WaterBank of America (USA) Inc.
OTC Bulletin Board : WBKA

November 21, 2006 08:35 ET

WaterBank of America USA Inc. Announces Its Partnership With Signature Jets

MIAMI, FL--(CCNMatthews - November 21, 2006) - WaterBank of America (USA) Inc. (OTCBB: WBKA), a vertically integrated water company developing and marketing secured water products, has entered into a 5-year agreement with Signature Jets & Signature Private Yachts to supply its ICEROCKS® brand of hermetically sealed spring water ice cubes for consumption on all Signature Jets private chartered flights and yacht charters. The two companies pride themselves on providing their clients with the highest quality products and services.

"As a global leader in private jet charters, which emphasizes safety and quality, Signature Jets is proud to form this exclusive partnership with WaterBank of America (USA) Inc.," according to Mr. Kevin Parrott, President/CEO of Signature Jets. (www.signatureprivatejets.com)

WaterBank's Vice-President of Creative / Public Relations and Co-Founder, Robert P. Pelletier who negotiated the agreement offers, said, "We are thrilled that a company with such high standards of quality and service has chosen ICEROCKS® for on-board service. I am confident that use of ICEROCKS® among Signature Jets' customers will contribute to make their travel experience more enjoyable."

Signature Jets will provide its clients with the security and convenience of chilling their beverages on board with WaterBank's patented ICEROCKS® brand of individually secured spring water ice cubes.

"ICEROCKS® is a natural fit for our global jet-setting clients," comments Mr. Parrott, "The airworthiness of our aircraft and food safety is of paramount concern for all Signature Jets chartered flights. Our clientele deserve the assurance when they travel aboard one of our jets that their onboard health and safety will not be compromised."

Water Bank of America (USA) Inc. is introducing ICEROCKS® to the North American market, in part to respond to the threat that contaminated ice poses to consumers' health and safety.

Signature Jets meticulously selects private aircraft to meet and exceed federal standards. Signature Jets has exclusive access to over 5500 corporate and privately owned aircraft globally, representing all jet classes from light jets to V.I.P. widebody jumbo jets. Signature Jets' professional approach to private jet charters allows it to seamlessly handle its clients' requirements from inquiry to takeoff. Please visit: www.signatureprivatejets.com

Telephone: USA : 1-888-326-5041 Global : 1-305-921-9727

About WaterBank of America (USA) Inc.:

WaterBank of America (USA) Inc. specializes in the manufacture and distribution of its branded ICE ROCKS® ice cubes in innovative, secure and convenient packaging, and the accumulation of fresh water assets through investment in spring sources in Canada and the United States.

The Company's ICEROCKS® brand has received substantial media coverage in print and broadcast and has been featured in The Wall Street Journal, Time Magazine, New York Daily News, The Washington Post, Business 2.0, Star Inc, Gourmet News, La Presse, as well as on TV with CNBC, MSNBC, NBC, CBS and FOX News.

For more information, please visit: www.icerocks.com

For full disclosure, please refer to our SEC filings at www.sec.gov

Forward-Looking Statements Disclaimer:

Certain statements contained in this release, including products, as well as statements containing words like "believes," "estimate," "expects," "anticipates," "target," "plans," "will," "could" and other similar expressions, are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: capital market risks, our ability to raise additional capital when needed; market acceptance of our products; our financial and technical resources relative to those of our competitors; government regulation of our products; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional spring sources; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; potential product liability claims, risks related to our business and the market for its equity and other risk factors identified from time to time in the company's SEC reports and other filings, including the Company's Form 8-K filed with the SEC on October 25, 2006. Except as expressly required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

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