PORT ST. LUCIE, FL - Oct 25, 201 - Water Technologies International, Inc. (PINKSHEETS: WTII), a developer of breakthrough technologies in atmospheric water production, today announced its wholly owned subsidiary, GR8 Water, Inc., has received the first of multiple purchase orders for two 80-ton commercial Atmospheric Water Generators (AWGs) that each produce approximately 1,500 gallons a day of pure drinking water.
The Company has also completed a 12-ton AWG unit and is near completion of a revolutionary 40-ton AWG unit. Water Technologies will also begin full production of the newly redesigned 7-gallon per day home and office AWG. The Company has come out of its R&D stage and is now generating revenues. The Company expects to start announcing quarterly revenue guidance in the mid fourth quarter of 2012.
Water Technologies Inc.'s CEO, William Scott Tudor, said, "This recent sale, in addition to the growing number of RFPs we receive on a daily basis, represents further confirmation of our proprietary solution by the marketplace. Over the next few quarters, we believe that our 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."
A video showing the proof of concept prototype is available at the company's website, http://www.gr8water.net/media-center/product-video
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 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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