WLDI..Picking up strenght on Great NEWS out..
By: ta2000mextrade
08 Mar 2004, 09:32 AM EST Msg. 363271 of 363374
(Msg. is a reply to by None.)
WLDI HUGE NEWS This should really get moving now.
World Am Joint Venture -- Comfort Isotec Reports on Recent Developments
WESTMINSTER, Colo., Mar 8, 2004 (BUSINESS WIRE) --
World Am Communications Inc. (OTCBB:WLDI) www.world-am.com, whose wholly owned subsidiary, Isotec, Inc. www.isotecinc.com conceives, develops and markets state-of-the-art security systems, announced today that Comfort Isotec, its Chinese joint venture company, has informed World Am that Comfort Isotec (also referred to as "Comtec") has reached several planned benchmarks.
The first benchmark was approval and certification of the Comfort Virtue manufacturing process. Isotec personnel recently visited Comfort Virtue for the purpose of inspecting the plant, procedures, sample production, quality control and other specifications and procedures established by Isotec, Inc. Isotec certification was required prior to allowing any portals manufactured by Comfort Virtue to be sold. Comfort Virtue is the Chinese manufacturer of certain of Isotec designed access control portals.
Comfort Isotec also reported that several banks in China have expressed an interest in obtaining Comtec portals for several of their bank locations and ATM's. It is expected first sales in China may be received within the next two or three months, subject to certain remaining Chinese legal requirements being met.
Thomas E. Ferneau, World Am CFO, having just returned from China, stated, "With the certification of Comfort Virtue as a manufacturer, Comtec may now export their cost effective line of portals to anywhere in the world. In fact, Comtec will receive its first export order for five (5) 9084C portals this week. The first units are expected to be shipped within the next 90 days."
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners. |
