World Am Inc. (WOAM/WOAM.PK) Wrap Up:

World Am, Inc., through its subsidiaries, engages in the development, manufacture, and distribution of automatic passage control (APC) and security devices to government and other commercial enterprises in the United States and internationally. The company?s products comprise weapons control systems, passage control systems, asset protection systems, and anti-tailgating systems. Its systems are used to monitor or control access, egress, or passage from one area to another, such as airport security portals, building entries and exits, gates for vehicles or personnel, public building access points, laboratories, hospitals, and government and other buildings. The company also develops, commercializes, and markets technologies in the field of micro-sensor elements and sensor arrays to the homeland security, indoor air quality, food purity and processing, and medical diagnostic industries. World Am sells its products through a distributor network or directly to the end user. The company was founded in 2005 and is based in Newport Beach, California.