SOURCE: W Technologies, Inc.

W Technologies, Inc.

July 31, 2014 08:30 ET

W Technologies, Inc.'s Wholly Owned Subsidiary, AdMedia Group, Inc., Signs Contract With MaMa's On 39 Restaurant

HUNTINGTON BEACH, CA--(Marketwired - Jul 31, 2014) -  W Technologies, Inc. (PINKSHEETS: WTCG) (www.wtechnologies.biz) announced today that its wholly owned subsidiary, AdMedia Group, Inc., has signed a contract with Mama's On 39 restaurant to install new high definition digital televisions throughout the restaurant, each of which will run the new AdMedia Digital Signage software. 

Ross Ricks, President of Ad Media, said, "We offer mobile device and digital signage advertising services to effectively reach customers for your business. Digital Signage represents a powerful new local and national advertising media that is proving to be highly-effective in delivering more customers to your business. Advancements in technology for televisions and new software have greatly enhanced the cost effectiveness and lasting impact of Digital Signage advertising." Mr. Ricks went on to say, "This is one of the fastest growing components of the technology sector with annual revenues increasing from almost nothing in 2004 to approximately $7 billion in 2011, with a 20% annual projected growth rate to an estimated $20 billion by the end of 2014. We intend to hire service disabled veterans to sell advertising for the Company and, as long as those new clients advertise with Ad Media, the veteran will continue to be paid a commission that can build up month after month, year after year."

MaMa's On 39 is located on the corner of Beach Blvd. (Highway 39) and Adams Street in Huntington Beach, CA and offers traditional homestyle cooking such as Bacon Biscuits'n Gravy, MaMa's Pink Lemonade, and their famous Tomato Soup'n Cheese Sam-wich. It is a spacious family restaurant with large tables and a full bar featuring locally brewed beers. When in the area if you need a drink, or need to eat, or maybe just want an ice cream cone, stop in at MaMa's On 39, www.mamason39.com.

About W Technologies, Inc.

W Technologies, Inc. (www.wtechnologies.biz), whose stock is publicly traded under the symbol (PINKSHEETS: WTCG), is a diversified holding company with the mission to develop, manage and finance emerging companies. W Tech's business plan is to be involved in the development of new social media and digital advertising technologies, on-line shopping and payment solutions, new environmentally-safe oil and gas recovery technologies and new clean water technologies, as well financial services involving residential and commercial real estate and other emerging markets. The Company expects to bring a paradigm shift in the use of these new technologies in the respective business sectors and to develop new methods to finance its affiliated companies. Through its subsidiaries and affiliates with their experienced personnel, W Tech will seek to grow through acquisitions, joint marketing arrangements and organic growth in emerging markets.

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.

Contact Information

  • Investor Relations Contact:
    Pacific Equity Alliance
    858-886-7237