ATWEC Technologies Announces Sale to Lifespire
Special Needs Industry Embraces Kiddie Voice© Systems
MEMPHIS, Tenn., Jan. 18, 2012 /PRNewswire/ -- ATWEC Technologies, Inc. (OTC Markets: ATWT), a US-based child safety company, today announced that it has signed an agreement with Lifespire, Inc. for the immediate purchase of Kiddie Voice© safety systems for their buses and other vehicles.
Founded in 1951, Lifespire is recognized as a leader in providing services to developmentally disabled adults of New York City and the surrounding metropolitan areas. Lifespire has 81 locations throughout the five boroughs of New York City, serves over 5,600 individuals, and is headquartered at 350 Fifth Avenue, Suite 301, New York, NY 10118, with website www.lifespire.org.
Lifespire provides a wide range of services, and has a fleet of greater than 100 vehicles used in the transport of disabled persons. The initial order was for 85 Kiddie Voice© units, which retailed for $289 per system.
ATWEC and their certified technicians began installing the systems in November 2011. ATWEC also custom-designed some units for the special needs provider. Details about ATWEC and its Kiddie Systems™ safety products can be found on the company's website: www.atwec.com.
Alex T. Wiley, President & CEO of ATWEC Technologies, stated, "Receiving this order from Lifespire is a great breakthrough for ATWEC. While we have focused a majority of our efforts on daycare and elementary schools, it is apparent that our systems are needed to protect disabled persons as well. Lifespire has given us a significant order, and at the same time introduced us to the market which includes disabled and other special needs persons.
"ATWEC believes we have found a valued partner with a similar organization mission which advocates for those who do not have a voice. This partnership will allow ATWEC to focus on another important market that has a need throughout the state of New York and the US."
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 ATWEC Technologies, Inc.:
ATWEC Technologies, Inc. (www.atwec.com) 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.
ATWEC Technologies, Inc.
Alex T. Wiley, CEO
SOURCE ATWEC Technologies, Inc.
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