SOURCE: W Technologies, Inc.
LAS VEGAS, NV--(Marketwire - Dec 6, 2012) - W Technologies, Inc. (PINKSHEETS: WTCG), announced today a definitive letter of intent with Solara 360 to market their digital media product. Solara 360 is unique in the digital advertising market, based on the combination of its exclusive Solara 360 Liquid Crystal Displays and its Priority Remote Management Software. Solara 360 has developed and manufactures its own exclusive brand of commercial grade 1080p HD LCDs designed specifically for the Solara 360 Digital Signage Network.
Digital Signage is one of the fastest growing components of the technology sector. In 2004, there was virtually no industry or revenue for digital signage. The sector has rapidly grown to more than $6.97 Billion in 2011. It is projected to continue to grow at more than 20% annually for the foreseeable future.
Ronald Costa, President of W Technologies. Inc., noted, "This is another exciting opportunity for our Company as we aggressively implement our Business Plan of expansion in the Media Technology Markets. We are confident that our efforts to expand our business focus will create a spring board for substantial growth for the Company, as well as deliver a successful outcome to our shareholders."
The Company is also working in conjunction with AdMedia Group, Inc. on this project.
About W Technologies, Inc.
W Technologies, Inc. and its subsidiary, SoMo Technologies, Inc., offer their clients a comprehensive development strategy of integrated cross-sectional marketing to potentially increase their exposure and revenue. Headed by a professional management team with worldwide experience, the Company provides unique effective and economic turnkey solutions for client media and marketing solutions to drive revenue to our business clients' bottom line profit.
Precautionary and Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like W Technologies, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.