Education technology expenditure is expected to reach $341B worldwide by 2025, evidenced by the aggressive acceleration in venture capital invested through 2019, which reached a record $8B. The Company plans to launch an aggressive sales and marketing campaign to capitalize on this increased demand, fueled by concerned parents and administrators.
Darnell Stitts, ATWEC's Director and COO stated, "We have been very vocal about our plan to grow the Company quickly – this year – through mergers, acquisitions, and strategic financing. The Board has worked hard to complete the transactions – first purchasing Level Three Security, and now acquiring SafeBus. ATWEC will continue to seek out other deals that will maximize our profit potential, and thereby increase shareholder value in the months and years ahead."