Allwest Systems International, Inc. Awarded $530,000 Integrated Security Systems Contract for the National Wildlife Research Center in Fort Collins, Colorado.Business Editors DENVER--(BUSINESS WIRE)--Feb. 27, 2001 Allwest Systems International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). PINK SHEETS: ALLW) has been awarded a $530,000 integrated security systems contract for the U.S. Department of the Interior's National Wildlife Research Center (NWRC NWRC National Wetlands Research Center NWRC National Wildlife Research Center NWRC National Women's Resource Center NWRC National Weather Records Center NWRC New Woman Research and Study Center NWRC Naval Warfare Research Center ) in Fort Collins, Colorado The City of Fort Collins, a home rule municipality situated on the Cache la Poudre River along the Colorado Front Range, is the county seat and most populous city in Larimer County, Colorado. . This contract brings the Company's current backlog to over $10 Million. Included in these figures are the $3.77 Million contract for the United States Penitentiary penitentiary: see prison. at Hazelton, West Virginia; the $3.73 Million contract for the Big Sandy United States Penitentiary in Inez, Kentucky, and in excess of $2 million in fire alarm and security contracts for various clients including Lucent, Qwest, Galileo International, Invesco and DirecTV. Steve Pickett, 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. , stated: "We are excited to be awarded the NWRC contract. Allwest Systems brings together the right combination of management depth, operations skills and state-of-the-art security technology to meet the demanding requirements of this project." Allwest Systems International, Inc. (OTC PINK SHEETS: ALLW), with over 55 employees, is a holding company for the Allwest group of companies providing Integrated Life Safety and Security Systems. These systems include Fire, Access Control, Digital Identification, Alarm, Digital Video and Closed Circuit Television (CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television ) for commercial and public facilities such as airports, offices, government, prisons, hospitals, schools and military bases. Founded over 48 years ago, Allwest Systems (ALLW) has seen CEO Steve Pickett and staff grow the Company from $1.8 million in sales in 1990 to its current levels, over a 450% increase. View the Allwest website at www.allwestsystems.com. Except for historical matter contained herein, the matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and 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. These forward-looking statements reflect assumptions, and involve risks and uncertainties, which may cause the company's business and prospects and actual results to differ materially from these forward-looking statements. |
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