SOURCE: Aquentium

December 19, 2007 04:59 ET

Aquentium CEO Attends Tribute to Mexico's Secretary of the Economy

PALM SPRINGS, CA--(Marketwire - December 19, 2007) - Aquentium (OTCBB: AQNM) announced today that the company's CEO, Mark Taggatz recently attended the Tribute to Mexico's Secretary of the Economy, Dr. Eduardo Sojo in San Diego, California.

The Mexico Business Center of the San Diego Regional Chamber of Commerce hosted the 7th Annual INTERNATIONAL TRIBUTE AWARDS GALA honoring Mexico's Secretary of the Economy, Dr. Eduardo Sojo.

Mexico's President Felipe Calderon named Dr. Eduardo Sojo Garza-Aldape Secretary of the Economy in 2006. Prior to moving up to the Cabinet, Dr. Sojo served as Economic Advisor to Mr. Calderón during the presidential campaign and was subsequently the Transition Team's Coordinator of Liaison Work with the Federal Public Administration. In the Administration of President Vicente Fox, Dr. Sojo was head of the President's Office for Public Policies and Coordinator of the Economic Cabinet (2000-2006). He also held several positions in the National Institute of Statistics, Geography and Information and the Head Office of Economic and Social Policy. At the state level, he served as Guanajuato Coordinator of Economic Planning during the administration of then-Governor Vicente Fox, where he was responsible for economic policy design, planning and evaluation. Secretary Sojo is in charge of the Mexico portion of the "Security and Prosperity Initiative" of Presidents Bush and Calderon to help assure that the economic benefits of cross border trade are not hindered by the security aspect of the border crossings.

"I was pleased to be able to share with Dr. Sojo our re-deployable emergency housing solutions, and am hopeful that our interests in Mexico will continue to move in a favorable direction. I strongly believe the Aquentium housing solutions can be of great benefit to the country of Mexico and its citizens for many years," stated Aquentium CEO Mark Taggatz.

Low-cost and prefabricated housing initiatives and projects are a priority for the 32 Mexican States, as well as for the Mexican Federal government. CONAPO (National Council for Population) estimates that Mexico will require an additional 5.2 million dwellings in the coming years.

The housing construction industry in Mexico has experienced constant growth over the last 5 years, growing at an average pace of 4.5% per year. Housing has been the banner for the current government under President Felipe Calderon by generating employment and stimulating the economy. With a market in the pre-fabricated and low-income housing sub-sectors for years 2006 to 2008 of over 1.4 billion dollars per year and growth projections at around 3.3% per year until 2010, the housing industry promises to be one of the most attractive sectors in which to invest for companies.

Sponsors for the 7th Annual International Tribute Awards Gala included: Sepra Energy, Silicon Border, Burnham Real Estate, Cox Communications, Deloitte, Kyocera, Luce Forward, Sentre Partners, Vesta, Univision, Deitec, Familiares y Amigos de Elsa Arnaiz, Merrill Lynch International, Sr. Ricardo Lorden y Asociados, San Diego Business Journal, San Diego National Bank, and San Diego Natural History Museum.

About Aquentium

The Aquentium SIP housing system is designed to produce low-cost housing worldwide. The building system is unique in design and method of manufacture, being strong enough to meet the highest world standards and simple in design so as to produce substantial savings of time and in building construction costs.

In addition to building materials & construction, Aquentium has interests in waste management, water treatment, and food safety.

Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. There can be no assurance that such forward-looking statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact Information

  • Contact:
    Mark Taggatz
    Telephone: 1-760-329-4139
    Email: Email Contact