Memphis, TN – November 17, 2006 ( Market Wire)-ATWEC Technologies (PINKSHEETS: ATWT) announced today it is in talks with an Illinois and Tennessee Bus Sales groups to supply it with Kiddie Systems products, designed to prevent child abandonment in the vehicles. Talks began last week in Kansas City at the annual meeting of the National Association for Pupil Transportation. At their request ATWEC is delivering sample products for testing.
In other developments, ATWEC Technologies will begin a mass mailing next week to all licensed child care and school facilities within the seven Midwest states to promote the Kiddie Systems products. This mailing will coincide with ATWEC’s newly establish call center to support the marketing of its products. A concurrent mailing will be distributed to customers of West Bend Insurance Company to inform them of the discount provided by their carrier for installation of the Kiddie Voice system, designed to prevent accidental abandonment of a child on a bus.
The company will reach almost 90,000 potential customers during the ninety-day mailing distribution period. In distribution to our dealerships at master dealer costs, this program is estimated to yield over $500,000- $1,000,000 dollars or 50% of the financial forecast for 2007.
For more information on ATWEC Technologies, visit the company's web site: http://www.atwec.com/.
NOTE: Certain statements made in this press release are forward looking statements within the scope of the Private Securities Act of 1995. Such statements involve known and unknown risks. Uncertainties and other mitigating factors may influence desired outcomes. Such risks, uncertainties and/or other mitigating factors include but are not limited to new economic conditions, risks associated in product development, market acceptance of new products and continuing product demand, level of competition and other factors both known and unknown as described within this Company's reports and other filings with appropriate regulatory agencies.
The millennium is upon us and rest assured that the new age of business will not wait on those who do not prepare.
ATWEC Technologies, Inc. has developed a unique line of hi-tech child care safety and security products for sale in the US, Canada and Mexico.
ATWEC is proud to announce the KiddieSystems products.