PORT ST. LUCIE, FL / ACCESSWIRE / September 30, 2014 / Water Technologies International, Inc. (OTC Pink: WTII) (PINKSHEETS: WTII) the leader in the technology in atmospheric water generators (AGWs) production and design announced today that it has signed a standing licensing agreement to supply AWGs to generate water to be packaged for China Commerce Group www.ccgcn.cn. China Commerce Group is a majority shareholder and major supplier of Carrefour China www.carrefour.com.cn and the major supplier of Beijing Hualian Group en.beijing-hualian.com and WuMart www.wumart.com throughout China.
Equally important, as part of the agreement with Karma Leasing (China) Ltd. it will provide the financing to setup the initial air-to-water demo factory. The demo factory will use two WFC-160s which together will produce 6,000 gallons of drinking water per day.
Furthermore, the Company has been working on emergency water resources for disaster relief purposes such as earthquakes or droughts as well as water pollution by industrial chemicals or acts of terrorism. One of the potential solutions is to set up numerous air-to-water factories around the world using the Company's patented technology and units which can produce up to 3,000 gallons of drinking water per day. Furthermore, the modular and movable emergency water resources model can work very well for disaster relief and commercial purposes, as well as, for charity programs around the world.
Water Technologies, Inc.'s CEO, William Scott Tudor, said, "I see this as a new business model of revenue not only to sell the AWGs to produce the water, but also to sell the water and receive royalties and licensing fees for Water Technologies. The patent in China has opened up doors to large companies with established distribution chains throughout the country. I'm excited to work with the professional partners in China. This expands our ability to market, distribute and finance our product line and by selling the water, it promotes our brand to the 1.35 billion population that is used to frequent natural disasters."
For a direct link to a copy of the Patent Certificate visit our website at the "Our Business" tab under "Intellectual Properties" at: http://www.gr8water.net/our-business/intellectual-properties
For a direct link to a copy of the company's product information "Slick Sheets" 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.
CONTACT:
Investor Relations for Water Technologies Intl., Inc.
Gerald Kieft
WSR Communications
772-219-7525
[email protected]
http://wsrcommunications.ir.stockpr.com/gr8water/overview
SOURCE: Water Technologies International, Inc.