SOURCE: PureSafe Water Systems, Inc.
SYOSSET, NY--(Marketwired - Mar 6, 2014) - Leslie Kessler, President and Chief Executive Officer of PureSafe Water Systems, Inc. (OTCQB: PSWS) (the "Company") announced today that it has entered into a contract, valued in excess of $500,000 with a Mexican company to provide the Company's patented water filtration and purification system to solve a significant wastewater problem in the manufacturing of tequila.
Ms. Kessler stated, "We believe that this represents an important development for us, as it opens up a totally new and important marketplace dealing with organizations that must treat contaminated water with high organic contents as a byproduct of production. Our success in this area also could be applicable to other types of industrial companies that have similar difficult water treatment issues."
The PureSafe system is a high-volume water filtration process that is mobile and self-powered. It was initially developed as a first response solution to emergencies, providing clean drinking water from a wide variety of contaminated sources. The proprietary process has the capability to handle most water purification needs, from ocean water desalinization to surface and fresh water treatment, including sources with high bacteria content. Because of the system's versatility, new applications are being identified by the Company in many other municipal and industrial areas.
From time to time, information provided by the Company (including; but not limited to this release), statements made by its employees or information included in its filings with the Securities and Exchange Commission may contain "forward -looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, the Company claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology development and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitation, its 2013 Form 10-K and Forms 10-Q. The Company does not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.