schools, labs and hospitals to greatly reduce recabling costs as their needs change. Zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system by as much as 70%.

American Access Technologies, Inc. is a telecommunications technology company whose innovative products are designed to support the evolving structured cabling system components of the telecommunications industry.

AMERICAN ACCESS TECHNOLOGIES TO APPLY FOR LISTING ON NASDAQ

Altamonte Springs, FL - June 11, 1998

The Board of Directors of American Access Technologies, Inc. (OTC Bulletin Board:AATK) has authorized the company to apply to the NASDAQ Stock Market, Inc. for listing of its common stock on the NASDAQ Small Cap Market under the symbol AATK.

CEO Richard A. Murray stated that he looks forward to the company joining the ranks of the dynamic suppliers of telecommunications equipment on the Nasdaq Stock Market. The company's common stock has been trading on the OTC Bulletin Board since August 1997.

American Access Technologies, Inc. develops, designs and markets products for the telecommunications industry. Its first product, a Zone Cabling Termination Cabinet, which facilitates the laying of telecommunications cables, was introduced in January 1997 and is marketed in conjunction with leading equipment manufacturers and distributors such as Anixter, Kent Datacom, State Electric, Coleman's, Platt DSV Resource Center and Allnet Technologies (Pty) Ltd.

AMERICAN ACCESS TECHNOLOGIES SAYS TEXAS SCHOOL DISTRICT ADOPTS SYSTEM TO SPEED CLASSROOM INTERNET ACCESS UNDER FEDERAL MANDATE

Altamonte Springs, FL - July 17, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) today reported that the Independent School District of Richardson, TX in metro-Dallas has fully adopted the company's Zone Cabling Termination Cabinet (ZCTC) technology as the solution to E-RATE, the federal mandate to provide Internet access to public school classrooms by the year 2000.

The school district first tested the American Access ZCTC-1024HR series of ceiling-grid "phone closets" last February in Phase 1 of its twelve-phase implementation program. Phase 6, installation and retrofitting of the Zone Cabling units, is currently underway.

"Zone Cabling's total flexibility makes it the ideal solution for configuring and reconfiguring Internet access in today's classrooms, and opens up an important new market for us in education," said company CEO Richard A. Murray. "We are proud to be at the leading edge of education, helping public schools to bring the world into the classroom through the power of the Internet."

The ZCTC units being installed incorporate Catalyst C-1900 switches from Cisco Systems (NASDAQ: CSCO), the worldwide leader in networking for the Internet, as well as cabling from Berk-Tek, a subsidiary of European telecom giant Alcatel Alsthom (NYSE: ALA), and connecting equipment and wire management apparatus from Panduit, a global innovator in the design and manufacture of wiring and communications products and systems. Datastar Computer Systems, Inc. is the VAR/contractor installing the units; Southwestern Bell, a subsidiary of SBC Communications (NYSE: SBC), is the network integrator.

AMERICAN ACCESS TECHNOLOGIES AGREES TO ACQUIRE OMEGA METALS IN $4.5 MILLION STOCK TRANSACTION

Altamonte Springs, FL - July 28, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) announced today that it has signed a letter of intent to acquire privately held specialty metals manufacturer Omega Metals,Inc. of Keystone Heights, FL in a pooling-basis transaction for 200,000 shares of American Access common stock with an indicated present market value of $4.5 million.

American Access President Richard A. Murray said that Omega, which serves as one of its parts subcontractors, generated approximately $4.5 million in annual revenues and net income of approximately $1 million in 1997.

"This acquisition is the first step in our plan to solidify production capability for our Zone Cabling products. But in addition to servicing our own internal growth, Omega will continue to generate revenues from a broad range of other customers," said Murray.

"Omega Metals has been proud to provide high quality components to American Access for its line of innovative telecom products. We are delighted to join a company that is reshaping the industry," said Omega President John Presley, who will continue as CEO of the new Omega unit of American Access.

HARRIS SEMICONDUCTOR ADOPTS AMERICAN ACCESS TECHNOLOGIES' COST-SAVING ZONE CABLING TELECOMMUNICATIONS TECHNOLOGY

Altamonte Springs, FL - August 25, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) announced today that it has begun supplying Harris Semiconductor of Melbourne, FL, a unit of Harris Corporation (NYSE: HRS), with multiple units of its Zone Cabling Termination Cabinet (ZCTC-RF series) product for raised floors.

Anixter International Inc. (NYSE: AXE) acts as distributor in the sale. American Access' patented, UL-approved Zone Cabling Termination Cabinet (ZCTC) products for ceiling grids and raised floors apply the concept of "Zone Cabling" to replace conventional telecommunications wiring with a system that provides complete flexibility for voice and data cabling infrastructures. In addition to the benefits of greater convenience and ease-of-use, zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system by as much as 70%.

"We are gratified that another leader in communications equipment has come around to the potential of our Zone Cabling system to significantly cut time and expense associated with moves, adds and changes to telecom wiring," said American Access President and CEO Richard A. Murray. "In fact, Harris Semiconductor engineers even replaced the floor tiles in their mainframe room with 1 1/2-inch clear acrylic to show off our technology. This extra effort on their part makes us very proud," he noted.

