Reseal Signs Two...

Reseal Ltd. signs two letters of intent with Ranftl-Wekutek GmbH to manufacture proprietary plastic lid. Resal Ltd. is the 96% subsidiary of Advanced Technology Industries,Inc. Ranftl-Wekutek GmbH is plastics engineering and tool manufacturing company.

For Immediate Release
ADVANCED TECHNOLOGY INDUSTRIES SUBSIDIARY RESEAL SIGNS TWO LETTERS OF INTENT WITH RANFTL-WEKUTEC FOR PRODUCTION OF INNOVATIVE PROPRIETARY PACKAGING

May 30, 2002 Berlin -- Advanced Technology Industries, Inc. (OTCBB: AVDI) (ATI") and its 96% owned subsidiary, RESEAL, are pleased to announce that RESEAL has entered into two Letters of Intent which will form the basis of a production agreement and a cooperation agreement with Ranftl-Wekutec GmbH, commencing mass production of the Starcan , RESEALs innovative resealable beverage packaging system. Ranftl-Wekutec is a plastics engineering and tool construction company based in Munich, which supplies manufacturing tools and plastic molds to large automobile manufacturers, automotive supply companies and sports equipment manufacturers throughout Europe.

Under the cooperation agreement, Ranftl-Wekutec will manufacture the plastic injection molds to be used in the production of the proprietary plastic lid of the Starcan. ATI and RESEAL anticipate using Ranftl-Wekutecs technical expertise in standardized mass production of combinations of hard and soft plastics to successfully introduce the Starcan into the European beverage packaging industry. Upon reaching a final agreement, Ranftl-Wekutec will begin manufacturing standardized production tools and equipment for the production of the Starcan system, ensuring that a high quality and consistent standard of manufacturing is maintained worldwide. Ranftl-Wekutec, ATI and RESEAL anticipate reaching a final cooperation agreement by June 30, 2002, which they expect will enable RESEAL to meet its production targets for 2002.

Under the production agreement, Rantfl-Wekutec will become the exclusive manufacturer of the Starcan resealing plastic lid for distribution in Germany, Austria and Switzerland. The production will be in two plastic parts for integration into a soft seal system. Upon reaching a final agreement, Rantfl-Wekutec will manufacture the proprietary lids and deliver the produced lids to third parties for final assembly of the Starcan resealing system. Ranftl-Wekutec, ATI and RESEAL anticipate reaching a final production agreement by June 30, 2002.

About Ranftl-Wekutec GmbH
The tools and equipment produced by Ranftl-Wekutec GmbH are highly efficient production units capable of producing very large quantities, necessary to meet the demand of a multi billion unit global market. Ranftl-Wekutecs automotive customers include DaimlerChrysler, BMW, Volkswagen and Audi, and sports equipment customers include Völkl, Marker, Atomic and Fischer Ski. Ranftl-Wekutec is highly experienced in compound die-casting, which combines hard and soft plastics in one component, as well as high quality mass production.

About Advanced Technology Industries, Inc. and RESEAL Ltd.
Advanced Technology Industries, Inc. is a technology holding company devoted to technology identification and acquisition, as well as research and development leading to commercialization of innovative products. ATI has developed a new proprietary packaging technology held by its 96% owned subsidiary, RESEAL. Ltd. This product is able to maintain beverage carbonation and can also be used to extend the products freshness for non-carbonated canned beverages. Additional applications for this invention include the food industry (such as baby foods, canned foods, herbs and vinegar) and industrial applications (such as motor oil, additives and cleaning agents).

The above news release contains forward-looking statements. These statements are based on assumptions that the managements of Advanced Technology Industries, Inc. and RESEAL, Ltd. believe are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Advanced Technology Industries, Inc., RESEAL, Ltd., and their respective managements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. Advanced Technology Industries, Inc. and RESEAL assume no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.

Corporate Contact :
RESEAL Ltd. hjskrobanek@advancedtechnologyind.com

For More Information Please Contact Anthony Troniak at avdiinfo@look.ca or Toll Free 888-262-9229