Atwec Technologies Inc (ATWT)

[ORCA]

ATWT.0043 the news is great.Read bold.
ATWT - ATWEC Technologies Announces Deals for Securities Division
MEMPHIS, TN -- (MARKET WIRE) -- October 31, 2006 -- ATWEC Technologies, Inc. (PINKSHEETS: ATWT) announced today its Security and Alarms Division has contracted to provide an electronic surveillance monitoring system for Parking Company of America Airport, LLC, the largest owner/operator of airport parking services in the United States. ATWEC will service Airport Fast Park in Memphis, Tennessee, one of fourteen nationwide PCA locations.

The monitoring system installed for PCA marks the beginning of the corporation's expansion of its security and surveillance division. The contracts acquired by this division this quarter will generate upwards of $40,000 in revenue for the company.

Recurring revenue accounts for the division have climbed since ATWEC's acquisition of a local alarm company in March 2006. Residential security was central to the division when acquired, but commercial accounts have become the primary source of increased earnings. Projected revenues from the Security and Alarms Division for fiscal 2007 are approximately $500,000.

"The concurrent growth of the Child-Safety Products and the Security and Alarms Divisions are ensuring a bright future for the company as we continue to expand and grow our infrastructure," said President/CEO Alex T. Wiley.

For more information on ATWEC Technologies, visit the company's web site: www.atwec.com.