Harris Corporation is an international communications, electronics and information systems company with worldwide sales of more than $3.8 billion. Its Harris Semiconductor unit provides advanced integrated circuits (ICs) and discrete semiconductors for telecommunication, automotive, multimedia, and power products, developing breakthrough products for new markets including wireless communication, video conferencing, automotive multiplexing, and satellite communications.

American Access Technologies, Inc. is a telecommunications technology company that develops, designs and markets innovative products designed to support the evolving structured cabling system components of the telecommunications industry. Its first product, the Zone Cabling Termination Cabinet, was introduced in January 1997 and is marketed in conjunction with leading telecommunications equipment manufacturers and distributors such as Anixter International Inc. (NYSE: AXE), Kent Electronics (NYSE: KNT), State Electric, Coleman's, Platt DSV Resource Center and Allnet Technologies (Pty) Ltd.

AMERICAN ACCESS TECHNOLOGIES AND STATE OF TENNESSEE IN PACT TO STANDARDIZE STRUCTURED AND NETWORK CABLING IN STATE FACILITIES

Utah, Other States Expected to Adopt American Access Systems to Cut Change-Driven Cabling Costs by Up to 70%

Altamonte Springs, FL - October 7, 1998

American Access Technologies, Inc. (OTC Bulletin Board: AATK) announced today that the State of Tennessee has notified the company that it has decided to utilize American Access structured cabling and network cabling products exclusively throughout its schools, office buildings and public facilities.

CEO Richard A. Murray said that the first company installation under the standardization pact will be at the Rachel Jackson Building of the Department of Corrections in Nashville, beginning in November.

"The public sector has long struggled with cabling costs for moves, additions and changes, which often quickly exceed the original cost of the equipment itself," said Fred Rouse, Manager of Cabling Infrastructure for the State of Tennessee. "By implementing `zone cabling,' however, we can now dramatically cut those costs, which will in effect allow us to upgrade our equipment without additional burden to our taxpayers.

"After nine months of analysis we concluded that American Access products are the best solutions for structured and network cabling we have observed. They are the first to make zone cabling feasible, and we expect them to keep us ahead of constant changes in this industry," said Rouse.

"American Access is honored to be working with the State of Tennessee," said CEO Murray. "In addition, we expect the State of Utah to soon appoint us as exclusive vendor for IS enclosures, and we are currently negotiating with several other states as well. We anticipate the public sector to develop as an important growth area for American Access, especially in a recessionary environment when there are fewer tax revenues to support public infrastructure modernization," he said.

American Access' patented, UL-approved Zone Cabling Termination Cabinet (ZCTC) products for ceiling grids and raised floors apply the concept of "Zone Cabling" to replace conventional telecommunications wiring with a system that provides complete flexibility for voice and data cabling infrastructures. In addition to the benefits of greater convenience and ease-of-use, zone cabling is estimated to reduce the long term cost of installing and maintaining a telecom wiring system by as much as 70%.

AMERICAN ACCESS TECHNOLOGIES RAISES $3 MILLION IN EQUITY

Proceeds to clear order backlog, acquire key supplier, speed Nasdaq listing. Top management agrees to lock-up their shares for 12 additional months

Altamonte Springs, FL - October 15, 1998

American Access Technologies, Inc. (OTC BB: AATK) announced today that it has received $3 million from a private equity placement arranged by its investment bankers Capital International Securities Group, Inc. and Merrill Weber & Co., Inc.

CFO Bobby E. Story stated that proceeds of the offering would be used to clear a heavy order backlog; acquire and expand the company's OEM manufacturer, Omega Metals, and move American Access closer to a Nasdaq listing. "These fresh funds for equipment, inventory and working capital will fuel a faster deployment of our leading-edge telecom products," he said.

The three largest shareholders of the company, who were entitled to free up 600,000 shares for public trading on October 21, have agreed to extend their lock-up for an additional twelve months, to October 20, 1999, Story noted. "Top management of American Access also owns the largest stakes in the company, so they have a vested interest in enhancing shareholder value. That is why they are waiving their rights to cash out at this early stage of company growth. Market makers should note that the 600,000 shares due to come on the market on October 21 will now not be available for short covering," he said. Story added that the public float of American Access is only some 1,300,000 shares.

AMERICAN ACCESS TECHNOLOGIES CLOSES ACQUISITION OF OMEGA METALS

Altamonte Springs, FL - November 12, 1998

American Access Technologies Inc. (OTC BB: AATK) announced today that it has closed on its acquisition of privately held specialty metals manufacturer Omega Metals, Inc. of Keystone Heights, Fla., which the company had contracted to purchase on July 28. The transaction was structured as a pooling of interests with an exchange of 226,000 shares of American Access common stock, which have a present market value of approximately $4 million.

American Access President Richard A. Murray said that this acquisition of one of the company's key parts subcontractors was the first step in the company's plan to solidify production capability for its Zone Cabling products. "In addition to servicing our own internal growth, Omega will continue to generate revenues from a broad range of other customers," Murray noted.

"Vertically integrating Omega Metals should add approximately $5 million to revenues and approximately $1.2 million to net income over the next twelve months," said CFO Bobby Story.

1997 Press Releases1998 Press Releases1999 Press Releases2000 Press Releases2001 Press Releases

[1997 Press Releases] [1998 Press Releases] [1999 Press Releases]
[2000 Press Releases] [2001 Press Releases]



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