Avalon Technology Group Alerts Shareholders of Pending Payment Date of 2-for-1 Forward Stock Split

ORLANDO, FL--(Marketwire - July 23, 2008) - Avalon Technology Group, Inc. wishes to remind its shareholders that the payment date of the 2-for-1 forward stock split is this Friday, July 25, 2008. All shareholders of record as of July 11, 2008 will automatically receive two additional shares of common stock for each one share held. It is not necessary for shareholders to surrender their shares to participate in this forward split. Those who have shares deposited with brokerages and other financial institutions will automatically have new shares deposited to their accounts. If a shareholder holds 100 shares of common stock, they will receive an additional 200 shares for a new total of 300. The new stock certificates will be mailed directly to the shareholders. The forward split has been implemented as part of a comprehensive... [read full story]