WLDC has some news too.
WESTMINSTER, Colo., Aug. 29 /PRNewswire/ -- World Am Communications Inc.
(OTC Bulletin Board: WLDC) today announced that "Wall Street Watch" has
initiated coverage of the Company in a fax broadcast to the investment
community. The editors recommended "substantial consideration" of WLDC.
Isotec, the WLDC subsidiary, has completed a letter of intent with Asesoria
Tecnica SA ("Atesa") to produce structural members, as well as manufacture and
distribute weapons-detection and access-control portals throughout Central
America. Isotec will supply the electronic components, with final assembly
taking place in Honduras.
"It's a perfect opportunity to produce quality-built, high-tech yet low-
cost products for Mexico, Central America, and South America," stated Isotec
CEO Jim Alexander. "Exponential demand growth means the market for access
control alone will likely be a multi-million-dollar segment."
Follow-up business efforts will be bolstered through Isotec's recent
acquisition of Technology Development International (TDI), a privately held
sales and marketing company representing 23 products from six companies in the
security field.
About World Am Communications Inc.
World Am Communications Inc., through its subsidiary Isotec Inc.
(www.1isotec.com) develops, manufactures, and distributes automated passage
control and security devices. The Company has designed systems for the
Department of Energy, the United States Air Force, and the aerospace industry.
Isotec products include weapons control systems, passage control systems, and
passage monitors.
ISOTEC Investor Relations: 1-800-760-1166 (IMS)
R.L. McBride & Associates: 727-820-0711 (www.rlmcbride.com)
Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, the statements in this release are forward-
looking statements made pursuant to the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause a company's actual
results in the future periods to differ materially from forecasted results.
These risks and uncertainties include, among other things, product price
volatility, product demand, market competition and risk inherent in the
company's operations. You can identify these statements by the fact that they
do not relate strictly to historical or current facts. They use words such as
"anticipate," "estimate," "expect," "project," "intend," "plan," "feel,"
"think," "hear," "guess," "believe," and other words and terms of similar
meaning in connection with any discussion of future operating or financial
performance.
SOURCE R.L. McBride & Associates
-0- 08/29/2000
/CONTACT: Investors, ISOTEC Investor Relations, 800-760-1166; or Media,
R. L. McBride and Associates, 727-820-0711, for World Am Communications Inc./
/Web site: rlmcbride.com /
/Web site: 1isotec.com /
(WLDC)
CO: World Am Communications Inc.; Isotec Inc.; Asesoria Tecnica SA;
Technology Development International
ST: Florida
IN: CPR
SU: RTG |
