ATWEC Technologies Enters Surveillance Market with New LS3-Cam™
11 August 2020 - 2:00PM
InvestorsHub NewsWire
Recent Acquisition
of Level Three Security Expands Company’s Commercial Product
Line
Memphis, TN -- August 11, 2020 -- InvestorsHub
NewsWire -- ATWEC
Technologies, Inc. (OTC
Markets: ‘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".
You are cautioned that such statements are subject to
a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks
that actual results may differ materially from those projected in
the forward-looking statements as a result of various factors, and
other risks identified in the Company’s disclosure
information.
All company or product names used are the property of
their respective owners and may be the trade marks (TM), service
marks (SM), or registered marks (R) of other companies, and are
used for information purposes only and to their owners' benefit,
without intent to infringe.
CONTACT:
ATWEC Technologies, Inc.
support@atwecgroup.com
Office - 901-207-1464
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