SOURCE: Quest Water Global, Inc.

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September 10, 2013 09:10 ET

Quest Water Global Inc. Corporate Update

VANCOUVER, BC--(Marketwired - September 10, 2013) - Quest Water Global, Inc. (OTCQB: QWTR) ("Quest" and or "Quest Water" and or "Company"), an innovative water technology company, and developer of the AQUAtap™ Community Drinking Water Station and WEPS™ Water Extraction and Purification System, provides the following corporate update to its shareholders:

Quest Water is pleased to report that management continues to work toward a final agreement with the Angolan government, specifically the Ministry of Industry and the Ministry of Energy & Water, to install AQUAtap™ Community Drinking Water Stations in rural communities throughout Angola and to construct an AQUAtap™ fabrication and assembly facility in the country.

In March 2013, Quest Water was one of 10 Canadian companies, including RIM, Bombardier, and several mining and oil and gas firms, that were part of a Canadian Business Mission to Angola arranged by the Canadian Trade Commissioner in Johannesburg, South Africa. The Business Mission led to a formal invitation from the office of Vice President of Angola to present Quest Water's business case to a Special Committee consisting of 12 Angolan Secretaries of State and technical personnel. Quest Water returned to Angola in July to present to the Special Committee, chaired by the Senior Business Advisor to the Vice President. The Special Committee has now presented their recommendations regarding a move forward strategy for Quest Water and its Angolan subsidiary Aquatap Industrial Lda. to the Vice President.

"From Quest Water's standpoint the presentation was extremely successful, and another key milestone in further advancing our negotiations with Angola, and proceeding with construction of an AQUAtap™ fabrication and assembly facility in the Viana Industrial Park, 30 kilometers east of Angola's capital Luanda," said John Balanko, Quest Water Global CEO & President. "The Business Mission also provided us an opportunity to meet with Angola's new Minister of Industry, Bernarda Gonçalves Henriques da Silva Martins, and other government officials further enhancing our good working relationship with Angola."

The Vice President's Senior Business Advisor is now reviewing the Special Committee's recommendations and the proposed terms of Quest Water's AQUAtap™ project. The Special Committee is expected to reconvene to finalize the form of the agreement with Quest Water to construct the assembly facility and commence the purchase of AQUAtap Community Drinking Water Stations in the country. Quest Water anticipates returning to Angola soon to meet again with government officials and representatives of the African Development Bank, and to further negotiations with potential local partners who will drive the project at the local level and earn an equity position in the Angolan subsidiary.

Management also reports that the Company received an invitation to meet with the Prime Minister and the Minister of Water of Lesotho to discuss the construction of an AQUAtap™ fabrication and assembly facility in the South African nation. A meeting was arranged to coincide with Quest Water's participation in the Canadian Business Mission in March. Quest Water has submitted a proposal to Lesotho's Ministry of Water and is in discussions with government officials to fund the project. 

About Quest Water Global Inc.

Quest Water Global Inc., and it wholly-owned operating subsidiary Quest Water Solutions Inc., is an innovative water technology company that provides sustainable and environmentally sound solutions to water scarce regions. We use proven technologies to create economically viable products that address the critical shortage of clean drinking water in developing countries. Our goal is to address the vital issue of water quality and water supply by providing an alternative, sustainable source of pure water at the smallest possible environmental cost to global areas in need, while becoming a leading company in providing turn-key solutions using alternative energy for the purification, desalination, and distribution of clean drinking water.

About AQUAtap™

Utilizing patented, solar-powered water purification technology, Quest Water has developed a highly efficient, self-contained, community-operated water distribution system, designed to provide a sustainable solution to communities who lack the resources and infrastructure to access a clean, reliable water source. Quest Water's compact, transportable water purifier, the AQUAtap™, is a powerful water filtration and purification system that can take a typically unsafe water source, like polluted wells, rivers, lakes, and boreholes, as well as saline, and brackish sources, and create 100% purified, natural drinking water for entire communities, with output of up to 100,000 liters a day. The patented AQUAtap™ technology is also beneficial to the environment, using no harmful chemicals throughout the entire process as well as producing zero carbon emissions. The AQUAtap™ was designed with ease of transport, installation, and operation in mind.

Notice Regarding Forward Looking Statements

This press release contains projections and forward-looking statements, as that term is defined under applicable securities laws. Statements in this press release, which are not purely historical, are forward-looking statements. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including: negative results from the Company's field operations; the effects of government regulation on the Company's business; risks associated with the Company's ability to obtain and protect rights to its intellectual property; risks and uncertainties associated with the Company's ability to raise additional capital; loss of management; and other factors beyond the Company's control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should also refer to the risk factor disclosures and other disclosures outlined in the Company's periodic reports filed from time-to-time with the Securities and Exchange Commission on Edgar at www.sec.gov and with the British Columbia Securities Commission on SEDAR at www.sedar.com.

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