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AirWater International Corporation: Air Water International Corporation Together With Air Water France Launch Air to Water Mach

^{Published on 2008-11-26 14:05:08 - Market Wire}
 

MIAMI BEACH, FL and ACCRA, GHANA--(Marketwire - November 26, 2008) - Air Water International Corporation's (PINKSHEETS: [ AWTI ]) subsidiary Air Water Corporation, in association with Air Water France and in the presence of a host of official government and other dignitaries, including several key government ministries; the company in conjunction with its distributor Air Water France last week made a major presentation in the capital Accra, and responded to questions fielded by the ministers, and the press which included the media, TV, radio etc.

The following article appeared in the Ghana News:

France-based Air Water International Group yesterday launched a machine that can extract humidity in the air and transform it into water for domestic and industrial consumption. The product, which is the first to be launched in Africa, can harvest more than 50 litres of drinking water for domestic use and 5,000 litres for farming and other commercial use.

Mr William Ofori Boafo, Deputy Minister for Defence, who launched the product in Accra, said conventional solutions to procure additional fresh water dams and desalination plants should be complemented, to meet the ever-increasing demand for potable water.

He said lack of fresh water is one of the most critical challenges facing mankind stressing; 'Worldwide, more than 1.1. billion people lack access to safe drinking water.' Mr Boafo said the UN has declared water as a global crisis since 55 nations are not likely to meet their water related Millennium Development Goal target.

The UN estimates that within 20 years three billion people in 50 countries or 30 per cent of the world population will face severe water shortage. The world body declared Africa as the most vulnerable continent to global warming and this can result in water scarcity for up to 250 million Africans within 15 years. Mr Boafo noted that constant supply of potable water will translate to vast improvements in human health and life expectancy, drastic reduction in health costs, freedom from the perpetual daily task of people carrying water and a potential for previously unattainable economic development.

Mr Frank Agyekum, Deputy Minister for Information and National Orientation, who chaired the function observed that water, which is a major resource in life is being threatened by climatic change and also becoming a source of conflicts. He therefore expressed joy that the machine is contributing to the innovative means to ensure sustainable water supply.

Mr Agyekum called on Air Water International, to make the product accessible, cost effective and provide back-up maintenance support for the local market

The company will report further in due course.

About AirWater Corporation

AirWater Corporation designs and manufactures a wide range of air to water machines and systems that can offer consumers from 25 liters to over 5,000 liters of pure filtered drinking water daily. The company manufactures the machines in several global manufacturing locations, and markets and distributes the entire range of its machines and systems on a worldwide basis. For further information visit our web address: [ http://www.airwatercorp.com ]

Safe Harbor Statement

Caution Concerning Forward-Looking Statements by AirWater International Corporation. This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of AirWater International Corporation More detailed information about these factors may be found in filings by AirWater International Corporation with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. AirWater International Corporation is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.