ATWEC Technologies Acquires Level Three Security

ATWEC Technologies, Inc. (OTC: ATWT) signed a binding letter of intent to acquire Memphis-based Level Three Security for cash and restricted stock, acquiring substantially all of Level Three's assets and liabilities. Level Three will become a new security division of ATWEC, adding residential and commercial alarm and surveillance capabilities as part of ATWEC's strategy to expand beyond vehicle child-safety products and into home and business security markets.