Water Ways Completes an Automated Irrigation Project Order in China
April 11 2023 - 5:01PM
Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT)
("
Water Ways" or the
"
Company"), a global provider of Israeli-based
agriculture technology, providing water irrigation solutions to
agricultural producers, is pleased to announce the successful
completion and handover of an irrigation and automation project in
Western Sichuan, China.
The project, which involved designing and
installing a comprehensive irrigation and automation system,
had a total value of CAD 100,000 and was delivered to a leading
greenhouse company in the region. It included advanced technologies
that enable farmers to remotely manage all aspects of greenhouse
operations, such as irrigation, heating, and ventilation over
cellular communication.
"We are thrilled to have completed this
irrigation and automation project for a leading greenhouse company
in, China," said Ohad Haber, the Company's Chairman and
CEO. "This project demonstrates our ability to deliver
high-quality solutions that meet the unique needs of our customers.
We look forward to expanding our business and providing
state-of-the-art technology to agricultural producers in China and
worldwide."
About Water Ways
TechnologiesWater Ways Technologies Inc., through its
subsidiaries, is a global provider of Israeli-based agriculture
technology, providing water irrigation solutions to agricultural
producers. Water Ways Technologies competes in the global
irrigation water systems market with a focus on developing
solutions with commercial applications in the micro and precision
irrigation segments of the overall market. At present, Water Ways
Technologies' main revenue streams are derived from the following
business units: (i) Projects Business Unit; and (ii) Component and
Equipment Sales Unit. Water Ways Technologies is capitalizing on
the opportunities presented by micro and smart irrigation, while
also making a positive mark on society by making these technologies
more widely available, especially in developing markets such as
Africa and Latin America and developed markets such as China and
Canada. Water Ways Technologies irrigation projects include
vineyards, Cotton fields, Apple and Orange orchards, Blueberry,
Medical Cannabis growers, fresh produce cooling rooms and more, in
over fifteen countries.
For more information, please contact
Ronnie
Jaegermann |
Dor Sneh |
Dr. Eva
Reuter |
Director |
CFO |
Investor Relations - Germany |
T: +972-54-4202054 |
T: +972-54-6512500 |
+49 69 1532 5857 |
E: ronnie@waterwt.com |
E: dor@irri-altal.com |
E: e.reuter@dr-reuter.eu |
https://www.water-ways-technologies.com/https://www.hg-wwt.com/Twitter:
@WaterWaysTechn1
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking
StatementsCertain statements contained in this press
release constitute "forward-looking information" as such term is
defined in applicable Canadian securities legislation. The words
"may", "would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions as they relate to Water Ways. All statements
other than statements of historical fact may be forward-looking
information. Such statements reflect Water Ways' current views and
intentions with respect to future events, and current information
available to Water Ways, and are subject to certain risks,
uncertainties and assumptions. Material factors or assumptions were
applied in providing forward-looking information. Many factors
could cause the actual results, performance or achievements that
may be expressed or implied by such forward-looking information to
vary from those described herein should one or more of these risks
or uncertainties materialize. Should any factor affect Water Ways
in an unexpected manner, or should assumptions underlying the
forward-looking information prove incorrect, the actual results or
events may differ materially from the results or events predicted.
Any such forward-looking information is expressly qualified in its
entirety by this cautionary statement. Moreover, Water Ways does
not assume responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and Water Ways undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law. Water Ways' results and forward-looking
information and calculations may be affected by fluctuations in
exchange rates and its own share prices. All figures are in
Canadian dollars unless otherwise indicated.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ab93a7cf-bb83-469d-978b-fb6b9b267a5e
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