Global Wataire Inc. and Wataire Industries Inc. Sign World Wide Licence Agreement to Market and Distribute Wataire's Atmospheric Water Generators.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Global Wataire Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GWTE) announced today that it has completed negotiations with Wataire Industries Inc. (Pink Sheets:WTAF) and has signed a world wide licence agreement to market and distribute Wataire's atmospheric water generators. GW has completed its re-structuring and is ready to get started. GW has a solid business plan and a winning management team with industry experience and the managerial skill to successfully make Global Wataire the world leader in atmospheric water generator technology. The timing is right to capture the market for this proven technology, given that between 1990 and 1995, global water consumption increased sixfold sixfold Adjective 1. having six times as many or as much 2. composed of six parts Adverb by six times as many or as much Adj. 1. - more than double the rate of the population growth. This growth stems from increasing global use of water-intensive industrial processes and the fact that as poorer regions of the world become more developed and industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. , citizens tend to start to use indoor plumbing - which dramatically increases water consumption - and also switch their eating habits and increase consumption of water-intensive foods such as beef and pork as opposed to grains. There is growing public and regulatory demand for clean, safe 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. . Availability and safety of drinking water supplies are a major economic and health concern of consumers, driving the increasingly growing demand for alternate water solutions such as Wataire's technology and bottled water solutions. Learn more about Wataire's innovative technology at http://www.wataireindustries.com/. Forward Looking statements in this release are made pursuant to the " 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. " provisions of 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports files with the Securities and Exchange Commission. |
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