Source: World Am, Inc.
World Am’s
Isotec Subsidiary Receives Automated Bank Security Portal Contract
And the
Potential for Business Opportunities in Additional Markets
NEWPORT BEACH, Calif. – Feb. 23, 2007 – World Am, Inc.
(OTC BB: WDAM) today reported that its wholly owned Isotec, Inc. subsidiary has
been awarded another bank security portal contract, this one by InterTECH
Security of Maryland, LLC. InterTECH
Security of Maryland recently acquired E-Quip LTD, a Maryland-based security services
firm that has grown steadily
over the past decade by focusing primarily in the financial, retail,
correctional facilities, and government markets.
“The real value added part of this assignment,” said
Isotec President Ken Jochim, “is that the parent company, InterTECH Security
Group, LLC, is a rapidly
growing security integration company with offices in western
Since
its inception in 2000, Mr. Jochim noted, InterTECH has developed an impressive
client list that includes Fortune 500 companies, utility firms, professional
sports venues, higher education organizations, pharmaceutical companies, public
transportation authorities, and other government agencies.
”InterTECH’s success in the fast growing integration market will be enhanced by
E-Quip’s experience in banking and correctional institutions and the addition
of Isotec’s products,” Mr. Jochim observed. “Conversely, E-Quip’s personnel
will help grow InterTECH’s considerable customer base in the
World Am has two
operating subsidiaries, Isotec and Senz-It. Isotec designs and integrates custom Automated Security Portals that
provide access control, weapons control, and materials control security
solutions. Automated Security Portals
rigorously control entry or exit of people and materials at secure facilities,
while reducing the need for security personnel.
Applications of the technology have been delivered to the commercial,
retail and government sectors. Isotec’s experience in this field allows it to
provide high quality, code compliant, application-optimized solutions at the
lowest cost in the shortest timeframe.
Senz-It represents
an innovative advancement in the field of micro-sensors that have applications
in homeland security, indoor air quality monitoring, food processing and health
care. Its potential products are intended to compete in the developing field of
real-time detection and notification devices.
Senz-It is being designed to identify patterns of molecules present in
liquid, blood and air environments for significantly less cost than current
approaches.
Additional information on the company is available at http://www.world-am.com/ .
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 World Am, Inc. 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.
Contact: World Am, Inc. Investor Relations, 951-279-8884 |