Allwest Systems International, Inc. Awarded a $450,000 Expansion to Integrated Systems Contract for the United States Penitentiary At Hazelton, West Virginia.Business Editors DENVER--(BUSINESS WIRE)--March 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 $450,000 expansion to its integrated systems contract for the United States Penitentiary penitentiary: see prison. at Hazelton, West Virginia. This expansion brings the total value of the contract to over $4.2 million. The company continues to expand on its backlog of over $10 million. Included in these figures are the United States Penitentiary at Hazelton, West Virginia; the Big Sandy United States Penitentiary in Inez, Kentucky, and life safety and security contracts for various clients, including Denver International Airport This article is about Denver International Airport. For other uses, see KDEN (disambiguation). Denver International Airport (IATA: DEN, ICAO: KDEN, FAA LID: DEN), often called DIA , Liberty Media, Lucent Technologies, and Qwest. According to company President Jonathan Graham: "Our sales efforts and new product offerings continue to provide us with significant momentum. The expansion of the Hazelton contract is one of many positive indicators that our new focus is paying dividends." 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 Alarm, Special Hazard, Access Control, Digital Identification, Intrusion Detection, Digital Video and Closed Circuit Television (CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television ) systems 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 (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. Steve Pickett and staff grow the Company from $1.8 million in sales in 1990 to its current levels, over a 450% increase. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. View the company website at www.allwestsystems.com. |
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