ATWEC Technologies, Inc. (PINKSHEETS: ATWT) announced today that it has retained the services of InvestSource Communications, Inc. to provide Media Relations/Investor Relations services to the company. ATWEC had utilized the services of InvestSource Communications (ISC) earlier this year, and has decided to renew the relationship as part of the company's ongoing efforts to bring its message to a larger audience. According to ISC President and CEO Roy Sahachaisere, "We are pleased and gratified to be working with ATWEC again. It is our belief that ATWEC is working in a niche market that has long been overlooked, but that has great appeal in both the short and long terms."
Alex T. Wiley, CEO of ATWEC Technologies, stated, "We have been extremely gratified with the success we have had this year in realizing so many of our stated goals. Among other things, we have acquired three new master distributors, we are still in negotiations with a national tire company to install our Kiddie System products through its 1,900 outlets, and most recently we announced that we have completed an arrangement with NSI, a division of West Bend Mutual Insurance Company, to offer its Kiddie System(TM) product line to West Bend Mutual policyholders at a discounted price. West Bend Mutual will further encourage its policyholders to install Kiddie Voice® by offering a premium discount to those who do. The next step for us is to reach out to the broader investment public and to communicate our message effectively. In order to accomplish that goal without becoming distracted from the efficient administration of our company, we have retained InvestSource Communications because of their experience and expertise in this arena."
About ATWEC Technologies, Inc.:
ATWEC Technologies, Inc. (PINKSHEETS: ATWT) has been in operation since 1979, first as a developer of new security for automobile security. At present, the company has devoted its energies to developing and marketing an innovative line of child safety products specifically engineered for the transportation industry. There is a tremendous growing market for child safety products that utilize the most advanced available technology. At the moment, ATWEC safety systems are successfully employed in dozens of day care centers in or near the company's headquarters in Tennessee, and broader marketing campaigns are in place to bring the advantages of this technology to a national audience. For more information, visit the company website at: http://www.atwec.com/.
About InvestSource Communications, Inc.:
ISC is a multimedia relations/public relations firm that specializes in bringing small and micro cap public and private companies to the attention of the general public. InvestSource Communications believes that there are hosts of undervalued companies that don't get the exposure they deserve, and because of their size, have been overlooked by the larger marketing companies. Many of them have solid business plans, work in potentially highly lucrative niche markets, and have superb growth potential. It is the mission of ISC to empower these companies to reap fully all of the benefits of public exposure. For more information visit the corporate website at http://www.investsourceinc.com/.
Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Source: Market Wire (October 19, 2006 - 12:13 PM EST)
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