Water Technologies International Reports Record Full Year and Quarterly Results for the Periods Ended December 31, 2012
19 Febbraio 2013 - 1:45PM
Marketwired
Water Technologies International, Inc. (OTC Pink: WTII) announced
today record full year and quarterly results for the periods ended
December 31, 2012.
Highlights for the full year and quarter
include:
- Revenue of $425,020 for the full year ended December 31, 2012
up from $5,660 for the full year ended December 31, 2011.
- Gross profit of $110,933 for the full year ended December 31,
2012 up from $1,341 for the full year ended December 31, 2011.
- Revenue of $387,000 for the fourth quarter ended December 31,
2012 up 975% from $36,000 for the third quarter ended December 31,
2011.
- Gross profit of $102,000 for the fourth quarter ended December
31, 2012 up 1,175% from $8,000 for the third quarter ended December
31, 2011.
To access the entire financial report go to:
http://www.otcmarkets.com/stock/WTII/financials
Water Technologies Inc.'s CEO, William Scott Tudor, said, "The
results for the fourth quarter mark the most significant milestone
in the Company as we successfully transitioned from a development
stage Company to an operating company delivering multiple units to
multiple countries and generating revenue. Moving forward in 2013
we expect significant revenue growth with positive cash flows from
operations."
A video showing the proof of concept prototype is available at
the company's website, www.gr8water.net
About the Company
Water Technologies International, Inc. and its wholly owned
subsidiaries, GR8 Water, Inc. (Great Water) and Aqua Pure
International, Inc. (Specializing in Filtration Systems) are
engaged in the manufacture and distribution of technologically
advanced Atmospheric Water Generators (AWG). These unique devices
utilize a patent pending air purification input system to produce
clean, great-tasting, safe water from the humidity in the air. GR8
Water makes freestanding water factory units for the home or office
and large, industrial-sized water units using a modular design that
can produce up to thousands of gallons of water each day from
ambient air. GR8 Water strives to make safe drinking water
available to everyone on the planet, making the world a better
place in which to live while nurturing the environment.
The Company has patents pending and has filed for additional
patents with the USTPO. It has also filed globally through the
Patent Cooperation Treaty. Its "Water village" trademark has been
issued by the USPTO.
For additional information on the Company visit our website at
www.gr8water.net.
Statement as to Forward-Looking
Statements.
Forward-Looking Statements
Certain statements in this release that are not historical facts
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will," "would," "should," "plan,"
"projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to the Company's
ability to: (i) obtain sufficient capital or a strategic business
arrangement to fund its expansion plans; (ii) build the management
and human resources and infrastructure necessary to support the
growth of its business; (iii) competitive factors and developments
beyond the Company's control; and (iv) other risk factors. We
assume no obligation to update the information contained in this
news release.
Contacts: For Further Information Contact: Investor
Relations for Water Technologies Intl., Inc. WSR Communications
772-219-7525 IR@WSRcommunications.com
http://wsrcommunications.ir.stockpr.com/gr8water/overview Strategic
Advisors Contacts: First Level Capital, LLC. Michael Friedman
Phone: (561) 296-6393 Marmel Communications, LLC. Marlin Molinaro
Phone: (702) 434-8692
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