World Am Communications, Inc. Signs Master Distributor Agreement with Spectrum Security Services International, L.L.C

Business Wire, August 22, 2002

Business Editors

WESTMINSTER, Colo.--(BUSINESS WIRE)--August 22, 2002

World Am Communications, Inc. (OTCBB: WLDI) announced that Isotec, Inc., its wholly owned subsidiary, has signed a Master Distributor agreement with Spectrum Security Services International, L.L.C. ("S3"), of Carrollton, Texas.

The agreement covers a dealer network in the United States, Puerto Rico and the Caribbean Islands that will market Isotec's "Transparent Security(TM)" and other security products. Jim Alexander, chief executive officer, World Am Communications said, "The appointment of Spectrum represents another benchmark in establishing a dealer network to supply what we feel is a growing demand for Isotec security products within the global marketplace."

S3 is a wholly owned subsidiary of Spectrum Management, L.L.C., of Carrollton, Texas. Spectrum is a global provider of physical and electronic security systems, as well as an international supplier of proprietary wireless asset tracking and location technology. For over 20 years, the Company has formed unique partnerships with law enforcement, businesses and communities and serves as the leader in the electronic tracking systems market. Spectrum's promotion of a robbery prevention partnership among community leaders and dedication to the complex needs of the security industry has created a significant impact on crime reduction in each of its markets. To learn more about Spectrum, please visit its website at www.sm-ets.com

Isotec, www.isotecinc.com, is a designer, manufacturer and distributor of both standard and customized Automated Passage Control (APC) systems that are used to monitor and control access to a variety of buildings and other spaces that require controlled access. Examples are public buildings such as courthouses, airports and schools. Such systems are also employed in industrial, retail and military applications. Isotec also manufactures for Original Equipment Markets (OEMs).

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Note to Editors: The "3" in S(3) should be superscript.