Water Technologies International, Inc. Looks to Expand its “DI Water” or Deionized Water Business Through Acquisitions in Florida and on a Regional Basis
The Commercial Applications for DI Water Include Medical, Dialysis Treatments, High-Tech Manufacturing, Food Processing, Pharmaceuticals, and a Host of other Industries.
PORT ST. LUCIE, Fla., Oct. 02, 2018 (GLOBE NEWSWIRE) -- Water Technologies International, Inc. (OTC Markets Pink Sheets: WTII) the leader in the technology in atmospheric water generator’s production and design announced today that after acquiring WaterZone, as a wholly owned subsidiary, is now providing commercial water treatment to a variety of commercial companies throughout Florida. WaterZone has a Commercial DI Water Plant that regenerates “DI Water Tanks” that the Company sells and distributes throughout Florida. Deionization ("DI Water" or "Demineralization") simply means the removal of ions. Ions are electrically charged atoms or molecules found in water that have either a net negative or positive charge. DI Water removes iron, calcium, sodium and other dissolved solids leaving the water ultra-clean.
One aspect of WaterZone is a “DI Water” tank regeneration plant. The tanks produce the DI water and are used by hospitals, high-tech manufacturers, pharmaceutical companies, labs, Dialysis, food processing and other industries requiring ultra-pure water. The tanks are sold to businesses throughout Florida. Water Technologies is currently pursuing acquisition, partnerships and joint ventures in the DI Water space in Florida and on a regional basis. The Company has become a leader in the “DI Water” business in Florida and recognizes the growth opportunity in this sector of the water industry.
Water Technologies International, Inc. has evolved as a “Pure Water Play” generating water, supplying DI water regenerating tanks, cleaning water for drinking, water for agriculture and a full line or waste water treatment solutions. With the completion of the acquisition, the Company is providing commercial and industrial wastewater solutions. The Company will continue to update shareholders on the Company’s developments as it strives to improve its existing technology and drive sales in Florida and on a Global basis.
Water Technologies, Inc.’s CEO, William Scott Tudor, said, “I see DI Water as a fast-growing sector of the water industry. The digesting of the WaterZone acquisition is pretty much complete. Our client base continues to grow, and our reputation is very good throughout Florida. Water Technologies’ product line is a good fit and we continue to see requests for proposals rise for the combined Companies. We should see substantial revenue growth over the next few years. The combined product lines will give us the ability to provide water treatment and water regeneration solutions to our growing Client base. WaterZone has stabilized Water Technologies in Florida, which is one of the fastest growing markets in the US. This solidifies our ability to license, market, and distribute our product line here and abroad in the future!”
A video showing the proof of concept prototype is available at the company’s website, & all products link
For a direct link to a copy of the company’s Atmospheric Water Generator product information “Slick Sheets” visit our website at: .
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 issued by the USPTO and has filed for additional patents with the USPTO. It has also filed globally through the Patent Cooperation Treaty. Its “Water village” trademark has been issued by the USPTO.
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.
For Further Information Contact:
Investor Relations for Water Technologies Intl., Inc.
William S Tudor, CEO
Phone (561) 841-6024