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marketwire

Purio to Assess Marketing and Manufacturing Facilities in British Columbia

  • Press Release
  • Source: Purio Inc.
  • On 9:30 am EST, Wednesday December 10, 2008

BLAINE, WA--(MARKET WIRE)--Dec 10, 2008 -- Purio (OTC BB:PURO.OB - News) executives Joseph Swanson and Earl Switenky have accepted the invitation of a British Columbia manufacturing firm to visit its facilities on Vancouver Island during the week of December 15th, 2008.

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"The purpose of the visit is threefold," says Mr. Swanson. "We know that there is an immediate demand for our equipment throughout British Columbia. The region is experiencing an increasing demand for real estate development and many of the most desirable areas are not serviced with water and wastewater infrastructure. This area boasts some of the most beautiful alpine and ocean side real estate in North America and the difficulty of servicing these new developments with conventional treatment systems is severe. Numerous development proposals are for island settings where each location is a stand-alone project. A number of developments are being held up by regulatory bodies simply because they are not able to provide water and wastewater services. We feel that the Purio technology is ideal in addressing the needs of these developers. One of our objectives in the tour is to determine the ways in which Purio equipment may be deployed to service these developments."

"Second on our list of goals is to select a suitable location at which to set up our treatment system in order to demonstrate it and gather performance data in order to obtain the permits required to operate our wastewater treatment equipment in British Columbia," continues Mr. Swanson. "This process will be valuable to us in that it will give us first-hand information that we require in order to custom design our equipment to best serve that market."

"Our third objective in the tour is to determine the suitability of a proposed manufacturing facility in the region," says Earl Switenky. "We've found experienced entrepreneurs in that region who have proposed to both market our technology and manufacture our products. They are intimately familiar with different aspects of real estate development and are already involved in manufacturing to serve that industry. One advantage of the location of this market is that it's really just out our back door."

About Purio Inc.

Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell &/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America. Website: www.puriowatertech.com.

Forward-Looking Statements

This press release "contains forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, that the company will reach any manufacturing arrangement with proposed facility in British Columbia

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company's ability to obtain and maintain adequate working capital requirements to operate Purio's business; (ii) the Company's ability to obtain necessary permits and approvals to operate Purio's business; (iii) the Company's ability to market and sell clarified water; and (iv) the Company's ability to negotiate and consummate license agreements for its water purification equipment. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

Contact:

     Contact:
Shawn Van Damme
Investor Relations
1-877-512-1120
e-mail: svd@puriowatertech.com
 

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