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Microcap & Penny Stocks : WTAF Wataire making waves in Belize with water generators -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (151)	2/26/2007 9:48:15 AM
From: Diamond Daze	Read Replies (1) \| Respond to of 180

WATAIRE IND INC (U-WTAF) - News Release Wataire Industries Research and Development Update 2007-02-26 09:00 ET - News Release TORONTO -- (Business Wire) Wataire Industries Inc. (Pink Sheets:WTAF) is pleased to announce the following updates for the Counter Top Water Generator developed by the company. President, Max Weissengruber stated that “The Research and Development department is in the final testing stages for the new countertop water generating appliance. Recent independent water quality testing has reported results with very low bacteria counts that are 93.6% less than limits set by the World Health Organization, a key advantage our technology has over our competitors.” Max Weissengruber also stated ”These results are very encouraging and further validation of our patent pending. Also, with dimensions for the Countertop Unit reduced to only 17”X17”X18” inches in size, the prototype is garnering remarkable interest globally as an affordable and effective drinking water product.” Terrance Nylander, Head of Research and Development recently stated “Although time consuming, our intensive development process has proven to be very valuable to the company enabling us to strengthen our patent with very unique advancements that should place us even further ahead of those trying to enter this field. We are also implementing many new ideas into the product design while we continue the final cycle and reliability testing of the circuitry.” Wataire Industries Inc. has begun sourcing the components for the countertop unit and plans to immediately construct the final beta test units in the company’s facility in Sydney, Nova Scotia. Max Weissengruber concluded that “The world in general seems to have moved away from tap water as the main drinking water source and consumers are searching for safe and affordable alternatives. This growing consumer trend has created a tremendous opportunity for new systems such as the Wataire Countertop Atmospheric Water Generator.” Forward Looking Statements in this release are made pursuant to the “Safe Harbour” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers, and other risks detailed from tine to time in the Company’s periodic reports filed with the Securities and Exchange commission. Contacts: