kareem
07-10-2003, Tue 3:12 PM
Business Wire - October 07, 2003 08:00
WESTMINSTER, Colo.--(BUSINESS WIRE)--Oct. 7, 2003--World Am Communications, Inc. (OTCBB:WLDI) (www.world-am.com), whose wholly owned subsidiary, Isotec, Inc. (www.isotecinc.com), conceives, develops and markets state-of-the-art security systems, announced today that unaudited sales for the third quarter exceeded any previously recorded quarterly sales figures for World Am.
Mitchell Vince, Isotec CEO, reported preliminary unaudited revenue of over $265,000 from Isotec products for the 3rd quarter of 2003. This reflects an increase of over 140% as compared with 3rd quarter 2002 revenue of $110,138. Vince also added, "This means our year-to-date sales have exceeded $484,000, surpassing 2002 year-end revenue of $345,450, a 40% increase over year-end 2002 already. Vince continued, "We are projecting revenue of approximately $700,000 for all of 2003, making 2003 a record year for revenue and about double the revenue as compared to 2002."
WESTMINSTER, Colo.--(BUSINESS WIRE)--Oct. 7, 2003--World Am Communications, Inc. (OTCBB:WLDI) (www.world-am.com), whose wholly owned subsidiary, Isotec, Inc. (www.isotecinc.com), conceives, develops and markets state-of-the-art security systems, announced today that unaudited sales for the third quarter exceeded any previously recorded quarterly sales figures for World Am.
Mitchell Vince, Isotec CEO, reported preliminary unaudited revenue of over $265,000 from Isotec products for the 3rd quarter of 2003. This reflects an increase of over 140% as compared with 3rd quarter 2002 revenue of $110,138. Vince also added, "This means our year-to-date sales have exceeded $484,000, surpassing 2002 year-end revenue of $345,450, a 40% increase over year-end 2002 already. Vince continued, "We are projecting revenue of approximately $700,000 for all of 2003, making 2003 a record year for revenue and about double the revenue as compared to 2002."