AllWest Systems International Inc. Signs Contract With The Michelson Group Inc.DENVER--(BUSINESS WIRE)--Sept. 15, 1998--AllWest Systems International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AWTE) Tuesday announced they have signed a financial public relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. agreement with The Michelson Group Inc. AllWest Systems International is a leading provider of integrated fire, security and sound systems to commercial and public construction projects. The Michelson Group will provide and support the company with a state-of-the-art financial public relations plan. These services will include repackaging the company's collateral materials, assisting the company distribute corporate press releases, as well as introducing AllWest Systems International to the financial community. "AllWest Systems International is continuing with our commitment toward further growth and we believe that our relationship with The Michelson Group will prove to be extremely beneficial," stated Steven D. Pickett, chairman and chief executive officer. "We are confident and excited that our alliance with AllWest Systems International will enable the company to grow and gain significant recognition within the financial industry," stated Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Berman, president of The Michelson Group. AllWest Systems International is a holding company for the AllWest group of companies with annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. sales of $12.7 million. The AllWest group is committed to providing integrated life safety systems, which include fire, security, and sound systems for commercial and public facilities such as hospitals, schools, prisons and military bases. Founded in 1953, AllWest Systems International has seen a 600 percent increase in revenues since Pickett became 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. in 1990, growing from $1.8 million to $12.7 million. Included in this release 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 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. CONTACT: The Michelson Group Inc., 800/807-5121, Ext. 119 |
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