SOURCE: Quest Water Global, Inc.
VANCOUVER, BC--(Marketwired - October 09, 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, and Pure Water Solutions Corp., today announced a joint venture to market and distribute the Company's AQUAtap™ systems in the Caribbean and Central America. Working in concert, the two companies will introduce Quest Water's innovative water purification system to countries throughout the region. As a result of this joint venture, one AQUAtap™ unit, to be used for demonstration, will be shipped to an agreed upon location.
"We are looking forward to introducing our water purification technologies to another part of the world where the demand for clean drinking water far outweighs supply, and where local communities can see and taste the immediate benefit," commented John Balanko, Quest Water Global CEO & President. "By partnering with Pure Water Solutions we intend to accelerate the marketing of our AQUAtap™ installations throughout the Caribbean and to Central American countries. Pure Water Solutions has an established network in the region and the capacity to take our technology to the local market."
Stephen Boti, CEO of Pure Water Solutions noted, "This is an exciting opportunity to partner with a tested water technology company that has the ability to deliver extremely powerful water purification systems. The Caribbean and Central America have the ideal conditions to take advantage of Quest Water's solar-powered AQUAtap system."
The Company and Pure Water Solutions will work together to execute the terms of the Joint Venture Distribution and Marketing agreement with Quest delivering the technology and Pure Water Solutions marketing the systems. The Joint Venture is committed to accelerating opportunities for both companies in the Caribbean and throughout Central America.
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.
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.