To: Dave Gore who wrote (7342 ) 2/23/1999 11:41:00 PM From: MoneyMade Respond to of 15987
AWTE--NEWS!!! (I can't believe the CEO left me out to dry!) oh well tomorrow..I've been waiting 2 mos. for this news! llwest Systems International, Inc. Reports Record January 1999 New Contract Sales Business Wire - February 23, 1999 08:23 DENVER--(BUSINESS WIRE)--Feb. 23, 1999--Allwest Systems International, Inc. (OTC BB:AWTE) today announced that for the month of January, 1999, the company booked a record number of new contracts totaling more than $1.0 million. This figure is up 400% from the same period last year. According to Senior Vice President, Ross Thenhaus, "This increase in sales is a direct result of our Sales and Management reorganization in October, 1998. It doesn't hurt, however, to be in Colorado, which is one of the strongest markets in the United States." Allwest Systems International, Inc. is a holding company for the Allwest group of companies with annualized sales of $12.7 million. The Allwest group is committed to providing integrated life safety systems, which include fire, security, and sound systems for commercial and public facilities such as hospitals, schools, prisons, and military bases. Founded in 1953, Allwest Systems International, Inc. has seen a 600% increase in revenues since Steve Pickett became CEO in 1990, growing from $1.8 million to $12.7 million in annual revenues. See our web page at www.allwestsystems.com. Included in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors, including sales levels, distribution and competition trends and other market factors. CONTACT: Allwest Systems International, Inc. Steven Pickett, 303/293-2345