MEMPHIS, Tenn., July 12, 2012 /PRNewswire/ -- ATWEC Technologies, Inc. (OTC Markets: ATWT), a US-based child safety company, today announced that ATWEC and National Bus Sales & Leasing (NBSL) have entered in a Letter Of Intent agreement to partner together to deliver ATWEC Kiddie Systems life saving technology into the bus markets.

Alex T. Wiley, President /CEO of ATWEC Technologies, stated, "Today marks a major milestone for ATWEC as it now has found a partner in the bus industry. National Bus Sales & Leasing is one of the largest Bus groups in the United States. Our new partners are excited to have a US made product for their 14 different bus lines. NBSL agree our technology fits their philosophy for the ultimate product with American made ingenuity.

The agreements between ATWEC and NBSL are to give the group master distributions rights for the Kiddie Systems Products throughout the bus industry. ATWEC will maintain its product brand. Pricing for the product is based upon 5000 piece levels for both products. The agreement will be revisited each year for evaluation. Overall ATWEC can begin to forecast annual revenues that will meet or exceed 1 million dollars when these units' levels are achieved.

National Bus Sales & Leasing Is headquartered in Marietta Ga. Founded in 1974 NBSL has grown to become the country's largest supplier and manufacturer within the bus industry. NBSL operates in most states in the Southeast and Southwest including Georgia, Florida, Alabama, Mississippi, Louisiana, Arkansas, Texas, New Mexico, Oklahoma, Mid Atlantic States, Kansas, Colorado, Missouri, Iowa, Illinois, Tennessee, Kentucky, North Carolina, South Carolina, Virginia, West Virginia, Maryland, Nevada, Ohio and in Washington, D.C. NBSL considers itself a national dealer having sold to over 40 states.

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