Wataire Industries Inc. Company Update.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) is pleased to announce the completion of development of the Counter Top Model Atmospheric Water Generator 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. . Wataire Industries Inc's Counter Top Water Generator will produce a minimum of 2.5 gallons of purified 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. per day in average humidity areas (35% to 50%). In high humidity areas (50% or greater)the machine will generate over 6 gallons of water per day. The Counter Top Generator is approximately 23 inches in height, 14 inches in depth and 14 inches in width. Wataire will be conducting extensive tests on the Counter Top Unit over the next six weeks, and anticipate the new product to be launched early in the new year. The company has designed the Counter Top Water Generator specifically to cost effectively market the product in middle to lower income families and organizations who might not otherwise be able to afford such a product in their home. Wataire's current water test provided to the company by Can Test Laboratories an independent testing facility in British Columbia once again detected no Coliforms or Ecoli in the Ho10 Water Generators. Technicians at Wataire Industries are currently testing the application of Solar Technology to our Water Generators as an alternate power source for areas where power is intermittent intermittent /in·ter·mit·tent/ (-mit´ent) marked by alternating periods of activity and inactivity. in·ter·mit·tent adj. 1. Stopping and starting at intervals. 2. or simply not available. ABOUT WATAIRE Wataire is an international company focused on delivering technology-based water generation and purification products worldwide. The company provides innovative water supply solutions that are adaptable to almost every type of environmental conditions. Wataire was founded by a team of veterans with extensive experience in business administration, product development, project management, manufacturing, international distribution and sales and marketing. The Company is dedicated to provide an array of revolutionary solutions to deliver clean, unlimited supply of pure water for drinking, for lifesaving, and for irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. . For more information, please visit: www.wataireindustries.com. 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. 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. |
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