ATWT .0003 NEWS: ATWEC Technologies Begins Florida Sales

New Post Public Reply Private Reply Replies (0) Message Board

Jul 5, 2012 at 9:27 AM

ATWT .0003 NEWS: ATWEC Technologies Begins Florida Sales Launch

Company's CEO Discusses Florida Market and 3Q Projections

MEMPHIS, Tenn., July 5, 2012 /PRNewswire via COMTEX/ -- ATWEC Technologies, Inc. (OTC Markets: ATWT), a US-based child safety company, today announced that it has begun making substantial sales of its Kiddie Voice(TM) child alarm systems in Miami-Dade and Broward counties in South Florida.

Recent laws passed in Palm Beach and Miami-Dade counties now make it mandatory for all day care center vehicles to have child safety alarms installed and functional, in order to prevent small children from being left behind, exposing them to harm.

Alex T. Wiley, President & CEO of ATWEC Technologies, stated, "We are now receiving orders from South Florida - not only from Miami-Dade, but also from Broward and other counties. The recent public awareness push and the resulting legislation have created a huge jump in demand for ATWEC safety products."

Palm Beach County passed the law last year, and Miami-Dade county has set a November 30, 2012 deadline for all day care centers to equip their vehicles with effective alarm systems. The Company's patented Kiddie Voice(TM) child alarm system is both voice-prompted and ignition-based, and Company officials and many satisfied customers feel that it is the best product on the market today.

The Company sold more Kiddie Voice(TM) units to Palm Beach county day care centers during the first half of 2012 than the combined total units it sold for the entire 2011 fiscal year. With Miami-Dade being the most populous county in Florida, and Broward being the second, the Company anticipates a large and rapid increase in sales and earnings, beginning in 3rd Quarter 2012, in these areas alone.

Wiley continued, "We have looked at the numbers, and Miami-Dade has about 1,150 centers, while Broward has almost 700 centers. Combined, that means 1,850 day care centers that are moving to equip their vehicles this year. Each center has an average of 3-4 vehicles for transporting children. Our Kiddie Voice(TM) units retail at $289 per system, and combining that with install and other added feature revenue, we can expect to make about $350 per vehicle. As you can see, the total market in these two counties approaches $2,000,000, and ATWEC expects to get a large piece of the pie, beginning right now."

Wiley went on to say that ATWEC will be working to grow the Company substantially by year-end 2012. "We are going to raise cash from key investors, and combine it with our increased 3Q sales revenue, and ATWEC will then be able to grow its business like we envisioned it when we got our patent approved three years ago. We have several key acquisitions targeted, and have likewise stepped up our marketing and advertising. We are going to make ATWEC one of the nation's leaders in child safety advocacy, and that will in turn help us to deliver great value to our shareholders."

Shareholders and other investors can find the Florida day care center statistics, laws, and other information posted on the Company's website home page, www.atwec.com.

Safe Harbor StatementThis release contains "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, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected".

You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosure information.

All company or product names used are the property of their respective owners and may be the trade marks (TM), service marks (SM), or registered marks (R) of other companies, and are used for information purposes only and to their owners' benefit, without intent to infringe.

About ATWEC Technologies, Inc.:ATWEC Technologies, Inc. is a child safety and security company, headquartered in Memphis, TN, and has been doing business since 1979. ATWT has developed unique child safety devices which protect children while they are being transported, both to and from schools, events, and homes. ATWT has been issued patent number 7,646,288,B2 by the US patent office, and its business model is associated with legislation designed to mandate these systems for school and other vehicles, on a state-by-state basis. The Company trades on the Pink-OTC Markets under the symbol "ATWT", and the Company's website is www.atwec.com.

CONTACT:ATWEC Technologies, Inc.Alex T. Wiley, CEOinfo@atwec.com 901-324-7089

SOURCE ATWEC Technologies, Inc.

www.prnewswire.com

Copyright (C) 2012 PR Newswire. All rights reserved

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Luvme Hair Offers Wig Variety for Winter Fashion

Adding Flair to Winter Looks A style kick-off from the fashion world: Luvme Hair is flipping the table on winter wardrobes with a new collection of wigs. As the weather ramps up the need for thick coats and cumbersome layers, these long hairstyles offer a little extra swing, bringing dimension into the mix. Fancy a change from traditional winter hibernation? Here’s what...

Servier's Data on Tovorafenib Shows Promise in pLGG

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Novo's CagriSema Trial Shows Promising Obesity Results

Novo's Latest Weight Loss Gamble Well, look what we have here. Novo Nordisk is shaking up the obesity treatment scene with some bold numbers from their REDEFINE 9 trial. The investigational CagriSema combo of amylin analog and GLP-1 receptor agonist has churned out an eyeball-popping near 21% weight loss. For context, we're staring down the barrel of numbers far meatier...

EFICYENT Ventures to Connect at Singapore FinTech Fest

Why the Singapore FinTech Festival Matters The world's hardly a stranger to hype, but the Singapore FinTech Festival carries some real weight. From November 18 to 20, 2026, this gig isn't just industry chatter—it's a high-stakes convergence of policymakers, financial institutions, fintech innovators like EFICYENT, and the money folk looking to mold the future of...

Novo's Research Unlocks New Insights into Food Noise

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

MV Transportation Celebrates Leadership Nomination for FTA

MV Throws Support Behind Aesch for FTA Role In this wild world where public transit feels the heat from financial burdens, MV Transportation's recent move to support Mark Aesch for the Federal Transit Administration's top spot isn’t just a nod of approval—it's a full-blown trumpet blast. They're not just doling out a basic endorsement here; they're practically waving...

Shenzhen's Vision Unveiled: APEC 2026 Promo Debut

Shenzhen's Spotlight Moment at APEC 2026 When Shenzhen announced its promotional video for the 2026 APEC Economic Leaders' Meeting, it wasn't just about standard tourism glitz. This was a show of force, a bold step onto the main stage of global politics and economics. The video's launch wasn’t merely an audio-visual delight—it staked a claim in shaping the future...

PASCAL's Holiday Gift Edit: Timeless Watches Shine

Fresh Sparkle for the Holidays Well, here we are again, staring down the barrel of another holiday season. And what do you know, PASCAL is out with its 2026 Holiday Gift Edit, like clockwork. This is the kind of stuff they’re good at—capturing a moment, slapping some color on it, and calling it a game-changer. Launching on November 14, this edit nods to their Timeless...

Beko Pushes for Policy Synergy Amidst Carbon Shakeup

When big names like Beko step up on the global stage, you pay attention. During the COP31 panels in Antalya, Türkiye, the company's brass made one thing clear: we need harmony in how climate, trade, and finance policies come together. The stakes? The very strength of industrial competitiveness as new carbon rules turn the heat up on manufacturing practices. The Call for...