MEMPHIS, Tenn., July 5, 2012 /PRNewswire/ -- 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™ 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™ 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™ 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™ 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 Statement
This 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
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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, CEO
info@atwec.com
901-324-7089
SOURCE ATWEC Technologies, Inc.