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To: midtownmurphy who wrote (48216)5/24/2000 3:00:00 PM
From: SSP  Read Replies (1) of 150070
 
ISOTEC (WLDC) Announces Today Major Government Systems Integrator Contract Has Been Finalized

   WESTMINSTER, Colo., May 24 /PRNewswire/ -- ISOTEC (WLDC) announces today
that the major Government Systems Integrator contract has been finalized.
ISOTEC, the wholly owned subsidiary of World Am Communications, Inc.
(OTC Bulletin Board: WLDC) announced on April 20 that it had reached agreement
in principal and received a firm letter of intent from Engineering and
Professional Services Incorporated (EPS) to enter into an OEM (Private Label)
Agreement for ISOTEC's Weapons/Passage Control Systems. In addition, EPS will
execute a Sales Representative Agreement with ISOTEC, for the products
distributed by its wholly owned subsidiary, Technology Development
International (TDI). This contract has now been finalized and ISOTEC is
moving forward.
Founded in 1983, EPS is engaged primarily in business with federal and
state governments, i.e. Dept. of State, CIA, NSA and Military. The company is
a system integrator in the areas of software/systems engineering, logistics,
intrusion detection systems, secure portal systems, telephone, video network
systems, network solutions and electronic monitoring. EPS has grown to 230
employees with offices located in Tinton Falls, N.J.; Fairfax, Va.;
Fayetteville, N.C.; Augusta, Ga.; and Mannheim, Germany.
EPS provides sales of ISOTEC-designed products through several Government
contract vehicles. They presently hold a General Services Administration
(GSA) wire and cable services (WACS) contract, which has a ceiling of
$2.6 billion, also a basic ordering agreement (BOA) with a contract ceiling of
$320 million. There are several other contracts and GSA Schedules in which to
apply ISOTEC products.
"The establishment of this business relationship with a major government
system integrator and GSA contractor," according to ISOTEC president Jim
Alexander, "will provide immediate access to several hard-to-access government
marketplaces."

Contact: Investor Relations, ISOTEC, 800-760-1166

Safe Harbor For Forward-Looking Statements: Except for historical
information contained herein, the statements in this release are forward-
looking statements that are 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
companies 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 World Am Communications
-0- 05/24/2000
/CONTACT: Investor Relations, ISOTEC, 800-760-1166/
(WLDC)

CO: World Am Communications; ISOTEC; Engineering and Professional Services
Incorporated; Technology Development International
ST: Colorado
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