Avalon Technology Group Announces Plan to Reduce Outstanding Shares by 400 Million

ORLANDO, FL, Sep 23 (MARKET WIRE) --
Avalon Technology Group, Inc. (PINKSHEETS: AVLN) is pleased to announce
that its Board of Directors has authorized a series of private and public
transactions to reduce the outstanding shares of the company by 400
Million Shares or approximately 31% of the outstanding shares. The
buyback and retiring of the common stock will occur through open market
purchases and private purchases as permitted by securities laws and other
legal requirements over the next 30 days. ATG has discontinued it
relationship with Big Apple Consulting and all inquiries can be addressed
at info@avalontechsolutions.com.

Additionally, the company has launched an e-commerce site at
http://www.avalontechsolutions.com to allow individuals purchases of ATG's
leading biometric products. ATG is currently experiencing rapid acceptance
of their products following rigorous testing by some of the worlds largest
technology distributors. By the end of the current quarter the company's
biometric products will be marketed and sold in over 125 countries through
new distribution partners.

Avalon believes that the stock price does not reflect the growth of the
company and will continue to take measures to reduce the amount of the
outstanding shares of the company during this price decline of the common
stock. ATG will continue these aggressive measures in order to reach the
company's goal of $.02 EPS in the current fiscal year.

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.

Contact:

Avalon Technology Group, Inc.
info@AvalonTechSolutions.com

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