PORT ST. LUCIE, FL--(Marketwired - Apr 18, 2013) - Water Technologies International, Inc. (OTC Pink: WTII) announced today that after attending the Inter-American Development Banking Conference in Panama City, Panama, the Company intends to pursue distribution and sales opportunities of its Atmospheric Water Generators in Panama. This conference was attended by the top investment banking firms from all over the world.
Panama is one of the fastest growing countries in Central America with a GDP averaging over 9% per year for the last six years, according to the Economist online in November 2012. Panama has a lack of clean water that could hold back industrial and real estate development projects. Atmospheric Water Generators and filtration products are being looked at as a leading solution by Governments and industries that need clean water to grow. There is a global initiative to build more affordable housing and one significant challenge to this goal is the availability of clean drinking water.
Water Technologies Inc.'s CEO, William Scott Tudor, said, "The conference was a success for the Company. We had the chance to meet with international investment bankers and private investment firms and present Water Technologies' product line and vision for growth in countries like Panama. Emerging growth countries worldwide have exciting opportunities that require adequate water supplies to move real estate and industrial projects forward. The use of AWGs to fulfill the need for clean drinking water is now taking hold for use in the real estate development industry."
For a direct link to the company's product information "Slick Sheets" visit our website at: www.gr8water.net/products/product-slick-sheets .
About the Company
Water Technologies International, Inc. and its wholly owned subsidiaries, GR8 Water, Inc. (Great Water) and Aqua Pure International, Inc. (Specializing in Filtration Systems) are engaged in the manufacture and distribution of technologically advanced Atmospheric Water Generators (AWG). These unique devices utilize a patent pending air purification input system to produce clean, great-tasting, safe water from the humidity in the air. GR8 Water makes freestanding water factory units for the home or office and large, industrial-sized water units using a modular design that can produce up to thousands of gallons of water each day from ambient air. GR8 Water strives to make safe drinking water available to everyone on the planet, making the world a better place in which to live while nurturing the environment. The Company has patents pending and has filed for additional patents with the USTPO. It has also filed globally through the Patent Cooperation Treaty. Its "Water village" trademark has been issued by the USPTO.
A video showing the proof of concept prototype is available at the company's website, www.gr8water.net
Statement as to Forward-Looking Statements.
Forward-Looking Statements certain statements in this release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors. We assume no obligation to update the information contained in this news release.