Essential Innovations Technology -- Corporate Update From the CEO
January 29 2014 - 9:00AM
Marketwired
Essential Innovations Technology -- Corporate Update From the CEO
HONG KONG, CHINA--(Marketwired - Jan 29, 2014) - Essential
Innovations Technology Corp. (OTCBB: ESIV) is truly pleased to
provide this corporate update pertaining to the efforts of the
organization to endeavor to successfully expand its business
operations in 2014.
Jason McDiarmid, President/CEO, stated, "The Company is taking
considerable strides towards achieving its corporate objectives and
initiatives for 2014. As previously announced in 2013, we secured
exclusive distribution rights from a globally recognized HVAC
equipment manufacturer specializing in geothermal and water source
heat pump production, to its entire product line for certain
countries in the Asian and Mid-East markets. The end of fiscal
2013 saw the Company secure equity financing that now allows 2014
to begin with the facilitation by the Company of necessary
preparatory efforts that can effectively support the undertaking of
aggressive sales and project consulting initiatives throughout Asia
and the Middle East during the year ahead, for our exclusively
represented equipment line and our other proprietary green
technology and water treatment solutions.
Recent Independent studies have stated that global demand for
HVAC equipment is projected to rise to $107 billion by 2016, with
the greatest incidence of energy efficient HVAC equipment expansion
to be seen in Asia-Pacific, which will account for 55 percent of
the world market by 2020, and with heat pumps remaining the fastest
growing type of technology in the sector. As a Company, we are
focused on this vast opportunity that exists for the sale and
deployment of heat pump technology in these particular target
market areas.
During 2014 we plan to exhibit and conduct training seminars at
some of the largest renewable energy and environmental technology
conferences in the Asia-Pacific and Mid-East regions in an effort
to promote our heat pump equipment and Water treatment solutions
and to enhance and expedite our efforts at market
penetration. In such regards, we have been formally invited
and scheduled to conduct a comprehensive seminar on geothermal heat
pump technology at the largest annual green development and HVAC
conference in India during Q1 Calendar 2014.
As this year starts anew, we remain ever confident in the
strategic decisions we have made to focus the vast majority of our
business directives towards Asia and the Middle East over the
coming years. It is in these parts of the World that we
believe our greatest opportunity for sustained and systematic
long-term growth and prosperity will exist for our business
enterprise and our shareholder base."
About the Company
Essential Innovations is driven to provide cutting-edge
environmental solutions for the betterment of energy, water and
air. The Company is recognized around the World as a leader in the
utilization of comprehensive, customized, renewable energy and
environmental solutions with particular emphasis towards the
application of water source and/or geothermal heat pump technology,
and unique water treatment solutions. The Company has the resources
and direct relationships in place globally to take projects of
solar, wind, geothermal, waste and bio-fuel sources, water
treatment/purification or desalination of most any size and scope
from vision to reality.
Forward-Looking Statements
This news release contains "forward-looking statements," as
defined within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements, which are not purely historical,
regarding beliefs, plans, expectations or intentions (such as those
relating to future business, future results of operations or
financial condition, new or planned features or services, or
management strategies). You can identify these forward-looking
statements by words such as "may," "will," "would,"
"should," "could," "expect," "anticipate," "believe,"
"estimate," "intend," "plan" and/or any other such similar
expressions. The Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual
results could differ from those presented. Investors should consult
all of the information set forth herein and should also refer to
the risk factors disclosure outlined in our periodic reports filed
from time to time with the Securities and Exchange Commission.
For more information contact: Essential Innovations Technology
Corp. Tel: 852-2910-7828 http://www.eximiusenvironmental.com/
Essential Innovations Te... (CE) (USOTC:ESIV)
Historical Stock Chart
From Apr 2024 to May 2024
Essential Innovations Te... (CE) (USOTC:ESIV)
Historical Stock Chart
From May 2023 to May 2024