Pure H20 Now Qualifying Potential Distributors for Pacific Rim and Preparing to Tap into Anticipated 35 Billion Dollar Global Water Treatment Market Place
RENO, Nev.--(BUSINESS WIRE)--Pure H2O, Inc. (PINKSHEETS: PURH - News), a provider of novel, advanced water and wastewater treatment systems, is pleased to announce that they have now established a short list of potential distributors for the Pacific Rim region.
Mr. Panesar, Secretary of Pure H2O, noted that: "We have had numerous inquiries from America and foreign countries interested in representing us in the Pacific Rim. We have now short-listed these potential distributors based on their qualifications and experience and from that list we will select a distributor that we believe will be the best marketing and business fit for our Company."
Mr. Panesar went on to say, "The so-called Asian Tigers of the Pacific Rim represent a number of countries that are still rapidly modernizing and showing strong economic growth. The boom experienced in the nineties left a shortfall in infrastructure that is only now being addressed. Access to clean water is one of the largest infrastructure shortfalls in the entire region and it is one that we believe Pure H2O has a unique opportunity and ability to address."
Water pollution has been a steadily growing challenge to many rapidly industrializing regions of the Pacific Rim. The National Association for Business Economics, in a recent issue of its magazine Business Economics, reported that: "The global demand for water treatment products should rise at 6.6 percent per year and reach almost $35 billion by the end of that period. Gains in the developing world will reflect ongoing efforts to deliver safe drinking water to the more than one billion people who currently lack access. The most promising markets are those in the Pacific Rim and Latin America."
On an international level, water supply issues are viewed by many as the next global crisis; while the quantity of available fresh water is relatively fixed, the world population and demand for water is increasing. A World Bank report predicts worldwide expenditures to augment water reserves will exceed $600 billion over the next decade, as demand outstrips available supplies due principally to agricultural development.
Pure H2O wishes to report an error in its news release of June 8, 2007 wherein it erroneously reported Mr. Panesar as its President. Mr. Panesar is in fact the Secretary of Pure H2O. The Company apologizes for this error and any confusion it may have caused.
About PureH2O, Inc.:
Pure H2O, Inc. (PINKSHEETS: PURH - News) is a US corporation which provides end-to-end consultation, design, implementation, and sales of technical solutions for clients with problem water. Pure H2O provides a full-service program that includes comprehensive application development, integrated storage and dosing equipment, chemical inventory supply and management as well as ongoing field and technical operations support. The Companies objective is to provide every client with cost effective and value added full-service solutions to meet their water quality control needs.
For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.PureH2Oinc.net.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
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