ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SITS Southern ITS International Inc (PK)

0.055
0.00 (0.00%)
Last Updated: 19:02:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern ITS International Inc (PK) USOTC:SITS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.046 0.05 0.00 19:02:13

Alco Advanced Technologies, Inc. Enters Into a Distribution Agreement With American Lights in Bogota, Colombia

20/05/2009 11:00am

Marketwired


Southern ITS (PK) (USOTC:SITS)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Southern ITS (PK) Charts.

Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has successfully entered into a distribution agreement with American Lights, a Colombian security company located in Bogota, Colombia. The agreement is for three (3) years and valued at approximately 6.2 million dollars of Alco CCTV products. The first order will be shipped in June 2009. Ricardo Moscoso Aguirre, President of American Lights, is very confident that the Alco CCTV product line will be one of the dominant security product lines in Colombia within the next 3 years. "The Alco product line is very reliable and competitive, two qualities that are not found together in this market, and Alco has done a great job to supply us with what our customers want and need," said Mr. Aguirre. Alco has being working hard to develop the South American market for its products and services. "For Alco, the penetration and development of the Latin American market is a very important part our global strategy," said Sylvain Desrosiers, Alco Advanced Technologies CEO.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: Guido Arias 702-785-9865 Email Contact

1 Year Southern ITS (PK) Chart

1 Year Southern ITS (PK) Chart

1 Month Southern ITS (PK) Chart

1 Month Southern ITS (PK) Chart

Your Recent History

Delayed Upgrade Clock