Wataire Industries Announces Name Change to Reflect Its Future Technology Development Strategy.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Wataire Industries Inc. (Pink Sheets:WTAF) announces it has changed its corporate name to Wataire Ecosafe Technologies Inc. The company has already successfully developed efficient, eco friendly water producing and treatment systems now being sold in over 30 countries. The increase in market demand for environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] "green" technologies is staggering in all sectors as global warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution. becomes a major concern all around the world. Wataire, in addition to continuing our in-house research for atmospheric water generators An Atmospheric water generator (AWG), or atmospheric condenser, produces pure drinking water from the humidity of the surrounding air. An AWG is essentially a dehumidifier: air is passed through a cooled coil, causing water to condense. and treatment systems, has strategically aligned itself with outside scientists and engineers to develop and acquire green technologies that will lead to free-standing, "nature powered" water treatment systems. These are particularly needed in developing countries without available or affordable electrical energy supplies. Wataire Ecosafe Technologies will concentrate on developing products that directly address the need for environmentally friendly solutions to the world's water and energy shortages. Once we have developed, tested and patented these emerging technology concepts, we will seek out marketing partners with the resources and capability to introduce these innovations on a worldwide basis. This strategy of aligning ourselves with the scientific community and marketing partners has already begun to pay off with Wataire International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :WTAR), who are rapidly expanding sales opportunities for our atmospheric water generation products. This relationship will allow the company to focus its resources on new, environmentally safe product development, testing and manufacturing priorities. We believe eco friendly innovations will be the cornerstone of our future commercial success. 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 filed with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion