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Mon, December 5, 2011

Water Technologies International Issues Shareholder Update


Published on 2011-12-05 06:15:46 - Market Wire
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December 05, 2011 09:02 ET

Water Technologies International Issues Shareholder Update

PORT ST. LUCIE, FL--(Marketwire - Dec 5, 2011) - Water Technologies International, Inc. (PINKSHEETS: [ WTII ]) is providing shareholders with an update on the Company. As previously announced, the Company has completed its merger and is now publicly traded on the OTC Markets.

Water Technologies entered into an agreement with a U.S. manufacturer to produce and develop its Marine Line of units for yachts and the boating industry. The Company will focus on selling these units to new boat builders as well as refitting current boats with these units.

The Company is also developing several OEM agreements to produce the GR8 Water home and office units and its commercial product line that will consist of a number of AWG system configurations and a mobile unit. With respect to its commercial units, the Company has OEM agreements to produce Atmospheric Water Generators (AWGs) in the United States and is working with international distributors to sell Commercial AWGs to government municipalities, private companies and the militaries around the world.

The Company is in the process of developing strategic alliances with AWG companies that have strong operating track records. In addition to strategic alliances, the Company is also exploring M&A opportunities, specifically with companies in the industry that have sales, marketing personnel and current in-place distributors in multiple countries.

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.

Water Technologies Inc.'s CEO, William Scott Tudor, stated, "We are emerging as a leader in the Atmospheric Water Generation business at a time when water is in the forefront of the news. With the global population reaching and surpassing the 7 billion mark, the number one natural resource of concern has become water -- not just water but potable drinking water, fresh, clean, sanitary drinking water. This environmental and humanitarian challenge has created an enormous opportunity for our Company to provide a unique and cost effective solution."

Make sure you are first to receive timely information on Water Technologies International, Inc. when it hits the newswire. Sign up for Water Technologies' email news alert system today at: [ http://ir.stockpr.com/gr8water/email-alerts ].

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. For additional information on the Company visit our website at [ www.gr8water.net ].

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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