ATWEC Technologies, Inc. Pursues Investment Banking Agreements; Minority-Owned Company Receiving Inquiries as Result of Current Marketing Efforts.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)--Feb. 17, 2004 ATWEC Technologies, Inc. (Pink Sheets:ATWT ATWT As The World Turns (TV soap opera) ATWT Atomic Weight ATWT Anticipated Transient Without Trip ) announced it is receiving a significant increase in interest as a result of its latest marketing efforts, and since the Company met with the Long Island Investment Banking Group on December 15, 2003. ATWEC attended the luncheon at Ruth's Chris Steakhouse in Long Island, NY on December 15, 2003, where it met with at least forty (40) broker-dealers, investment bankers Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. and money managers, seeking investment banking services during 2004. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the current records at Continental Stock Transfer and Trust Company, ATWEC currently has a capitalization structure of 7,818,606 total issued common shares, with a public float currently at 2,536,297 common shares, and a total of 1,434 shareholders of record. ATWEC is a high-tech corporation marketing and selling security and safety transportation systems to various customers. The Company has begun its marketing and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most efforts, and its stock trades on the NQB NQB National Quotation Bureau, Inc (now Pink Sheets) Pink Sheets under the symbol "ATWT". As a result of these efforts, ATWEC and its consultants have noticed a significant increase in telephone calls, letters and e-mails from interested parties, including financing professionals, potential investors and schools and other users of the technology. "It's been amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. ," said ATWEC'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 keep getting more and more calls from people asking about ATWEC and our growth potential. We are now getting our products to our shareholders, the technology works, and we will continue to build on this momentum as we sell KiddeVoice(TM) to the schools." Mr. Alex Wiley is scheduled to appear in an interview on CEOcast (www.ceocast.com) on Wednesday, February 18, at 5:30 p.m. EST, where he will discuss the Company and its recent press releases. ATWEC Technologies, Inc. can be found at its website www.atwec.com. 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" 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. For additional information, please contact Ms. Marlene Foster of Foster Financial at 901-766-2949. |
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