Purio Accepts West African Leaders' Invitation to Present Technology
November 18 2008 - 10:00AM
Marketwired
Purio Inc. (OTCBB: PURO) is pleased to report that it has accepted
an invitation to meet with high ranking government officials from a
region of West Africa to formally present its water/wastewater
technology.
"Discussions have been taking place between Purio and a
representative of the Minister of Presidential and Public Affairs
for several months while they have been searching the planet for
the most effective water and wastewater treatment technology," says
Joseph Swanson, VP of Purio. "Purio has communicated the features
and benefits, performance statistics, and the versatility of our
technology and, according to their feed-back, it appears that we
may have equipment that's unique in the world. We are pleased that
we've been invited to formally present our technology to the
assembly at this important event."
Participating in the meeting, scheduled for Saturday, November
22, will be The United Nations Development Program (UNDP), a number
of financial institutions including United Bank of Africa, and a
delegation of government dignitaries including The Minister of
Presidential and Public Affairs. A private meeting between Purio
Executives and the Minister is planned following the main event to
discuss possible strategies regarding Purio's involvement in the
country's development plans.
Daryl English, President of Purio, says, "Developing countries
are well aware that a most important factor influencing their
populations' ability to prosper is good health. Clean, safe water
is at the top of their list of priorities in that quest, and that's
where Purio comes in. Our technology is designed to be versatile so
that it can be deployed to either drinking water purification, or
wastewater treatment. That versatility, along with the energy
efficiency, offers a combination of benefits that are very
attractive. We look forward to this meeting as a first step toward
the development of productive and long-lasting relationships in
West Africa so that together, we may accomplish this all-important
task."
About Purio Inc.
Purio owns proprietary water clarification technology suitable
to a broad number of applications including the clarification of
surface water, industrial process water and sewage. Purio intends
to apply its technology initially to industrial and commercial
applications to reclaim water and reduce the need for fresh water
in such applications. Purio further intends to use its proprietary
technology to produce potable water for commercial and residential
use. Purio will commercialize its technology via a number of
channels, namely licensing strategic partners to build and sell
&/or operate units outside of North America, outright sale of
their second generation (patent pending) units to end users and
will build, own and operate on a fee for service basis their larger
permanent installation units in North America. Website:
www.puriowatertech.com
Forward-Looking Statements
This press release "contains forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended, and Section21E of the United States Securities
Exchange Act of 1934, as amended. Statements in this press release
which are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Since the forward-looking
statements relate to future developments, results or events, these
statements are highly speculative and involve risks, uncertainties
and assumptions that are difficult to assess. You should not
construe any of these statements as a definitive or invariable
expression of what will actually occur or result. Such
forward-looking statements in this press release include, among
others, that the company will meet with government officials of a
West African nation and/or the UNDP or that the company will
develop any ongoing relationships with such nation for the
introduction and application of the company's water treatment
technology.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, (i) the Company's ability to obtain and
maintain adequate working capital requirements to operate Purio's
business; (ii) the Company's ability to obtain necessary permits
and approvals to operate Purio's business; (iii) the Company's
ability to market and sell clarified water; and (iv) the Company's
ability to negotiate and consummate license agreements for its
water purification equipment. These forward-looking statements are
made as of the date of this press release and the Company assumes
no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those
projected in the forward-looking statements. Although the Company
believes that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no
assurance those beliefs, plans, expectations, or intentions will
prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk
factors disclosed in the Company's periodic reports filed from time
to time with the Securities and Exchange Commission and available
at www.sec.gov.
Contact: Shawn Van Damme Investor Relations 1-877-512-1120
e-mail: svd@puriowatertech.com