To: SSP who wrote (42661 ) 4/12/2000 9:52:00 AM From: herry iball Respond to of 150070
WLDC News: Hasn't hit Yahoo yet. (COMTEX) B: ISOTEC Announces Merger With TDI B: ISOTEC Announces Merger With TDI 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. 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. One 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 ISOTEC