AMERICAN ACCESS TECHNOLOGIES SHAREHOLDERS ELECT BOARD OF DIRECTORS FOR 2000
Lake Mary, FL - December 10, 1999
Shareholders of American Access Technologies, Inc. (Nasdaq:AATK) today elected the Company's Board of Directors for 2000. About 97.3 percent of the telecommunications equipment manufacturers' holders of common stock voted in person or by proxy.
Members of the 2000 Board include: John E. Presley, 60, director of the company since November, 1998, and president since April, 1999. Presley is a graduate engineer and founder of American Access' subsidiary, Omega Metals; Bobby E. Story, 58, a former practicing CPA and a director and Chief Financial Officer of American Access from Oct. 1996 to May 12, 1999; John Cooney, 64, a practicing CPA, tax and financial consultant who has been a director of American Access since Feb. 15, 1997; Erik Wiisanen, 56, vice president of Marketing and co-founder of Omega Metals; and Oscar de la Guardia, 41, executive vice president and attorney for RT21 Radiation Systems Corporation, which develops cancer treatment centers internationally.
"I am happy to be working with a cohesive and dynamic board that understands the strategic plan now in place to grow the company and maximize shareholder value," President John Presley said.
The Company has reported record earnings each quarter since emerging from its development stage in November, 1998. The new powder-coating facility will begin in January with $1.5 million in orders. Orders to date have generated for the company more sales than the $500,000 price it paid for Genco, Inc. earlier this year. The strong balance sheet shows a 16-to-1 current ratio. "Everywhere we turn, the future looks rosy," Presley said.




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