Agri-Foods International, Inc. Acquires ATWEC Technologies, Inc.; Becomes Tennessee's First Minority-Owned Company To Publicly Trade Stock.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)--Nov. 7, 2003 ATWEC Technologies, Inc. announced today that it completed its stock exchange with Agri-Foods International, Inc. on September 23, 2003. The Company is now trading its common stock on the NQB NQB National Quotation Bureau, Inc (now Pink Sheets) Pink Sheets as ATWEC Technologies, Inc. (Pink Sheets:ATWT ATWT As The World Turns (TV soap opera) ATWT Atomic Weight ATWT Anticipated Transient Without Trip ). Incorporated in 2000, ATWEC is a high-tech corporation providing security and safety transportation systems to corporate and government customers throughout the Southeast US. The Company's patented KiddeVoice(TM) warning system has been developed to protect young children traveling to and from school, and is now being manufactured and sold to schools and day care centers in Tennessee and Mississippi. The Company has experienced revenue growth during 2002 and 2003, and anticipates increased sales of its KiddeVoice(TM) systems in 2004. The Company has engaged American Ventures of Rochester, NY to assist the Company with 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 and marketing as its stock trades publicly for the first time in October 2003. "After years of building and refining our product, we are now ready to step up our sales efforts, not only in Tennessee, but throughout the South," said ATWEC 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. Alex Wiley. "We are confident that being a public company will help us generate excitement and raise additional capital for the continued expansion of our business." ATWEC became Tennessee's first minority-owned company to have its stock publicly trading on a national exchange. ATWEC Technologies, Inc. can be found at its website www.atwec.com, and Alex Wiley welcomes any feedback 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. |
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