SOMERSET, N.J., Sept. 4 /PRNewswire-FirstCall/ -- AWT, Inc. (OTC:AWTM.PK) formally announced that the company had recently finalized the acquisition of ICON Systems, Inc., a global technology consulting group that lists among its current and former clients such as U.S. Dept of Defense, Cadbury Group, LTD, and Bakersfield L.P., among others. The specific terms of the transaction were not disclosed, but sources in AWT revealed that the acquisition took the form of an exchange of shares, and will not negatively affect its cash position. AWT is pleased to announce that it has added two highly experienced industry experts to its management team. Donald Malter will be assuming the role of CFO and Treasurer, and Peter Murray will take over as Vice President and Director of Sales. According to a company source, "The addition of Mr. Malter and Mr. Murray to our executive staff will bring a substantial increase in efficiency and productivity to the company. Their invaluable experience and extensive network of relationships with industry professionals across the U.S. has enhanced our profile and has substantially increased our capabilities as we move forward." About Advanced Wound Technologies: Advanced Wound Technologies provides the most advanced, state-of-the-art medical equipment to the health care system. In delivering the most advanced medical technologies at an affordable cost, we allow everyone access to the highest quality technologies, thus delivering equipment with greater therapeutic benefits. 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 level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties. DATASOURCE: AWT, Inc. CONTACT: Christopher J. Neill of AWT, Inc., +1-732-246-2330 Web site: http://www.awtmid.com/

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