SOURCE: Avalon Technology Group, Inc.

June 30, 2008 07:46 ET

Avalon Technology Group Poised for Huge Growth -- as Stated on WallStreetCorner.com

Avalon Technology Group Declares 2:1 Forward Stock Split to Shareholders of Record on July 25, 2008

ORLANDO, FL--(Marketwire - June 30, 2008) - Avalon Technology Group, Inc. (PINKSHEETS: AVLN) is pleased to announce that the Company is now featured in "Larry Oakley's Bold Adventures" opinion piece on WallStreetCorner.com. During the interview, Avalon CEO, Pat Downs, elaborated on the Company's new product line and its plans for an aggressive marketing and sales campaign during the second half of 2008.

Mr. Downs also touched on Avalon Technology Group's recently introduced, fastest available 8GB USB flash drive that features 256 AES Encryption. The 8GB "ATG Speedster" offers consumers more than twice the speed of its competition with 34MB/s (read) and 20 MB/sec (write). It has also released its Biometric Encryption Mouse, the only Vista compatible mouse with 256 AES encryption, the highest level of military encryption available for consumers.

"Avalon Technology is a company that could grow at a rapid rate," stated Larry Oakley in his article. "I like its products and Avalon is in the process of finalizing a multi-million dollar contract that will be covered in news to be soon released."

"The Company is in an enviable position with this leading biometric technology, and we look forward to continually increasing our market share with our products in the public and private sectors in the upcoming months. The company is projecting over $5 Million in purchase orders to be closed in July 2008 from current clients," stated Patrick Downs, CEO of Avalon Technology Group, Inc. Avalon will see even greater revenue in the coming quarter due to the Microsoft Corporation decision to eliminate the XP operating system (effective as of today) and only offer the Vista operating system to computer manufacturers. This gives Avalon a distinct market advantage with the only compatible biometric mouse for new consumer and government computer buyers worldwide.

In the article, Mr. Downs stated that Avalon Technology Group will undertake a 2-for-1 forward split, to Avalon Technology Group, Inc. shareholders of record on July 25, 2008. To see the text of the interview, go to: www.wallstreetcorner.com/brokersonly.html.

Larry Oakley created WallStreetCorner several years ago as an editorial venue for his Conservative Speculator newsletter, now read by investors in 93 countries, with the goal to "help its readers to make more with the 10% they put into special emerging growth situations than they make with the 90% they put into everything else."

About Avalon Technology Group:

Avalon Technology Group is a technology company with operations in software and the industry leading biometric security product developer. 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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