While the market is what it is, there is value somewhere that will come out... the first of several NRs coming from WLDC:
TAMPA, Fla., Apr 12, 2000 /PRNewswire via COMTEX/ -- ISOTEC, the wholly owned
subsidiary of World Am Communications, Inc. (OTC Bulletin Board: WLDC),
announces the asset acquisition of Technology Development International (TDI), a
privately held company that has agreed to sell all of its assets to ISOTEC. TDI
is a sales and marketing company representing 23 different products from 6
companies whose products complement and supplement the 8 proprietary products
currently being manufactured and marketed by ISOTEC.
These new product lines will enable the combined companies to pursue a much
larger national and international dealership network. According to ISOTEC
president Jim Alexander, "The combination of the two companies will also
position ISOTEC to pursue the development and marketing of new products
currently being negotiated."
The product lines being acquired by ISOTEC from TDI include the following:
1) General purpose, high-sensitivity, multi-zone metal detectors
2) High-sensitivity, lightweight hand-held metal detectors
3) Digital Video Compression Technology by Prism Video, Inc. which
enables the transmission of real time audio and video signals over
standard telephone lines
4) Digital Video Camera designed for TCP/IP addressable networks,
featuring full-time standard video output that interfaces to existing CCTV
equipment, VCR, video monitors and matrix switches
5) Gamma Portal Monitors and Gamma Waste Monitors designed to scan for
special nuclear materials in uranium enrichment plants, weapons
manufacturing plants, weapons storage sites, nuclear laboratories and
nuclear waste disposal sites.
Company Contact Information -- Investor Relations, 1-800-760-1166. |
