ATWEC Technologies Files Annual Report
Company Maintains "Current Information" Tier on OTC Markets
MEMPHIS, Tenn., May 2, 2012 /PRNewswire/ -- ATWEC Technologies, Inc. (OTC Markets: ATWT), a US-based child safety company, today announced that it filed its 2011 annual report, exhibits, and attorney letter with the OTC Markets, thereby maintaining "Current Information" status for disclosure purposes.
The Company's Board of Directors signed off on the Company's financial and other disclosure reports for year-end 2011 after a meeting with consultants. The Company posted its highest total unit sales ever, exceeding $200,000 for the first time.
Shareholders and other investors can find the disclosure posted on the OTC Markets website, as well as the Company's website home page, www.atwec.com.
Alex T. Wiley, President & CEO of ATWEC Technologies, stated, "While being public continues to require much time and cash resources, our Board is pleased to stay 'current', especially as we increase ATWEC's sales efforts and seek investment capital via the public markets."
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 (SM), or registered marks (R) of other companies, and are used for information purposes only and to their owners' benefit, without intent to infringe.
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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