Water Technologies Completes the Design and Prototype of Its Custom Unit for Large Customer and Prepares for Full Scale Manuf...
07 Août 2012 - 1:55PM
Marketwired
Water Technologies International, Inc. (PINKSHEETS: WTII) announces
it has completed the design and prototype phase of its custom units
for a large customer and prepares for full scale manufacturing.
Since first announcing the order from Atmospheric Water Systems,
Inc. on April 2, 2012 for 1,000 Atmospheric Water Generators
(AWGs), the Company has moved quickly to design, build and test a
unit to the customer's specifications. The custom AWG unit is built
and in the final phases of testing. The Company expects to begin
delivering units in the current (third) quarter.
Water Technologies Inc.'s CEO, William Scott Tudor, said, "First
I would like to thank our manufacturing partners at Ocean Breeze
for their efforts in completing this project on time and on budget
despite numerous challenges. We are excited to begin delivering
units and generating revenue which will build value for our
shareholders. In the current facility, the manufacturing capacity
for this system is estimated at 1,000 units per month which can
increase as necessary. I'm proud to say that Water Technologies,
Inc. is still committed to providing high quality products that are
Made in the USA."
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About the Company
Water Technologies International, Inc. and its wholly owned
subsidiaries, GR8 Water, Inc. (Great Water) and Aqua Pure
International, Inc. (Specializing in Filtration Systems) are
engaged in the manufacture and distribution of technologically
advanced Atmospheric Water Generators (AWG). These unique devices
utilize a patent pending air purification input system to produce
clean, great-tasting, safe water from the humidity in the air. GR8
Water makes freestanding water factory units for the home or office
and large, industrial-sized water units using a modular design that
can produce up to thousands of gallons of water each day from
ambient air. GR8 Water strives to make safe drinking water
available to everyone on the planet, making the world a better
place in which to live while nurturing the environment.
The Company has patents pending and has filed for additional
patents with the USPTO. It has also filed globally through the
Patent Cooperation Treaty. Its "Water village" trademark has been
issued by the USPTO.
For additional information on the Company visit our website at
www.gr8water.net.
Statement as to Forward-Looking
Statements.
Forward-Looking Statements
Certain statements in this release that are not historical facts
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will," "would," "should," "plan,"
"projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to the Company's
ability to: (i) obtain sufficient capital or a strategic business
arrangement to fund its expansion plans; (ii) build the management
and human resources and infrastructure necessary to support the
growth of its business; (iii) competitive factors and developments
beyond the Company's control; and (iv) other risk factors. We
assume no obligation to update the information contained in this
news release.
Contacts: For Further Information Contact:
Investor Relations for Water Technologies Intl., Inc. Gerald Kieft
WSR Communications 772-219-7525 IR@WSRcommunications.com
http://wsrcommunications.ir.stockpr.com/gr8water/overview
Strategic Advisor Contact: Marmel Communications, LLC.
Marlin Molinaro Phone: (702) 434-8692
Water Technologies (PK) (USOTC:WTII)
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