Alco Advanced Technologies, Inc. Announces the Nomination of Alberto Surijon as the New CEO

LAS VEGAS, NV--(Marketwire - September 20, 2010) -  Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that Alberto Surijon, a veteran technology executive who was most recently Executive Vice-President and President Latin America since March 2008, has been named Chief Executive Officer, effective immediately. Mr. Surijon holds a Bachelor's Degree in Electronic Engineering from UTN University and has over 35 years experience in the Security industry. His accomplishments include: Founder and President of Guard Security Systems Corp Argentina 1983-1997, Founder of CEMARA, Founder, Partner and Vice President of STM Corp. (Seguridad Del Tercer Milenio S.A.) Alarm Monitoring Central Station, and Monitoring the Alarm Central Station Association of Argentina. 

Sylvain Desrosiers, former CEO, said, "We are very excited to have Alberto Surijon leading Alco Advanced Technologies, Inc. into its next era of growth. He has the exact combination of a seasoned Technology Executive and Savvy Leader, which the Board recognizes. We are thrilled to have such a world-class talent as the new CEO of ALCO! He is admired in the Technology field for his extensive management expertise, strong customer orientation, and clear understanding of the challenges facing the industry. Mr. Surijon meets all of the criteria necessary to empower Alco Advanced Technologies, Inc. as one of the new leaders in the technology industry."

Mr. Surijon accepted by saying, "On behalf of the board, I would like to thank Mr. Desrosiers for his unwavering enthusiasm for Alco shown over the last two years. His unique perspective on the company and iconic stature in the industry make him a valuable resource for the future. We are delighted that he plans to stay actively involved and are deeply grateful for his contributions to the company's development over the years. We are pleased that Mr. Desrosiers will remain on the Board of Directors."

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.