SOURCE: Air Water International Corporation

October 30, 2007 01:00 ET

Air Water International Corporation's Wholly Owned Subsidiary Air Water Corporation Announces a Settlement of Litigation With Air2Water and World Wide Water, LLC.

MIAMI BEACH, FL--(Marketwire - October 30, 2007) - Air Water International Corporation's (PINKSHEETS: AWTI) wholly owned subsidiary Air Water Corporation company President / CEO Michael Zwebner announced today that the company has reached a settlement with Air2Water and World Wide Water, LLC. and the parties have agreed to end all litigation between them. The parties may co-operate in future commercial activities in the field of Air to Water generation.

About Air Water Corporation:

Air Water Corporation designs and manufactures a wide range of Air to Water machines and systems that can offer consumers from 25 liters to over 5,000 liters of pure filtered drinking water daily. The company manufactures the machines in several global manufacturing locations, and markets and distributes the entire range of its machines and systems on a worldwide basis.

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Caution Concerning Forward-Looking Statements by Air Water International Corporation. This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Air Water International Corporation More detailed information about these factors may be found in filings by Air Water International Corporation with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Air Water International Corporation is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.

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