ATWEC Submits Letter Of Intent To National Bus Sales & Leasing (NBSL) To Partner In Bus Industry
National Bus Sales & Leasing to Offer Kiddie Voice and Kiddie Alert As Premier Systems on their Vehicles
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.
More importantly NBSL will also partner with ATWEC to promote child safety awareness across Georgia where pending legislation to mandate child safety alarms is hoped to pass.
ATWEC 's marketing director Mr. Tyrone Dunn and NBSL national sales manager Mr. Joe Lynch first met at a conference sponsored by the Georgia Child Care Association (GCCA) in late April. They understood the synergy between the two companies and started the ball to rolling which has resulted into a great partnership.
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.
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About National Bus Sales & Leasing:
National Bus Sales is considered to be the premier commercial bus dealer in the United States. We specialize in transportation options from large fleet purchases to small church bus needs.
Our service infrastructure is second to none National also has the largest bus parts operation, representing every school/commercial body and chassis manufacturer.
Visit website; @ www.nationalbussales.com
About ATWEC Technologies, Inc.:
ATWEC Technologies, Inc. is a child safety and security company, headquartered in Memphis, TN,. 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 @ www.atwec.com.
ATWEC Technologies, Inc.
Alex T. Wiley , CEO
SOURCE ATWEC Technologies, Inc.
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