Society Of Automotive Engineers Holds Symposium
EL CAJON, CA, Sep 18, 2000 (INTERNET WIRE via COMTEX) -- World Transport Authority, Inc. (OTC BB: WTAI chart, msgs) (POH:Frankfurt Stock exchange). World Transport Authority Inc. (WTA) is pleased to announce that the Society of Automotive Engineers International (SAE) has selected its WorldStar(TM) vehicle and its unique "Factory-in-a-Box" system as its current standard of advanced engineering. SAE will conduct a tour and symposium for members and interested parties at WTA headquarters on Wednesday, September 20, 2000 at 6:00 PM. WTA is located at 635 Front Street, El Cajon, California 92020
SAE spokesperson Tom Perry commented: "WTA successfully demonstrates the design of a vehicle that operates in emerging nations. The WTA "Factory-in-a-Box" system illustrates that vehicle production is achievable in developing countries, by workers without extensive training and education. It is entirely feasible for a U.S. company to provide the technology that impacts economical transportation in third world countries."
Kent Wooley, chief technical officer for WTA, stated: "I am pleased that SAE recognizes the contribution WTA provides with the development of this extremely tough utility vehicle and its concept of the modular factory for production."
World Transport Authority, Inc. serves the emerging world's transportation needs through in-country manufacturing facilities, utilizing local semi-skilled labor to produce the WorldStar(TM) line of utility vehicles.
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Please refer to the WTA web site WWW.WTAWorldstar.com and other sources for more detailed information. Investor Relations is at 619-387-8888.
CONTACT: Lyle A. Wardrop
President & CEO
World Transport Authority Inc.
619-444-7254
Renmark Financial Communications
514-939-3989 |
