Recent Acquisition of Level Three Security Expands Company’s Commercial Product Line
MEMPHIS, TN / ACCESSWIRE / August 11, 2020 / ATWEC Technologies, Inc. (OTC PINK:ATWT), a US-based technology company specializing in child safety, today announced the launch of its new LS3-Cam™, geared for new sales to commercial customers throughout the US.
ATWT acquired Level Three Security on July 28, and will immediately offer security and surveillance services, complementing its vehicle safety product line. Level Three principal Calvin Keys immediately becomes an officer and director with the Company, bringing over forty years of experience in the security industry.
Keys stated, “I loved this deal because all of the pieces are in place to begin making substantial revenues this year, with 2021 looking strong. The management team sold me on their vision of being a major player in the global security market – safety, surveillance, protection, alerts – these are all vital services during these strange and dangerous times.”
The global video surveillance market is expected to grow from US$45.5B in 2020 to US$74.6B by 2025 amid rising concerns about public safety and security, and increased technological capabilities, according to studies by www.marketsandmarkets.com.
The LS3-Cam™ is Level Three’s signature product, with patent applications filed early this year. The product’s advanced audio and video surveillance systems provide comprehensive monitoring capabilities, including detection, identification and deterrence. The LS-3 Cam™ is mobile, with great flexibility, and can easily be moved to various locations.
Alex Wiley, ATWEC’s President and CEO, said, “Calvin is bringing his security business to ATWT, and will provide new leadership to the Company. The entire Management team is excited about this breakthrough moment for the Company, as we will now focus our combined efforts on increasing sales and raising investment, looking to achieve steady growth in the months and years ahead.”
Shareholders and other investors can find the disclosure related to the Company’s newest member of the Board of Directors and its latest products and services on the OTC Markets website, as well as the Company’s website, www.atwec.com.
About ATWEC Technologies, Inc. (OTC PINK:ATWT):
ATWEC Technologies, Inc. is a child safety and security technology company, headquartered in Memphis, TN, in business since 1979. ATWT has developed three unique child safety devices which protect children while they are being transported, both to and from schools, events, and homes, and gives parents and administrators ‘peace of mind’. ATWT has been issued patent number 7,646,288, B2 for its KV-3 system by the US patent office, and its business model is associated with legislation designed to mandate these systems for school and other vehicles, on a state-by-state basis. The KV-3 and the Kiddie Alert™ backup systems are currently being sold to customers across the globe. The company recently announced their new “state of the art” KV-4 platform which uses RFID technology and their new cloud-based system to easily track children on vehicles to and from home. The Company also recently announced its KV-X product which used ultra-violet rays to sanitize a bus or van from bacteria and pathogens. The Company trades on the OTC Markets under the symbol “ATWT”, and the Company’s website is www.atwec.com.
Safe Harbor Statement
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”.
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ATWEC Technologies, Inc.
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SOURCE: ATWEC Technologies, Inc.
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