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WTC INDUSTRIES SECURES $4 - 5 MILLION DISTRIBUTION AGREEMENT FOR MEXICO

 WTC INDUSTRIES SECURES $4 - 5 MILLION
 DISTRIBUTION AGREEMENT FOR MEXICO
 MINNEAPOLIS, July 8 /PRNewswire/ -- WTC Industries, Inc. (NASDAQ: WTCO) announced today that it has executed a distribution agreement with H2O Engineering, Ltd. valued at between $4 million and $5 million over the next 12 months. The performance-related contract provides for exclusivity in Mexico through H2O Engineering's subsidiary, WTC Industries, Mexico and includes the potential for additional sales in Latin America. WTC Industries, Inc. owns a minority interest in WTC Industries, Mexico.
 Sheldon Vermes, chairman and CEO of WTC Industries, stated that the new Mexican distributor is owned in part by an influential family with diverse business interests throughout the country. Vermes said, "WTC can benefit substantially from our Mexican distributor's ownership of hotels, beverage concerns, and other businesses. Although the final value of this agreement will be based on the distributor's performance, we believe they have excellent ability to fulfill the maximum performance level."
 According to Vermes, marketing activities in Mexico will be primarily focused toward commercial, industrial, and institutional applications. He added, "During my last trip to Mexico, we saw that WTC's products were already installed in the Central Military Hospital."
 WTC Industries, Inc. (formerly Water Technologies Corporation) holds the exclusive rights to manufacture and market the patented PentaPure(TM) resin worldwide. The company supplies water purification devices for consumer, industrial, and OEM applications.
 -0- 07/08/92
 /CONTACT: Sheldon A. Vermes or Fred R. LeGrand, 612-473-1625, both of WTC Industries; or Tom de Petra of de Petra & Associates, 612-338-7630, for WTC Industries/
 (WTCO) CO: WTC Industries, Inc.; H2O Engineering, Ltd. ST: Minnesota IN: SU: JVN


KH -- MN007 -- 7332 07/08/92 10:10 EDT
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Publication:PR Newswire
Date:Jul 8, 1992
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