SOURCE: Avalon Technology Group, Inc.

June 16, 2008 05:36 ET

Avalon Technology Group, Inc. Releases World's Fastest 8GB USB Flash Drive With 256 AES Encryption

Avalon Technology Group Begins Trading AVLN

ORLANDO, FL--(Marketwire - June 16, 2008) - Avalon Technology Group, Inc. (PINKSHEETS: AVLN) announced today that the Company has introduced the fastest available 8GB USB flash drive that features 256 AES Encryption. The Avalon Technology Group's 8GB USB Speedster is compatible with virtually all operating systems including the latest editions of Linux, Microsoft Windows and Mac OS X. It is currently being released to retailers worldwide.

Avalon Technology Group's main competitor is the market leading Sandisk® Cruzer® Titanium, which is limited to speeds of 15 MB/s (read) and 9 MB/s (write) and sells for approximately $99.00. The 8GB Speedster offers consumers more than twice the speed of Sandisk Cruzer Titanium with 34MB/s (read) and 20 MB/sec (write) at a suggested retail price of $79.00. The 8GB USB Speedster combines blazing speed, stainless steel water resistant casing, with no cap to lose and 256 AES encryption.

"This is great news for our company and for those in the tech world. There aren't many flash drives that come with this quality of encryption at this speed. The 8 Gigabyte USB Speedster offers a considerable competitive advantage over our competition with its price and performance, and will be a must have for tech savvy consumers," stated Min Liu, Vice President of Product Development for the Avalon Technology Group.

About Avalon Technology Group, Inc.:

Avalon Technology Group is a technology company with operations in software, manufacturing and security products. The Company and its affiliates currently conduct government sales under three GSA contracting vehicles including Minority Owned Women Business and Service Disabled Veteran Owned Small Business, which specializes in providing commercial and government entities with quality services, software and biometric technologies.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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