Water Technologies International & GR8 Water Are in Production of Their Patent Pending Atmospheric Water Generators
GR8 Water Has Completed the Home and Office, 10 Ton and 24 Ton AWGs and Expects to Begin Production on the 50 Ton and 100 Ton Units
(firmenpresse) - PORT ST. LUCIE, FL -- (Marketwire) -- 03/27/12 -- Water Technologies International, Inc. (PINKSHEETS: WTII) announced today that it has completed the design and testing of the Home and office, 10 ton and 24 ton Atmospheric Water Generators (AWGs). The AWGs are now in production. GR8 Water expects to have the 50 ton and 100 ton unit built and tested within the next 30 days.
There is a huge market opportunity for the Company's AWGs that produce 99.9% pure drinking water. Globally, people consume approximately 52 billion gallons of bottled water every year. The global bottled water market is expected to reach $65 billion in 2012. Domestically, this figure is approximately 8.75 billion gallons per year. Much of the plastic from the bottled water is not recycled, and sits in landfills or ends up in the ocean. Since plastic never fully decomposes, it becomes a long term pollutant unless properly handled. By using the Company's AWG products, consumers can drink water cheaper and save the environment. There are a number of very lucrative market opportunities in addition to replacing bottled water for the Company's products, including use in commercial banks, commercial office buildings, large boats and yachts, and of course in areas of the world with limited access to clean drinking water.
With water shortages continuing to spring up around the globe, and with drought, war, and natural disasters a looming possibility for the entire world, there are many applications for the GR8 Water AWG. The GR8 AWG countertop or freestanding floor units are great for the home, recreation, or small office, while larger units may be useful for:
Business
Government institutions
Hospitals
Military Institutions
Schools
Hotels and Resorts
Water Technologies Inc.'s CEO, William Scott Tudor, said, "It has been a long journey to get to the point of production. At GR8 Water, it is our goal to produce the highest quality products in the Atmospheric Water Generator industry."
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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 .
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.
Investor Relations for Water Technologies Intl., Inc.
Gerald Kieft
The WSR Group
772-219-7525
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Datum: 27.03.2012 - 14:49 Uhr
Sprache: Deutsch
News-ID 1097113
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