ATWT.0038 good news out(InternetWire) ATWEC Technologies Continues to Move Forward Implementing Its Bus
ness Strategy
Company Business Model and Marketing Blueprints Prove Successful
MEMPHIS, TN -- (MARKET WIRE) -- 08/15/06 -- ATWEC Technologies (PINKSHEETS: ATW
) announced
today the future for ATWEC, and our underlying mission of ensuring our
children's safety, looks as bright as ever, as legislators and now the
insurance industry begin to hear the message. "While a child left
unattended on a bus, car, van... etc. is not the most common occurrence, it
does happen never-the-less," added CEO Alex T. Wiley, "and one time per
year, is one time too many."
The recent endorsement of the KiddieVoice® product line by West Bend
Mutual Insurance Company is a major step forward indicating that ATWEC is
well on the way to becoming the industry leader in child transportation
safety protection. West Bend insures childcare agencies in seven states
located throughout the Mid-West and is now offering its client premium
discounts for installing KiddieVoice® products. West Bend services about
14% of the national market, and ATWEC accepts the challenge of capturing
this business with the endorsement of a respected partner.
ATWEC is also aware of legislation proposed for several other states that
will require devices such as KiddieSystem(TM) to become mandatory. "We
began this process five years ago working to get legislation passed within
our own home state of Tennessee and continue to work with other states to
pass such legislation. Now we look forward to the insurance industry
further validating the purpose of having such devices.
"Ultimately, the shareholders of the corporation will benefit as the group
continues to promote the issues for child safety and the devices needed to
accomplish the great task before us," said Mr. Wiley.
For more information on ATWEC Technologies, visit the company's web site:
www.atwec.com.
NOTE: Certain statements made in this press release are company-based
projections within the scope of the Private Securities Act of 1995. Such
statements involve known and unknown risks. Uncertainties and other
mitigating factors may influence desired outcomes. Such risks,
uncertainties and/or other mitigating factors include but are not limited
to new economic conditions, risks associated in product development, market
acceptance of new products and continuing product demand, level of
competition and other factors both known and unknown as described within
this Company's reports and other filings with appropriate regulatory
agencies.
Investor Relations:
CRG Capital Investments
(305) 244 8427
(888) 890-1KID (1543)
*** end of story *** |
