NEWPORT BEACH, Calif, Oct. 24, 2006 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM) today reported that its Isotec, Inc. subsidiary has agreed to appoint a Greek security products distributor to represent its product offerings in that country. Headquartered in Athens, the distributor, CH.THEODOSSIS S.A., has been in operation since 1984.
With a staff of 44, CH. THEODOSSIS S.A. has a product line that currently represents recognized manufacturers of security and office automation products for the Greek banking industry. It also offers security advice and solutions to major public companies, including Wackenhut, Nike, Suzuki and Pepsi.
"CH. THEODOSSIS, and our sister company, Orgadata, stand ready to meet the needs of any bank or public company with a flexible and effective support network throughout Greece," said Alexandros Theodosis, sales manager. "We are very pleased to be adding Isotec's outstanding passage control systems to our product offerings throughout Greece."
"We are proud of this new affiliation," said Isotec President Ken Jochim. "Our newest distributor has more than 20 years' experience in its home country, and has an enviable list of clients that we hope will become ours as well."
About Isotec:
Isotec develops, integrates and supplies passage control security products 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.
Additional information on the company is available at http://www.world-am.com or http://www.isotecinc.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.