(BW)(CO-WORLD-AM)(WLDI) World Am Communications, Inc. Subsidiary Receives $100,000 Plus Multi-Unit Order From Federal Agency
WESTMINSTER, Colo.--(BUSINESS WIRE)--Aug. 18, 2003--World Am Communications, Inc. (OTCBB:WLDI) www.world-am.com, whose wholly owned subsidiary, Isotec, Inc., conceives, develops and markets state-of-the-art security systems, announced today that it has received a multiple unit order for Isotec www.isotecinc.com access control portals.
A U.S. Government Agency has ordered multiple Isotec custom access control portals to help secure its facilities. The access control portals ordered are intended to significantly reduce the possibility that unauthorized personnel will enter protected areas within the facilities. Isotec has installed similar systems for the U.S. Navy, the U.S. Federal Reserve, and the U.S. Air Force Nuclear Weapons storage facility.
"The amount of this order exceeds $100,000 and represents what we believe to be a trend for such systems in government & public buildings. The amount of quotations and requests for proposals indicate that some government entities are now making significant investments in security systems," said Mitchell Vince, Isotec CEO. "We are told these portals are part of a program to upgrade security at certain facilities. This multiple unit repeat order underscores this agency's confidence in our products."
Isotec is best known in the security industry for its "Transparent Security(TM)" systems, which it conceived and developed.
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
CONTACT: World Am Communications, Inc., Westminster, Colorado
Investor Relations, 303-452-0022