ATWEC Technologies Product Sales Surge in Florida
Palm Beach County Schools Purchase Kiddie Voice™ Systems
MEMPHIS, Tenn., Feb. 23, 2012 /PRNewswire/ -- ATWEC Technologies, Inc. (OTC Markets: ATWT), a US-based child safety company, today announced that it has experienced a sharp sales increase in Florida, selling its Kiddie Voice™ safety systems to daycare centers located in Palm Beach County, for their buses and daycare vehicles.
In August 2011, the Palm Beach County Board of County Commissioners approved a new requirement for child safety alarm devices in vehicles used by child care centers. The deadline for meeting this requirement is September 1, 2012, but the County is encouraging schools to install the devices by April 1 in order to receive a reimbursement of $150 per vehicle, paid by the Children's Services Council.
The Company's Kiddie Voice™ system is unique and patented, and provides a total solution for child safety. The unit, retailing at $289 per unit, specifically meets all specifications laid out by the new rule, and as a result, the Company has seen a spike in sales, filling orders ranging from 3 to 30 units or more at various schools and centers in the Palm Beach region.
Alex T. Wiley, President & CEO of ATWEC Technologies, stated, "We have been preparing for these installs in Palm Beach County since the rule was implemented last August. Although we have received serious interest and inquiries, schools are now rushing to purchase the system in order to qualify for the large rebate. We are making unit sales every day, and our reps are personally meeting with and selling to numerous schools and daycare centers during the months of February and March. ATWEC's revenues continue to grow month by month as awareness for child safety builds."
There are an estimated 423 daycare centers located in Palm Beach County. Details about ATWEC and its Kiddie Systems™ safety products can be found 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.
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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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