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Microcap & Penny Stocks : WTAF Wataire making waves in Belize with water generators

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To: Diamond Daze who wrote (153)3/5/2007 4:54:12 PM
From: Diamond Daze  Read Replies (1) of 180
 
WATAIRE IND INC (U-WTAF) - News Release
Wataire Industries Announces Name, CUSIP and Trading Symbol Changes

2007-03-05 09:00 ET - News Release

VANCOUVER, British Columbia -- (Business Wire)

Wataire Industries Inc., (Pink Sheets:WTAF), is pleased to announce that the Board of Directors has approved the decision to proceed with changing its corporate name and acquire a new CUSIP number and trading symbol. The new name will reflect the corporate strategy to concentrate on research and development programs that can result in the design and manufacturing of commercially viable “new” technology products. Once the new CUSIP number and Trading Symbol have been issued, shareholders will be required to surrender their current share certificates in order to receive the shares issued under the new CUSIP number. Shares not surrendered within a specified time frame, could be subject to cancellation.

The Company, now defining itself as a technology driven enterprise, will move forward with a strategy to focus strictly on development and acquisition of technologies which are complimentary to the water generation devices already produced by Wataire Industries. These will include new applications for the exclusively licensed turbine technology plus promising windmill and solar energy technologies.

Given the sales opportunities for both the Home/Office and larger commercial water treatment systems and the new Counter Top model, President Max Weissengruber, stated that, “We believe that the products now being installed around the globe will benefit significantly from marketing and promotional support from Wataire International Inc., (OTCBB:WTAR) our World Wide marketing and sales partner. 2007 should generate significant sales opportunities and much greater public awareness of the company and its technologies.”

Wataire Industries is constantly striving to improve the performance and reliability of our products by working closely with our suppliers, distributors and listening to our customers around the world.
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