Water Technologies, Inc. Announces First Orders for the Company's Custom Air Cooling Products for Licensed & Approved Medical...
January 09 2014 - 9:00AM
Marketwired
Water Technologies, Inc. Announces First Orders for the Company's
Custom Air Cooling Products for Licensed and Approved Medical
Marijuana Grow Operations in Arizona
GR8 Water Enters the Medical Marijuana Equipment Market and
Ships a Custom Commercial Cooling Unit
PORT ST. LUCIE, FL--(Marketwired - Jan 9, 2014) - Water
Technologies International, Inc. (OTC Pink: WTII), the leader in
the technology in atmospheric water production and design, today
announced it has received and shipped its first order of
specialized units to Zoned Properties, Inc., a public company (OTC
Pink: ZDPY) and licensed Medical Marijuana business operator in
Arizona. The recent expansion and acceptance of the Medical
Marijuana industry now within 20 States, has created high demand
for customized cooling and humidity control units specifically
designed to meet the needs of large scale grow operations and green
houses. The custom units will be able to generate water as well as
clean, dehumidify, cool and heat the air in the grow areas. The
units are of high quality and have backup systems to protect the
valuable inventory. The Company expects to add several new products
such as custom chillers, humidification, dehumidification,
irrigation for the greenhouse agricultural industry. The Company
has shipped the first 10 ton custom commercial cooling units to
Arizona.
Water Technologies seeks to capitalize on the rapidly increasing
demand for safe, organic produce and alternative medicine. The
Company is committed to establishing itself as a leader in both
indoor and outdoor grow technology by providing customized and
innovative cooling solutions for large scale, licensed grow
operations, greenhouses and medical marijuana dispensaries in
Arizona and other state where cannabis is now legal.
The state of Arizona sold roughly $40 million worth of cannabis
and infused products during the past 12 months, according to
Marijuana Business Daily's analysis of data provided by the state.
That amounts to about $520,000 in sales per dispensary. This
represents the first solid look at sales in Arizona's medical
marijuana market. The state's cannabis industry appears to be
running on all cylinders and now ranks as one of the top five MMJ
markets in the country based on annual revenues. WTII will continue
to develop its proprietary cooling and grow technologies while
expanding its global reach through a series of organic growth
opportunities and marketing objectives
The company is committed to further establishing itself as a
leader in the sale of customized indoor cooling and humidity
control units for large scale, licensed grow operations in legal
jurisdictions including mini-greenhouses.
The Medical Marijuana industry has grown to over 20 states and
is now legal for recreational use in Colorado and will be in
Washington state and possible several other states. The state
expects to tax the sales of marijuana and generate significant
revenues. The industry is waiting on federal reforms on banking and
the sale of infused products. The medical and recreational use of
marijuana is certain to increase the demand for the all of the
products associated with cannabis. The real estate in specially
zoned areas and all the ancillary business related to the
production and sale of cannabis will flourish for years to
come.
Water Technologies, Inc.'s CEO, William Scott Tudor, said, "We
continue to custom design new products and make our existing
products more efficient. The new industry of medical and
recreational marijuana is a fast growing industry that will have
many beneficiaries. We believe that our proprietary Atmospheric
Water Generators, along with custom chillers and units that control
humidity and control air flow provide a quality solution for indoor
and outdoor agriculture. The growing demand for clean water creates
significant revenue opportunities for our Company and in time will
create real value for our shareholders".
Zoned Properties, Inc.'s CEO, Marc Brannigan added, "As Zoned
Properties, Inc begins to close on properties that will be used for
growing medical marijuana, we want to make sure our tenants have
the best equipment both in terms of performance but also
reliability. We think Water Technologies' units represent a unique
and reliable system and as such we have decided to purchase and
install the units for our planned sites"
A video showing the proof of concept prototype is available at
the company's website, www.gr8water.net
For a direct link to the company's product information "Slick
Sheets" visit our website at:
www.gr8water.net/products/product-slick-sheets
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 pending and has filed for additional
patents with the USTPO. It has also filed globally through the
Patent Cooperation Treaty. Its "Water village" trademark has been
issued by the USPTO.
For additional information on the Company visit our website at
www.gr8water.net.
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.
Contacts: Investor Relations for Water Technologies Intl., Inc.
Gerald Kieft WSR Communications 772-219-7525
IR@WSRcommunications.com
http://wsrcommunications.ir.stockpr.com/gr8water/overview Strategic
Advisors Contacts: First Level Capital, LLC. Michael Friedman
Phone: (561) 296-6393
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