SOURCE: Ambient Water

Ambient Water

March 10, 2016 12:15 ET

Ambient Water Joins Innovative Agricultural Technology Companies at Launch Event of Bioenterprise BC

Company and Development Partner BW GLOBAL Structures Inc. to Seek Funding for Turnkey Sealed Greenhouses Used for Vertical Farming

SPOKANE, WA--(Marketwired - March 10, 2016) - Ambient Water (OTCQB: AWGI), a leading provider of atmospheric water generation systems for extracting water from humidity in the air, today commented on its attendance at the launch event for Bioenterprise BC, hosted by BW GLOBAL Structures Inc. on February 26. Bioenterprise BC is a non-profit business accelerator helping agriculture and biology based companies grow through strategic funding.

The Ministry of Agriculture, through the BC Innovation Council, recently agreed to disburse $200,000 per year over four years from the Agriculture Science and Innovation Fund to establish Bioenterprise BC. These funds will allow Bioenterprise BC to support the commercialization of innovations in agriculture and help raise agri-food revenue throughout the region.

Ambient Water has worked with BW GLOBAL Structures Inc. to develop closed-loop greenhouse structures for commercial use. The 12x24 greenhouses have complete climate control and water production, allowing for food growth within a week of assembly. The structures are currently in testing phase, and are built to ensure climate control and water production regardless of outside weather conditions. A video highlighting the technology can be viewed on the Company's YouTube channel.

"We were honored for the opportunity to attend the kickoff event for Bioenterprise BC, and to do so with our development partner BW GLOBAL Structures Inc. It's very exciting that the province of British Columbia has committed these resources to provide a boost to companies within the region looking to commercialize technologies that could make a difference to many people," said Keith White, CEO, Ambient Water. "Food and water shortages are a real problem in communities across the entire planet. Through our work with BW GLOBAL Structures Inc. we aim to provide a sustainable solution that can put a stop to hunger and water scarcity issues, no matter the climate or location throughout the world."

A global need exists for vertical farming applications as a solution to agricultural woes in harsh climate environments and urban areas, as well as an alternative option to traditional farming methods where water scarcity issues persist. The current agricultural model is incredibly water intensive -- 80 percent of California's total water use alone is from farmers -- and is also susceptible to weather during natural growing seasons. Turnkey vertical farming solutions such as those built by Ambient Water and BW GLOBAL Structures Inc. will provide a sustainable agricultural solution, no matter location or climate, allowing for year round production.

Ambient Water's patented atmospheric water generation technology literally makes water out of thin air, transforming humidity into an abundant source of clean water near the point of use. With multiple systems already commercially available or in development, the Company's technology produces clean and fresh water for a host of commercial industries, including oil and gas exploration and farming, while also providing fresh drinking water for homes, offices, and communities.

About Ambient Water Corp.

Ambient Water pioneered atmospheric water generation technology for extracting water from humidity in the air. Drawing from the renewable ocean of water vapor in the air that we breathe, the Company's patented technology cost-effectively transforms humidity into an abundant source of clean water near the point of use. The scalable and modular systems can be configured for a number of water-sensitive applications ranging from oil and gas exploration to vertical farming. The systems can also be configured to produce high quality drinking water for homes, offices, and communities. For a thirsty planet on the verge of a water crisis, Ambient Water makes clean water out of thin air. To learn more about Ambient Water, visit our website at http://www.AmbientWater.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently and other factors detailed in reports filed by the Company.

Contact Information

  • Press Contact:
    Matthew Bretzius
    FischTank Marketing and PR 
    Email contact