Blue Industries Begins Deliveries Under Cambodian Contract.Business Editors GENEVA--(BUSINESS WIRE)--June 24, 2002 Blue Industries, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLUI) announced today that it has started shipping drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. purification purification, in religion, the ceremonial removal of what the religion deems unclean. The usual agents of purification are water (as in baptism), bodily alteration (as in circumcision), and fire. systems to Phnom Penh Phnom Penh (nŏm pĕn, pənŏm`) or Phnum Penh (pən  m`), city (1994 est. pop. , Cambodia. The initial shipment included 15 of the company's P6 Drinking Water Treatment Plants, which are able to process 1,500 gallons per day, and two of the company's P60 Drinking Water Treatment Plants, which are able to process 15,000 gallons per day. A second shipment is scheduled for mid-September. Commenting on the initial shipment to Cambodia, the company's president Fernand Leloroux said: "We are very impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the performance of EUPADI, our Cambodian representative. They have only been working with us for two months and we have already made our first substantial sale." Mr. Leloroux continued: "We needed a reliable distributor in that could effectively penetrate the Southeast Asian market and our representative agreement with EUPADI is certainly off to a fine start." About Blue Industries Inc.: BLUE Industries is a global leader in the field of safe drinking water. The company's water treatment products are based on patented technologies that make it possible to offer drinking water processing facilities to an end user at an installed capital cost of less than fifty cents per gallon of daily capacity. Depending on configuration, the company's current products can process between 1,500 and 15,000 gallons per day. The Company currently serves customers in China, Thailand, Cambodia and Middle East, and is conducting on-site demonstrations in Africa. The Company's goal is to provide enabling technologies and products to satisfy the growing global demand for safe water in domestic, industrial, and agricultural applications. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. |
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