Updates to Shareholders on Product Markets and Plans for Corporate Structure
Memphis, TN – January 30, 2009 (Market Wire)-ATWEC Technologies (PINKSHEETS: ATWT) CEO (Alex Wiley) expresses today that he remains optimistic about the company’s future. “Our industry has now begun to capture the media attention of an ever-growing problem of children around vehicles http://news.yahoo.com/s/ap/20090128/ap_on_go_ot/vehicle_backovers).This attention brings a greater awareness for the need for systems such as our Kiddie Systems brand”’ stated Alex Wiley.
ATWEC has several upcoming road shows to promote the products and the company. 2009 offers an opportunity to position us for what will ultimately become a bullish market again.
The company also wants to put aside any rumors of a reverse split. We are not planning a restructuring of the company stock. When our revenues and stock price per share improves management may at that time evaluate the merits for such a move. The company will weather this economic storm simply because it does not have any notes payable on any bank loans. ATWEC is continuing to build its shareholders base, find/create a market for its Kiddie Systems products, and forge forward in being accountable by becoming transparent.
Finally, ATWEC will distribute accurate and functional news to its shareholders.
ATWEC is highly committed to clearly distributing news that pertains to the company’s status. “ It is our intention to keep the shareholders informed on a monthly basis of the activities of the company or as often as needed,” said the President/CEO Alex T. Wiley.
About ATWEC Technologies:
ATWEC Technologies, Inc. designs safety products for the transportation industry with a focus on child protection. Its signature Kiddie Systems products prevent child back-over accidents and accidental child abandonment on school and daycare vehicles. To learn more please 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.