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ATWEC Technologies Acquires Memphis-Based Security Monitoring Business

Company Adds Accounts With Recurring Revenues to Its Enhanced Security and Alarms Technology Business Model

ATWEC Technologies, Inc. (OTC: ATWT) announced today that it has completed the acquisition of a Memphis-based Security Monitoring Company whose core business is the sales, installation and monitoring of residential security alarm systems installed at homes throughout the greater-Memphis area. Alarms that go off unexpectedly, and are not cancelled by the homeowner within a specified time frame, receive an immediate, armed 9-1-1 response, which is incited by representatives monitoring the alarm systems at the Company's central operations hub. According to CEO Alex T. Wiley, "This purchase marks a new beginning for our company, one of increased diversification for ATWEC into additional segments of the greater security and alarms technology market, and/or markets."

"ATWEC Technology's growth outlook for 2006 is quickly taking shape, as the Company is now commencing significant marketing and promotional efforts to help increase sales for both the child-safety products division, as well as our burgeoning security and alarms division, which we have recently added to the ATWEC family," continued CEO Wiley. "Presently, we are negotiating additional purchases of alarm monitoring assets. These assets in total could potentially add over 2000 recurring revenue accounts to the Company's bottom line."

The security monitoring industry is vast and appears to be underserved, at least by "locally run" agencies, in most regions of the United States. With this most recent acquisition, ATWEC now has the tools in place to further complement its child safety products and services with an increasing number of synergistic, security and alarms technology products and/or services. ATWEC Technologies intends to meet its projected sales and revenue numbers by continuing to grow both organically and through multiple acquisitions of smaller, regionally owned businesses in the security monitoring industry.

ATWEC Technologies' child safety alarm systems, to date, have been installed in pupil transportation vehicles in Tennessee, Arkansas, Mississippi, Louisiana and Wisconsin. ATWEC's newly announced Security and Alarms Monitoring division has -- per this acquisition -- numerous residential accounts in the greater-Memphis area. ATWEC Technologies is proud to offer the highest quality services and most durable products in the security and safety products industries. More information on ATWEC Technologies can be found on the Company's website: www.atwec.com

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and other filings with regulatory bodies.

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