ATLANTA, GA -- (MARKET WIRE) -- 09/27/06 -- American Megatrends, Inc. a leading provider of storage solutions and firmware BIOS, today announced that it has acquired 100% ownership of Spectrum NC, LLC and subsequently changed their corporate name to Geofiny Technologies, LLC to better reflect future business services.

The name Geofiny comes from Geo which covers Geomatics and all aspects of the mapping services and finy which means infinite service possibilities in Geomatics area.

Geofiny which has been in existence in Wilmington for the last 16 years will continue to provide quality services in the areas of Photogrammetry, Digital Orthophoto Services, Cadastral and Geographic Information Systems (GIS).

Future services will include Right of Way Inventory mapping, Data Storage, Oblique Imaging and Satellite Imagery.

"The timing was right for AMI to move from part ownership of Spectrum NC to full acquisition of the company," said S. Shankar, President of American Megatrends. "Geofiny will give AMI a new range of services and products and give us access to a new customer group."

"With our new name and technical resources, Geofiny with offices in Wilmington, Norcross and Chennai looks forward to provide wide range of Geomatics services," said Dr. Srini Dharmapuri, PPS, Managing Director of Geofiny Technologies. "We will continue to provide the same quality mapping products and services that we have over the last 16 years."

About AMI

Founded in 1985, American Megatrends, Inc. (AMI), best known for AMIBIOS, supplies state-of-the-art hardware, software and utilities to today's high-tech manufacturers. AMI -- focused on IP Storage Area Networks (IP-SAN), Network Attached Storage (NAS) and Storage Management -- also offers remote server management, KVM over IP, IPMI 2.0 firmware and high-density motherboards. AMI is a member of the Storage Networking Industry Association (SNIA) and an Associate Member with the Intel® Communications Alliance, a community of communications and embedded developers and solution providers. Headquartered in Atlanta, AMI has locations in the U.S., China, Germany, India, Japan, Korea and Taiwan to better serve its customers.

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