PORT ST. LUCIE, FL--(Marketwire -08/07/12)- Water Technologies International, Inc. (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.
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.
- Atmospheric Water Generators
For Further Information
Investor Relations for Water Technologies Intl., Inc.
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Phone: (702) 434-8692