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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Irvine Firm to Invest in Florida Company

October 19, 2000

Advanced Communications Technologies Inc., an Irvine wireless communications company, said Wednesday that it has tentatively agreed to acquire 51% of a Florida company in a stock swap valued at $10 million to $20 million.

Advanced Communications said in a press release that the deal with Digital Comm Link Inc. also would allow it to purchase an additional 29% of the Davie, Fla., company.

The transaction is subject to a complete review of Digital's financial condition and a definitive purchase agreement.

Under the terms, Advanced Communications said it also would commit as much as $6.5 million in working capital to expand Digital's capabilities and satellite communications facilities.

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