news out
They want to become a reporting company
hmmm
Las Vegas, NV —
Alco Advanced Technologies, Inc. Acquires Axion Spatial Imaging Inc; Company Now Trading Under New Ticker Symbol
LAS VEGAS, NV, May 4, 2009 – Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has successfully acquired Axion Spatial Imaging Inc and has completed the filing process and has applied for a new CUSIP number and trading symbol. The Company is now trading under the new ticker symbol (PINKSHEETS: ALCD), and maintains status with Pink Sheets as part of its overall strategy to take an active role in the public markets in order to facilitate the execution of its business plan.
Alco Advanced Technologies, Inc business is diversified in the field of the electronic security. We have 3 main activities. Close Circuit Television and Security equipment (CCTV), Containers Inspection and Asset tracking via Global Positioning System (GPS).
Alco CCTV product line is complete and offer great quality at very competitive pricing. Alco offers 2 types of Digital Video Recorders (DVR). PC base and Embedded DVR. Alco also offer a complete line of analogue security cameras, IP cameras and Mega Pixel camera. The camera line included Indoor outdoor camera, days/nights as well as Pan Tilt Zoom (PTZ) cameras and 360 degree cameras.
Alco Container Scanning Service is unique in filling the desperate need for stricter container security and offers the only solution to the US mandate for 100% inspection of all containers. The legislation passed in 2006 by Bush administration and endorsed by the President Obama required that all ports shipping containers to the USA needs to scan the containers for radiation and imagery such as X-Ray and Gamma Ray to get a clear pictures of the content of the container.
Alco GPS tracking system is use to locate accurate position of various type of asset. We are also offering a unique service of monitoring asset for our client and analysis of efficiency. Our system can be use for the following type of assets; Commercial fleet of vehicles, Private cars, Containers and Inmate tracking
Alco Advanced Technologies, Inc.'s business will provide substantial growth and opportunity in the short term and long term. Despite Global economic downturn, the security industry remains strong and the need to secure supply chain going through sea port is a new market with a very short dead line. The politic willingness will push for a unique growth opportunity for Alco.
Although the company files its financials on the Pink Sheet site, the company is expecting to file audited financial statements in the near future and become a "reporting" company by the SEC.
Safe Harbor Statement: