water technologies internati (WTII) Key Developments
Water Technologies International, Inc. Approves Distribution Agreement with China
Jul 11 14
Water Technologies International, Inc. announced that it has completed the approval process to distribute its product line of atmospheric water Generators throughout China, under an agreement with several companies. Earlier this year, Water Technologies sold two large commercial Atmospheric Water Generators and several groups in China have been testing the units for the past several months at locations in different regions in China. The AWGs have passed the testing phase and due diligence phase and are being introduced to distribution channels in China. The units fall under the patents issued in China back in 2013. The company has also has been approved for commercial financing and has signed an agreement with Karma Leasing Ltd. of Beijing &Tianjin, to provide financing for the company's products throughout the country. The financing now available will give purchasers the option of traditional financing and leasing. Karma Leasing Ltd. provides financing option in several industries throughout the country.
Water Technologies International, Inc. to Expand the Product Line to Include Specialized and Licensed Medical Marijuana Business Operators in the United States
May 28 14
Water Technologies International, Inc. announced it has decided to expand the product line to include specialized and licensed medical marijuana business operators in the United States through its subsidiary GR8 Water, Inc. GR8 Water's custom units will be able to not only generate water, but will clean, dehumidify, cool and heat the air in the cultivation areas. GR8 Water is in the final stages of development involving several innovative agricultural products and expects to announce soon their availability to the industry.
Water Technologies International Signs Distribution Agreement with Clean Water Pacific
Apr 1 14
Water Technologies International, Inc. announced that it has signed a distribution agreement with Clean Water Pacific, Inc. The water resources of the South Pacific are affected by both severe water quantity shortages and logistics of adequate water supply. In the South Asian and Pacific Islands, the basic service infrastructure struggles to meet the needs of the influx of people that have come in search of economic opportunities and better access to public services. Resource experts say many of these countries face a potential water crisis as a result. Water authorities in these countries struggle to meet the water demands of the rapidly expanding population, due to pipe restrictions and the limited and aged pipe networks. The current water shortages in many places are in fact the result of mandatory rationing. However, those without piped water have no supply to accordingly manage.
Water Technologies International, Inc. Announces First International Deal with China for Company's Atmospheric Water Generator Technology
Mar 26 14
Water Technologies International, Inc. announced that it has delivered to China under a confidential agreement two commercial Atmospheric Water Generators. The CEO William S. Tudor personally flew to China and supervised the installation of the AWGs. The Units fall under the patents issued in China.
Water Technologies International, Inc. Develops New Commercial Product; Receives Orders from Distributors
Mar 12 14
Water Technologies International, Inc. announced that the testing on a new Atmospheric Water Generator is complete and units are being sold. The new product falls under the patents issued and patents pending for Water Technologies. The new product is a compact self-contained unit that measurers 38" L x 24" W x 19" H and generates 8 to 10 gallons per day. The unit sits outdoors and the generated cold water is pumped indoors. This makes the AWG more efficient being outside where the humidity is greater and the new AWG conforms to larger commercial AWG's technology.
The company also reported that the company's current distributors have purchased the new units on first site and they have been shipped to the South Pacific. In addition, the company has had several inquiries for new distributors in several regions that are not currently covered. The regions are all in need of clean water not only for and agricultural and sanitation uses.