EAWC Technologies

EAWC Technologies

March 26, 2015 09:30 ET

EAWC Technologies Signs Agreement With Mexico Company to Build Waste-To-Energy Plant

MIAMI, FLORIDA--(Marketwired - March 26, 2015) - EAWC Technologies (OTC PINK:EAWD), an energy and water technology Company (also known as Eurosport Active World Corp.), today announced an Agreement with Tecnologias Verdes SA de CV, a private Mexican Corporation, to build the country's first waste-to-energy (WtE) plant at the state of Chiapas.

"This plant is designed to process waste material in order to produce an estimated 95 million cubic meters of synthetic gas," according to EAWC Technologies CEO Ralph Hofmeier. "The resulting synthetic gas, or 'syngas', which could then be used to power an internal combustion engine or turbine used to power generator for electricity," he pointed out.

EAWC Technologies estimates that it will receive more than $5 million in revenue for this first project in the Mexican market. Management believes this is the most efficient, cost effective and profitable solution that Mexico faces to rid itself of organic & inorganic; solid or liquid waste and simultaneously help manage its energy needs.

  • Mexico produces at least 39,385,595 tons/year of urban waste, not including organic waste of unusable harvested agriculture, raw sewage and contaminants;
  • Mexico is a net importer of natural gas, mostly via pipeline from the United States;
  • Its natural gas demand is rising because of greater need for power generation;
  • Mexico consumes 250 terawatt hours (TWh) of electricity per year;
  • The per-capita usage per year is about 1,578 Kwh with consumption expected to increase.

This waste-to-energy plant by EAWC is a closed loop elemental recycling system that safely destroys wastes and produces commodity products. It is expected to clearly demonstrate how it can solve serious environmental challenges for Mexico. According to Tecnologias Verdes, it has plans for more than 30 similar projects involving EAWC WtE plants.

Although the Company is still officially registered in The United States as Eurosport Active World Corp, it has been focused entirely on its "green tech" business since 2012.

EAWC Technologies ensures its sustainability and efficiency through its Research & Development arm, the Swiss Water Tech R&D Centre, as well as with highly regarded European and American Engineering Universities. This synergy ensures after sales technical assistance, maintenance, training and education when required.

About EAWC Technologies:

EAWC Technologies promotes, develops, manufactures and commercializes patented green technologies such as Atmosphere Water Generators (AWGs), CO2 free energy production (ENVA), plasma-assisted gasification & sterilization's systems, solar-powered water purification systems, as well as solar energy solutions. EAWC provides a customized package of technologies instead of focusing only on one technology, unlike most companies in the industry. EAWC is currently an OTC Markets listed company in the U.S. in the Pinksheets category under the ticker symbol: EAWD. For more information, please visit us at: www.eawctechnologies.com.

Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

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