LAS VEGAS, Nov. 27, 2007 (PRIME NEWSWIRE) -- Isotec, Inc., a subsidiary of World Am, Inc. (OTCBB:WDAM), today reported that a new distributor has ordered two of the company's weapons control security systems. They are to be installed in a high-risk branch of a major nationwide commercial bank in which several recent armed robberies have occurred.
The distributor, TCCS Security, headquartered in Las Vegas, will install the equipment. Founded in 2002 by its president, Harlan Sumida, TCCS serves the Western United States. Mr. Sumida previously worked for eight years for the Mosler Corporation, troubleshooting and solving security system problems throughout the United States as a technician, field engineer, and then manager of operations for the entire state of Nevada.
"At TCCS, we provide systems support to many of the world's largest companies, from international institutions to local community businesses," Mr. Sumida said. "With more than 100 years of collective staff experience," Mr. Sumida noted, "TCCS is proud to be representing Isotec's product line to our customers. Their reception to its availability is immediately demonstrated by our order from this key financial institution."
"TCCS has immediately proven its value as a member of our worldwide distribution network with this order," said Isotec President Ken Jochim. "The branch of this banking group, which is among the top 10 in its industry, is among a network of several thousand branches nationwide. This suggests its experience using our equipment may pave the way for potential additional orders.
"We also recently signed an agreement with Seoul-based PGS Korea to be our distributor in South Korea. Similarly, we've added Sam's Security in San Juan, Puerto Rico, as another international distributor. They had been servicing our units in that island in the past, and wanted to expand the relationship to include selling as well, " Mr. Jochim said.
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.