SOURCE: Quest Water Global, Inc.

Quest Water Global, Inc. Logo

October 24, 2013 08:10 ET

Quest Water Global to Partner With Nurcil Trading - Comercio e Industria: Angolan Company to Own 20 Percent in Aquatap Industrial Lda

LUANDA, AO--(Marketwired - October 24, 2013) - Quest Water Global, Inc. (OTCBB: 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, announces that while Management is currently in Angola, it has signed a Memorandum of Understanding ("MOU") with Nurcil Trading - Comércio e Indústria, Lda. ("NTCI") to be its Angolan partner. NTCI is an Angolan company with capabilities in logistics support, negotiations, distribution, sales, and marketing. NTCI will receive a 20 percent stake in Quest Water's Angolan subsidiary, Aquatap Industrial Lda.

"Securing a strong Angolan partner is a critical milestone leading up to the construction and opening of the AQUAtap™ assembly facility in Angola, and sales of AQUAtap™ systems through Angola's 'Water For All' program," said John Balanko, Quest Water Global CEO & President. "NTCI will immediately start marketing, selling, and distributing Quest Water's AQUAtap™ products throughout Angola."

Afzal Nordinali Mamade, General Manager of Nurcil Trading - Comércio e Indústria, Lda commented, "Quest Water has demonstrated its long term commitment to the Angolan people over the past several years developing a clean drinking water strategy with Angolan Government officials, including the successful installation of the first AQUAtap™ system in Bom Jesus. We look forward to creating local jobs, building capacity, and introducing the stand-alone solar-powered AQUAtap™ to remote locations throughout Angola and the entire SADC. Under our partnership, NTCI commits to selling a minimum of 150 AQUAtap™ systems over the next 5 years."

Until such time the Company's fabrication and assembly facility in Angola is completed, all initial AQUAtap™ sales that are generated from NTCI, will be manufactured in Mexico.

About Quest Water Global Inc.

Quest Water Global Inc., and its 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. For more information on Quest Water visit our website at www.QuestWaterSolutions.com.

About Aquatap Industrial Lda.

Aquatap Industrial Lda. is Quest Water Global's majority owned Angolan subsidiary for the purpose of manufacturing and marketing AQUAtap™ systems throughout Angola. The subsidiary will consist of three divisions; importation, fabrication & assembly, and sales & marketing. As mandated by the foreign ownership regulations established by ANIP (the Angolan National Private Investment Agency), all foreign owned companies in Angola are required to include an Angolan partner(s). 

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.

Contact Information