World Am's Isotec Subsidiary Awarded New Contract From Hamilton Pacific Unit of Securitas Security Systems, One of World's Largest Security Companies Wednesday October 19, 10:00 am ET
WESTMINSTER, Colo., Oct. 19, 2005 (PRIMEZONE) -- World Am, Inc. (OTC BB:WDAM.OB - News) today reported that its wholly owned subsidiary, Isotec, Inc., has been awarded a contract from Hamilton Pacific, L.P., its Pasadena, Calif.-based authorized dealer, for a custom security system for a major California banking institution. ADVERTISEMENT
Hamilton Standard has a network of offices serving 22 states. It recently became an operating unit of Sweden's Securitas Security Systems, active in more than 20 countries in Europe and North America, and employing more than 200,000 people. Over the past 15 years, Securitas has grown to be one of the world's largest security companies, with some 8 percent of the total world market.
``We are pleased to be working with Hamilton Pacific and its now global marketing capability through its new parent company,'' said World Am President & CEO James Alexander. ``The system to be installed is essentially the same that recently met and exceeded operating criteria as measured in our role as a subcontractor to a prime government contractor.''
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 World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://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
posted
imo this should be nice today, mm's shaking the weaks on nothing...from 0,035 to 0,031 on nothing...its sad for the weak...
Posts: 439 | Registered: Apr 2005
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posted
im not weak but i need more shares quick==waiting for clearing after 2 o clock==this thing is ripe after lunch
Posts: 224 | From: mass | Registered: May 2005
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posted
Maybe we'll see 0.04 at the end of the day but the 50's I doubt very very much.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
Hi, I am new to this board.So hello to all! WDAM as we know is a current favorite. Just looking through the pr it seems that they have won only one contract for a financial instituition.
Is it possible that is why wdam has eased off?
Posts: 7 | From: Dublin,Ireland | Registered: Oct 2005
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posted
Update on my previous post. Maybe we'll see 0.035 at the end of the day but the 40's I doubt very very much.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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-------------------- siggy: 'the poorest way to help the poor is to be poor' / jmichael1974 (yahoo) Posts: 836 | From: Atlanta | Registered: Aug 2004
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posted
sounds like this company is headed in the right direction but you will need a pr with more specifics to generate more interest.
Posts: 908 | Registered: Dec 2004
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posted
I just sent an e-mail requesting more info on the contracts, we'll see what kind of response we get.
Posts: 35 | From: Minneapolis | Registered: Oct 2005
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posted
yes, but WDAM kinda fizzled, doesn't look that great for tomorrow in my estimation.. Any thoughts
Posts: 222 | Registered: Nov 2003
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you could have posted it 
