PORT ST. LUCIE, FL- Sep 24, 2012- Water Technologies International, Inc. (PINKSHEETS: WTII), a developer of breakthrough technologies in atmospheric water production, today announced it has completed a sale for its patent pending Commercial Atmospheric Water Generator. Through its wholly owned subsidiary, GR8 Water, Inc., the Company has fulfilled a purchase order for a commercial Atmospheric Water Generator (AWG) which produces approximately 300 gallons a day of pure drinking water and a home/office unit that produces 7 gallons a day. The entire Water Factory system is being air freighted to Mexico and will be installed immediately. The distributor in Mexico expects to order additional units for the home/office and commercial atmospheric water generators once this pilot program is completed.
Mexico is facing one of the worst droughts in the past 70 years according to several articles this year in the Wall Street Journal. The country is an ideal market for atmospheric water generators with high average temperatures and high relative humidity all year.
Water Technologies Inc.'s CEO, William Scott Tudor, said, "We have reached a significant milestone with the completion of our next generation home/office and commercial AWGs. We believe that our proprietary atmospheric water generators will become a meaningful solution addressing the critical shortage of clean drinking water in developing countries as well as providing disaster relief. Mexico's demand for clean water presents a significant revenue opportunity for our Company and should create real value for our shareholders."
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 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 USTPO. 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.
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.
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