Navigation Links
WaterPure International, Inc. and Everest Water Ltd. Revise Payment Terms of Patent License to Produce Water From Air
Date:8/26/2008

FT. LAUDERDALE, Fla., Aug. 26 /PRNewswire-FirstCall/ -- WaterPure International, Inc. (the "Company" or "WaterPure") (OTC Bulletin Board: WPUR) announced today that it has executed an amended Atmospheric Water Generator (AWG) patent license agreement with Everest Water, Ltd. revising the payment terms of the original license. Under the previous agreement, WaterPure was required to make all license fee payments in the current year. The revised terms now call for gradually escalating quarterly payments spread over several years easing the impact on the Company's cash flow. "With the Everest patent license revisions completed, we are now moving to the next level of our business plan which is to manufacture our own branded proprietary AWG product," said Paul S. Lipschutz, the Company's President. "Our engineers have added certain functional modifications to the product and we are now finalizing the assembly of our first pre-production models in preparation for full scale manufacturing immediately following testing. We plan to manufacture in several locations to ensure a steady flow of product availability, however it is our ultimate goal to keep our business here at home and have our AWGs Made In America," said Lipschutz.

About Atmospheric Water Generators (AWGs)

AWGs extract moisture from the atmosphere through a condensation process and transform it creating absolutely pure, healthy drinking water. Multiple air and water filtration systems remove particulate matter smaller than .01 microns. Utilizing high intensity UV (ultra violet), it eliminates any microorganisms including bacteria and viruses. Test results of WaterPure water measured 99.9% purity, far exceeding EPA requirements. Operating on standard 110v power in the USA, it is extremely efficient and uses a minimal amount of energy to produce water. The unit requires no plumbing, water lines, or pipes and is easily installed. Driven by a microcomputer control system, it will stop generating water when full. The WaterPure purification system employs special filters to remove any unpleasant tastes or odor that may be present in the air.

About WaterPure International

WaterPure International, Inc. markets water production and treatment products in the USA and abroad. The Company's principal line of products includes several models of Atmospheric Water Generators, devices that produce water from the moisture present in the air. http://www.waterpureinternational.com/

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the WaterPure International, Inc. filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

WaterPure International, Inc.

Media Relations:

Emerson Gerard Associates

Jerry Jennings, 561-881-7318

mediareply@emersongerard.com

http://www.emersongerard.com


'/>"/>
SOURCE WaterPure International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. MINRAD International, Inc. to Discuss 2008 Second Quarter Financial Results on Thursday, August 14, 2008
2. Chindex International, Inc. Announces CDC Contract Signing
3. Chindex International, Inc. Announces Receipt of Key Regulatory ApprovalsChina SFDA Certificates Received Include Intuitive Surgical daVinci S
4. DATATRAK International, Inc. Receives Notice From Nasdaq
5. China Yingxia International, Inc. Appoints Chief Financial Officer
6. MINRAD International, Inc. Announces FDA Approval of Petrem(TM) Sevoflurane
7. Jury Rules in Favor of Glycoproducts International, Inc.
8. Lockheed Martin Completes Acquisition of Eagle Group International, LLC
9. Chindex International, CEO, Roberta Lipson Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Finalist in Greater Washington
10. China Yingxia International, Inc. Reports First Quarter 2008 Results
11. Natural Alternatives International, Inc. Announces Third Quarter Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ... (SOP) alumni Hannah Randall, PharmD ‘17, and Jennifer Huggins, PharmD ’17, along ... updates for the primary prevention of cardiovascular diseases during the 15th Annual ...
(Date:10/13/2017)... ... ... The Visiting Nurse Association (VNA) of Somerset Hills is proud to host ... items from across the nation, this holiday-themed event will raise funds and awareness for ... The boutique will be open Saturday, November 4 (10:00 a.m. – 5:00 p.m.) ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... ... will be giving viewers the lowdown on sciatica in a new episode of ... that focuses on current events and innovation and investigates each subject in-depth with ...
(Date:10/12/2017)... ... October 12, 2017 , ... First Healthcare Compliance (FHC), an ... showcase a range of technology and learning solutions at the 68th Annual American ... to be held October 14–18, 2017 at the Mandalay Bay Resort in Las ...
(Date:10/12/2017)... ... October 12, 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ... introduction of an innovative new design of the shoulder pad. The shoulder pad ... comfort while controlling your pain while using cold therapy. By utilizing ice and water ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... WASHINGTON , Sept. 28, 2017 Cohen ... to advance the use of wearable and home sensors ... brain disorders. Early Signal Foundation, a nonprofit organization focused ... populations, will provide an affordable analytical system to record ... ...
(Date:9/27/2017)... NEW YORK , Sept. 27, 2017  DarioHealth Corp. (NASDAQ: DRIO), ... solutions, today announced that its MyDario product is expected to appear on ... for when The Dr. Oz Show airs in your area: http://www.doctoroz.com/page/where-watch-dr-oz-show ... The nine-time Emmy award-winning, The Dr. ... ...
(Date:9/25/2017)... , Sept. 25, 2017  EpiVax, Inc., ... vaccine design, and immune-engineering today announced the launch ... the development of personalized therapeutic cancer vaccines. EpiVax ... provided exclusive access to enabling technologies to the ... MBA will lead EpiVax Oncology as Chief Executive ...
Breaking Medicine Technology: