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WLDI news..World Am Joint Venture - Comfort Isotec to Exhibit at SECURITY CHINA 2003 in Beijing
Business Wire - October 02, 2003 07:00
WESTMINSTER, Colo.--(BUSINESS WIRE)--Oct. 2, 2003--World Am Communications Inc. (OTCBB: WLDI) www.world-am.com, whose wholly owned subsidiary, Isotec, Inc. www.isotecinc.com conceives, develops and markets state-of-the-art security systems, announced today that Comfort Isotec, the recently formed Chinese joint venture company, has informed World Am that Comfort Isotec will be exhibiting their products at the Security China 2003 trade show in Hall 9 later this month.

According to the show sponsors, SECURITY CHINA 2003 is Asia's largest and most authoritative security show. Running from October 29th through November 1st SECURITY CHINA 2003 is the 6th such show. Since its debut in 1994, SECURITY CHINA has been the meeting point for international decision-makers, leaders, suppliers and customers for the various security sectors. SECURITY CHINA organizers have announced they will have the show annually in Bejing from now on. http://www.securitychina.com.cn/english/sz.htm

World Am and Isotec personnel will be in attendance at SECURITY CHINA 2003 to assist Comfort Isotec personnel.

Mitchell Vince, Isotec CEO, stated, "Comfort Isotec has advised us they believe Security China 2003 will successfully introduce Isotec-designed systems to the Asian market. Comfort Isotec has a contract with Comfort Virtue that calls for a Comfort Isotec to buy units for a fixed percentage above factory cost, thereby affording Comfort Isotec what we believe will be a competitive price in the world marketplace."

World Am owns 75% of the joint venture and will receive a $500.00 per unit royalty on all sales made by Comfort Isotec in addition to their share of profits.

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.
Investor Relations, 303-452-0022
[e-mail]