SOURCE: ATWEC Technologies, Inc.

ATWEC Technologies, Inc.

August 18, 2010 08:15 ET

ATWEC CEO Updates Shareholders

ATWEC Begins Process to Upgrade With Pink Sheets; Company Projects OTCQX Listing in 2011, No Reverse Split Necessary

MEMPHIS, TN--(Marketwire - August 18, 2010) - ATWEC Technologies (PINKSHEETS: ATWT) CEO Alex Wiley expressed today ATWEC has submitted its registration fee to Pink Sheets to begin its transparency for the shareholders and future investors. We expect to have our classification fully upgraded within the upcoming weeks. Our company will be launching a new investor relation page on its website which will give information related to the company's structure and financial data. Presently, the approximate share structure for ATWEC is 2,000,100,000 authorized, 1,529,000,000 issued with 1,474,000,000 in the float. "Authorized shares will not increase nor will there be any reverse splits necessary to achieve our goal for 2011 OTCQX listing," said President/CEO Alex T. Wiley.

ATWEC is on target to contact NEVADA and its transfer agent. These steps are just proof of our seriousness about ATWEC and the growth of the company. We have hired a great company, Kinsley Street Financial and Marketing group, that is helping us achieve our immediate and long term goals.

ATWEC is marketing itself aggressively because of an ever growing problem of children in cars. Our mission has grounds for solving a serious problem while capturing an opportunity to grow from its prosperity. Children being left in hot vehicles have prompted a new product schedule for release in Spring of 2011. We are focusing on a larger market through the retail consumers who transport their children to and fro.

ATWEC feels the demand for its technology will increase as it continues to build its shareholders base, and find/create markets for its Kiddie Systems™ products.

NOTE: Certain statements made in this press release are forward-looking statements within the scope of the Private Securities Act of 1995. Such statements involve known and unknown risks. Uncertainties and other mitigating factors may influence desired outcomes. Such risks, uncertainties and/or other mitigating factors include but are not limited to new economic conditions, risks associated in product development, market acceptance of new products and continuing product demand, level of competition and other factors both known and unknown as described within this Company's reports and other filings with appropriate regulatory agencies.

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