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World Am Announces Another Portal Ordered by California Banking Institution.

WESTMINSTER, Colo. -- World Am, Inc. (OTCBB:WLDI) www.world-am.com , whose wholly owned subsidiary, Isotec, Inc., www.isotecinc.com conceives, develops and markets state-of-the-art security systems, announced today that it has received a new weapons control system order from a San Francisco Bay Area dealer for a California banking institution.

According to Paul Labarile, of Isotec, "Our dealer tells us they are presently working on six proposals for financial institutions that they believe should lead to orders for installation this year. The current order is for an upgraded two-lane model 9084 portal."

James Alexander, World Am CEO said, "We presently have 10 bank systems and two government proposals in process. Of the 10 bank systems proposed, we have already received 5 purchase orders and expect that the remaining five could be received within the next month. We also continue to seek to obtain new dealers in areas where Isotec is not presently represented."

Isotec Inc. is best known in the security industry for its "Transparent Security(TM)" systems, which it conceived and developed.

Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
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Publication:Business Wire
Date:Aug 19, 2004
Words:388
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