Aqua Society, Inc. to Evaluate Cold Storage Systems for Hospitals in the Ivory Coast.HERTEN, Germany -- Aqua Society, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AQAS)(FWB (Fixed Wireless Broadband) See fixed wireless. :UP4A) (the "Company") announced today that it has entered into an agreement with the State Ministry of Health and Population for the Ivory Coast (the "Ministry of Health") to conduct evaluations of the cold storage systems at various hospitals and health care facilities within the Ivory Coast and to provide them with estimates for repairing and upgrading those systems. The Company's agreement with the Ministry of Health also calls for the Company to provide estimates to supply a number of health care facilities with Thermomobile refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. units for the safe storage and handling of medicines, vaccines and blood products. The fees and prices to be paid to the Company for providing its services and supplying equipment have yet to be determined and will be negotiated between the Company and the individual hospitals and health care facilities. The Ministry of Health has agreed to facilitate the introduction of the Company to those hospitals and health care facilities and to guarantee payment under any contracts negotiated with those facilities. The terms of the Company's agreement with the Ministry of Health extend for a period of seven years and will be renewed automatically for an additional seven year period unless one of the parties provides notice of its intent to annul an·nul tr.v. an·nulled, an·nul·ling, an·nuls 1. To make or declare void or invalid, as a marriage or a law; nullify. 2. the agreement at least six months prior to the end of the first seven year term. The Thermomobile, developed by the Company, is a multi-purpose, self-contained, mobile refrigeration/heating unit designed to be loaded and transported onto a variety of large or small transport vehicles. The device utilizes the power supplied by the vehicle's power system to keep the interior of the unit either cool or warm. The Thermomobile does not require expensive modifications or permanent affixation Noun 1. affixation - the result of adding an affix to a root word sound structure, syllable structure, word structure, morphology - the admissible arrangement of sounds in words 2. to the transport vehicle, allowing the vehicle to still be utilized as a non-refrigerated/heated transport. On December 27, 2004, the Company changed its name from "V G Tech, Inc." to "Aqua Society, Inc." to better reflect the nature of the Company's business. The Company designs and develops technologies for application in the areas of refrigeration, water purification and waste water treatment. In addition to developing the Thermomobile, the Company has developed a working prototype of an apparatus for extracting potable potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. water from the atmosphere and is in the process of developing technologies for optimizing the energy consumption of refrigerating re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. units and refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. shipping containers. In addition, the Company has considerable experience and expertise in utilizing membrane and vacuum technologies to design, construct and maintain water purification, water recycling and waste water treatment systems. This Press Release may contain, in addition, to historical information, forward-looking statements. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein, including, but not limited to, risks and uncertainties related to the Company's due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. investigations and with the negotiation of definitive agreements with the individual hospitals and health care facilities. There are no assurances that the Company will be able to reach any such agreements with these facilities. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release. AQUA SOCIETY, INC. Achim Stamm, President Aqua Society, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :AQAS) (FRANKFURT:UP4A) |
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