ATWEC Technologies, Inc. Holds Shareholder Meeting; Minority-Owned Company Meets With Investment Bankers in New York.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--Dec. 16, 2003 ATWEC Technologies, Inc. (Pink Sheets: ATWT ATWT As The World Turns (TV soap opera) ATWT Atomic Weight ATWT Anticipated Transient Without Trip ) announced today that it has received increased interest from shareholders, potential investors and several financing professionals as a result of its annual shareholder meeting, held in Memphis on October 11, 2003. Approximately 400 current and potential shareholders gathered at the Adams Mark hotel to hear ATWEC and its Board announce the stock exchange with Agri-Foods International, Inc. and new stock listing on the NQB NQB National Quotation Bureau, Inc (now Pink Sheets) Pink Sheets under 'ATWT'. Yesterday, the Company met with the Long Island Investment Banker's Association at Ruth's Chris Steakhouse for a due diligence meeting Due Diligence Meeting The process of careful investigation by an underwriter to ensure that all material information pertinent to a security issue has been disclosed to prospective investors. designed to help market and promote the Company's common stock. ATWEC is a high-tech corporation selling security and safety transportation systems, in addition to its patent-pending KiddeVoice(TM) warning system, and is poised for increased sales growth in 2004. The shareholder meeting was given by the Company and its Board of Directors, and both meetings were chaired by the Company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mr. Alex Wiley. "We were pleasantly surprised that so many people attended the shareholder meeting," said ATWEC CEO Alex Wiley. "We now know that we have the support of the Memphis community, and we are looking to build on that excitement in the months ahead." Also attending the meeting were the Company's financial advisors and legal counsel, and current and prospective shareholders were encouraged to ask questions about the Company, its business, and issues related to stock. Mr. Wiley said he understands the importance of getting the ATWEC name out to the public. "The financing professionals in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of are a critical component for ATWEC's growth. We are now striving to build a solid team of financial consultants to help us market our stock and obtain the funding necessary to expand our business during 2004. It was a great meeting, and we have developed some great connections as a result." ATWEC Technologies, Inc. can be found at its website www.atwec.com, and you can contact the Company's CEO, Alex Wiley, at alexwil@atwec.com. The Company's trading symbol Trading symbol See: Ticker symbol is ATWT. Statements in this press release about the company's future expectations, including the rate of growth of the Company's revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's reports and financial statements. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion