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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. Has Secured Financing to Increase Sales Capability in South America

12/06/2009 10:56pm

Business Wire


Southern ITS (PK) (USOTC:SITS)
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Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has successfully secured financing with International Bio-Dynamics SA for its CCTV product Sales. With this financing Alco is positioned to increase its sales capability in South America. More importantly this has allowed Alco to complete its first shipment of CCTV products in fulfillment of its contract obligations with American Light of Bogota, Colombia. Alco will be shipping over $250,000 in CCTV products to American Light in the month of June. This contract is a continuous fill contract for a period 36 months that can be extended as required.

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.

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