ATA Safety First Trust Principal-Protected Certificates Linked TO A U.S.-Europe-Japan Basket

As a result of multiple stockholder inquiries, Apogee Technology, Inc (AMEX: ATA) confirmed today that it will issue a formal plan to the American Stock Exchange before December 1, 2006 to pursue full compliance with Sections 1003 (a) (ii) and (iii) for continued listing on the American Stock Exchange. During this time, Apogee will continue to operate in the ordinary manner and attend to its business objectives. About Apogee Technology, Inc. Apogee Technology designs, develops and commercializes proprietary medical device and sensor products using its micro-systems and nanotechnology for the medical, automotive, industrial and consumer markets. The Company is developing its PyraDerm� solution for enhanced intradermal drug delivery and has introduced a family of pressure sensors under the Sensilica� brand. Apogee�s goal is to provide value-added and cost-savings solutions for our customers and, in so doing, to become a global leader in the sensor and medical device fields. For more information please visit our web site at: http://www.apogeemems.com. PyraDerm� and Sensilica� are trademarks of Apogee Technology, Inc. All other product names noted herein may be trademarks of their respective holders. Certain statements made herein that use the words "anticipate," "hope," "estimate," "project," "intend," "plan," "expect," "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, which could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied. Please refer to the company's risk factors as set forth in the Company's filings with the Securities and Exchange Commission, including its reports on Forms 10-KSB and 10-QSB. As a result of multiple stockholder inquiries, Apogee Technology, Inc (AMEX: ATA) confirmed today that it will issue a formal plan to the American Stock Exchange before December 1, 2006 to pursue full compliance with Sections 1003 (a) (ii) and (iii) for continued listing on the American Stock Exchange. During this time, Apogee will continue to operate in the ordinary manner and attend to its business objectives. About Apogee Technology, Inc. Apogee Technology designs, develops and commercializes proprietary medical device and sensor products using its micro-systems and nanotechnology for the medical, automotive, industrial and consumer markets. The Company is developing its PyraDerm(TM) solution for enhanced intradermal drug delivery and has introduced a family of pressure sensors under the Sensilica(TM) brand. Apogee's goal is to provide value-added and cost-savings solutions for our customers and, in so doing, to become a global leader in the sensor and medical device fields. For more information please visit our web site at: http://www.apogeemems.com. PyraDerm(TM) and Sensilica(TM) are trademarks of Apogee Technology, Inc. All other product names noted herein may be trademarks of their respective holders. Certain statements made herein that use the words "anticipate," "hope," "estimate," "project," "intend," "plan," "expect," "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, which could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied. Please refer to the company's risk factors as set forth in the Company's filings with the Securities and Exchange Commission, including its reports on Forms 10-KSB and 10-QSB.