Business
Alco Advanced Technologies, Inc entered into a partnership agreement with Colombia One a Leading Security Integration company in Egypt
Alco Advanced Technologies, Inc entered into a partnership agreement with Colombia One a Leading Security Integration company in Egypt.
About this update from Southern Its International Inc.
[{"type":"text","content":"Alco Advanced Technologies, Inc. entered into a partnership agreement with Colombia One a Leading Security Integration company in Egypt. LAS VEGAS, NV, May 29, 2009 – Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company has successfully entered into a partnership agreement with Colombia One a leading security integration company in Egypt. This new partnership will allow the J. W. Marriott Cairo Resort Hotel to be one of the most secure Hotel in Egypt. Alco unique technology will allow for complete inspection of vehicles and tourist entering the Hotel making it secure for its guest. This system is being planned as a true showcase of advanced security technologies available through Alco Advanced Technologies and is being considered by several other 5 star resorts in Egypt. Some of that technology could be use for the Egyptian ports project. Sylvain Desrosiers said “With our technology installed in one the finest hotel of Cairo is strategically important to position Alco as a premier supplier for electronic security equipment and this project allow us to make a statement in term of commitment in Egypt and the middles east for our Sea Port and Port of Entry Scanning Services.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 obl...