SOURCE: Purio Inc.

January 02, 2008 00:30 ET

Purio Inc. Is Pleased to Announce That It Has Entered Into a Share Exchange Agreement With Purio Environmental Water Source, Inc.

HENDERSON, NV--(Marketwire - January 2, 2008) - On December 7, 2007, Purio Inc. (the "Company") (OTCBB: PURO) entered into a Share Exchange Agreement (the "Agreement") with Purio Environmental Water Source, Inc. ("Purio"), a private Nevada corporation, and the shareholders of Purio. For a copy of the Agreement, please view the Company's current report on Form 8-K filed with the United States Securities and Exchange Commission on December 7, 2007.

About Purio Environmental Water Source, Inc.

Purio owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to use its technology initially for industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. In all cases, Purio intends to retain ownership and operation of its proprietary technology and selling the produce water to end users.

Forward-Looking Statements

This press release "contains forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, the expectation and/or claim that: (i) Purio intends to use its technology initially for industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications; (ii) Purio further intends to use its proprietary technology to produce potable water for commercial and residential use; and (iii) in all cases, Purio intends to retain ownership and operation of its proprietary technology and selling the produce water to end users.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company's ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; (ii) Purio's ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; and (iii) Purio having enough funding to operate its business and retain ownership of its proprietary technology. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

Contact Information

  • Contacts:
    Shawn Van Damme
    Investor Relations
    1-877-512-1120