PORT ST. LUCIE, FL--(Marketwired - May 7, 2013) - Water Technologies International, Inc. (OTC Pink: WTII) announced today that the State Intellectual Property Office of the Peoples Republic of China has issued a patent allowance for the Company's Atmospheric Water Generating technology for China. Having achieved this significant step which protects the Company's valuable IP, the Company now intends to move forward with distribution and sales of the Company's Atmospheric Water Generators in China.
China is the second largest economy in the world with a population of over 1.3 billion people and growing. The need for clean drinking water continues to grow with the contamination of existing water supplies. China is experiencing severe clean water scarcity issues that threaten to hold back multi-million dollar industrial and real estate development projects. Governments and private industry around the globe are currently looking at Atmospheric Water Generators and filtration products as a serious and necessary solution to address the clean water problem.
Water Technologies Inc.'s CEO, William Scott Tudor, said, "Having our technology patented in major market countries represents a true milestone for our Company. In addition, we expect several more countries to follow with patents shortly. Water Technologies' innovative line of products along with its defined growth strategy for countries like China opens the doors for international market penetration and strong sales growth. There are a large number of countries around the globe that have exciting growth opportunities that require adequate water supplies. With the help of our technology, we are able to provide the critical water supplies to help move these real estate and industrial projects forward."
For a direct link to the company's product information "Slick Sheets" Company visit our website at: www.gr8water.net/products/product-slick-sheets.
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.
A video showing the proof of concept prototype is available at the company's website, www.gr8water.net
Statement as to Forward-Looking Statements.
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.