ATWEC Technologies, Inc. 2010 Year End Updates
December 31 2010 - 12:25PM
Marketwired
ATWEC Technologies (PINKSHEETS: ATWT)
announced significant gains towards reaching its goals for product
delivery and maintaining/establishing a viable presence within the
child safety market.
"Although, there were difficulties reaching certain revenues
goals, recent programs implemented will ensure that these revenues
are attained," said President/CEO Alex T. Wiley. First, ATWEC
proudly announces the launching of our e-commerce site
(www.atwecgrp.com). The distribution objective/program is to
deliver products to the customer and direct them to certified
installers for installation, which will yield a higher income from
retail sales. Secondly, an annual recertification program for the
products and technicians will ensure product
reliability/functionality and generate additional recurring revenue
income.
ATWEC's major accomplishment was the issuance of the Kiddie
Voice product patent # 7,646,288,B2 by the
U.S. Patent Office. ATWEC also engaged a private
marketing/investment group to help promote the company with very
little success. Although some set backs occurred, ATWEC feels it is
back on track with improved marketing and promotional strategies
and the endorsement of a major faith-based organization who pledged
to purchase its products. "With the e-commerce site in place, this
program will be quickly implemented," said President/CEO Alex T.
Wiley.
ATWEC was unsuccessful in becoming transparent as planned;
however, ATWEC is committed to make this happen in 2011. Today,
ATWEC launched the Investor Relation Page where unaudited year-end
financials and other data for 2010 can be found.
"2011 will be a great year for ATWEC," said President/CEO Alex
T. Wiley. ATWEC has major markets in Florida and Louisiana. Both
states are looking to pass legislation that mandates systems such
as ours on all daycare/school vehicles. ATWEC is also awaiting
non-disclosure agreements with an Investment/Relation group to
assist with its filings, acquiring audited financials, and finding
sources for funding to promote growth for the company.
NOTE: Certain statements made in this press release are forward
looking statements within the scope of the Private Securities Act
of 1995. Such statements involve known and unknown risks.
Uncertainties and other mitigating factors may influence desired
outcomes. Such risks, uncertainties and/or other mitigating factors
include but are not limited to new economic conditions, risks
associated in product development, market acceptance of new
products and continuing product demand, level of competition and
other factors both known and unknown as described within this
Company's reports and other filings with appropriate regulatory
agencies.
Contact: ATWEC Technologies, Inc. 901-324-7089 Email Contact
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