$ATWT The Recent Acquisition of Level Three Securi
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Posted On: 08/21/2020 2:40:08 PM
$ATWT The Recent Acquisition of Level Three Security Expands Company's Commercial Product Line -- MEMPHIS, TN / ACCESSWIRE / August 11, 2020 / ATWEC Technologies, Inc. (OTC PINK:ATWT), a US-based technology company specializing in child safety, today announced the launch of its new LS3-Cam™, geared for new sales to commercial customers throughout the US.
$ATWT acquired Level Three Security on July 28, and will immediately offer security and surveillance services, complementing its vehicle safety product line. Level Three principal Calvin Keys immediately becomes an officer and director with the Company, bringing over forty years of experience in the security industry.
Keys stated, "I loved this deal because all of the pieces are in place to begin making substantial revenues this year, with 2021 looking strong. The management team sold me on their vision of being a major player in the global security market - safety, surveillance, protection, alerts - these are all vital services during these strange and dangerous times."
The global video surveillance market is expected to grow from US$45.5B in 2020 to US$74.6B by 2025 amid rising concerns about public safety and security, and increased technological capabilities, according to studies by www.marketsandmarkets.com.
The LS3-Cam™ is Level Three's signature product, with patent applications filed early this year. The product's advanced audio and video surveillance systems provide comprehensive monitoring capabilities, including detection, identification and deterrence. The LS-3 Cam™ is mobile, with great flexibility, and can easily be moved to various locations.
Alex Wiley, ATWEC's President and CEO, said, "Calvin is bringing his security business to ATWT, and will provide new leadership to the Company. The entire Management team is excited about this breakthrough moment for the Company, as we will now focus our combined efforts on increasing sales and raising investment, looking to achieve steady growth in the months and years ahead."
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$ATWT acquired Level Three Security on July 28, and will immediately offer security and surveillance services, complementing its vehicle safety product line. Level Three principal Calvin Keys immediately becomes an officer and director with the Company, bringing over forty years of experience in the security industry.
Keys stated, "I loved this deal because all of the pieces are in place to begin making substantial revenues this year, with 2021 looking strong. The management team sold me on their vision of being a major player in the global security market - safety, surveillance, protection, alerts - these are all vital services during these strange and dangerous times."
The global video surveillance market is expected to grow from US$45.5B in 2020 to US$74.6B by 2025 amid rising concerns about public safety and security, and increased technological capabilities, according to studies by www.marketsandmarkets.com.
The LS3-Cam™ is Level Three's signature product, with patent applications filed early this year. The product's advanced audio and video surveillance systems provide comprehensive monitoring capabilities, including detection, identification and deterrence. The LS-3 Cam™ is mobile, with great flexibility, and can easily be moved to various locations.
Alex Wiley, ATWEC's President and CEO, said, "Calvin is bringing his security business to ATWT, and will provide new leadership to the Company. The entire Management team is excited about this breakthrough moment for the Company, as we will now focus our combined efforts on increasing sales and raising investment, looking to achieve steady growth in the months and years ahead."
#stocks
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