Advanced Powerline Technologies, Inc., Today Announces The Signing Of An Agreement To Retire Company Debt.

Advanced Powerline Technologies, Inc., Today Announces The Signing Of An Agreement To Retire Company Debt. WOODWARD, OK -- (PINKSHEETS) - June 21, 2006 -- Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) announces today the signing of an agreement with a creditor to retire company debt. Advanced Powerline Technologies, Inc. (APT), reports today that it has signed an agreement with DTP, LLC, a major creditor, to retire over $500,000.00 of existing company debt by issuing just over 500,000 shares of stock in payment of the debt. This transaction retires debt at a ratio of just over $1 per share of stock. A spokesman from DTP stated, "We are happy to accept this stock in payment for the money owed to us by APT because we believe that APT will have a very positive and prosperous future, and we want to have a part in that future. We believe that the shares of APT are undervalued in the market now, and we are confident that APT's success will make our investment a wise and profitable one." A spokesman for APT said, "The company is delighted that DTP has chosen to accept our offer of stock in payment of their debt. We appreciate the great confidence they have shown in us and the very tangible way they have expressed that confidence. We, too, believe in the future of APT, and we welcome their participation as shareholders. The company is excited about this transaction because we believe that by reducing existing debt we have enhanced the value of the company for all shareholders and taken a giant step toward that bright future that we look forward to." For everyone interested in obtaining information about the company, we encourage you to visit our web site at www.oneaptdrive.com, where you will find the information we have published as well as other publicly disseminated documents. While you are there, register for a chance to win one of the company's state-of-the-art thirty two (32) inch LCD monitors with high definition tuner (HDTV) and PLC InsideTM, the winner to be announced Saturday August 5th, 2006. Full rules of the contest are available on that web site. For another source of information you may visit pinksheets.com and view the information that is posted in that public forum. This is the only information available to the general public at this time. We always encourage potential investors to seek professional investment advice from a qualified party of their choice. The company looks forward to seeing all of its shareholders and welcomes their participation in the company's annual shareholders meeting taking place in Woodward, Oklahoma on Saturday, August 5th, 2006. We encourage all shareholders to R.S.V.P. by June 30th, 2006 to Christopher Holley, Vice President/Investor Relations, so he can reserve your plates for this event. When doing so please provide your contact information including telephone number and e-mail and how many will be attending in your party so he may forward to you your tickets for the event. For further information on this event please contact Christopher Holley, Vice President/Investor Relations, at [email protected] or (310) 544-8894. Advanced Powerline Technologies, Inc.'s principal business focus is to create and develop Broadband over Power Line (BPL) and Power Line Communications (PLC) friendly devices, products and services. The company's principal products at this time are liquid crystal display (LCD) digital televisions with high definition tuners (HDTV). The company intends on marketing the sales of High Definition Digital Televisions (HDTV) internationally and domestically. Upon the completion of research, development, and the verification of test results of the company's Broadband over Power Line (BPL) and Power Line Communications (PLC) devices, the company intends to utilize the technology within the existing product platforms to enhance their capabilities. Advanced Powerline Technologies, Inc.'s main products will become Broadband over Power Line (BPL) and Power Line Communications (PLC) friendly devices with the Company's related hardware and system service. Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Advanced Powerline Technologies, Inc., (the ``company''), as well as those contained herein, that are not historical facts are ``forward-looking'' statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief, or current expectations, estimates, or projections of the company, its directors, or its officers about the company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the company's strategies regarding growth and business expansion, including future acquisitions; (b) the company's financing plans; (c) trends affecting the company's financial condition or results of operations; (d) the company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the company's ability to respond to changes in customer demand and regulations. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and similar expressions are generally intended to identify forward-looking statements. Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix, and the geographic mix of sales. The company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions. -------------------------------------------------------------------------------- CONTACT: Advanced Powerline Technologies, Inc. Christopher Holley, Vice President Investor Relations Telephone (310) 544-8894 E-mail: [email protected] --------------------------------------------------------------------------------