NEWPORT BEACH, Calif., April 2, 2008 (PRIME NEWSWIRE) -- Isotec, Inc., a subsidiary of World Am, Inc. (OTCBB:WDAM), today reported the awarding of a $100,000 contract from a new client -- a major security services provider.
The agreement calls for installation of a customized Isotec security solution at a major East Coast manufacturing location that is a key customer of this security provider. Work is scheduled for completion by mid-April.
"Isotec has scored two major advances in its market penetration with this engagement," said President Ken Jochim. "First, validation that this major security provider is now doing business with us.
"Secondly, expansion of our market penetration, since this project is outside our existing financial services sector. Hopefully, this major provider's experiences using our equipment will pave the way for other potential opportunities to work together."
About World Am:
World Am has two operating subsidiaries, Isotec and Senz-It. Isotec solutions provide "Protection, not just Detection." It develops, integrates and supplies Automated Security Portals, broadly categorized as access control, weapons control, or materials control systems that rigorously control entry or exit of people and materials into and/or out of a facility, 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, and are 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.