Published:
Wataire to Pursue Listing on the Frankfurt Stock Exchange
Wataire International, Inc. (the
"Company" or "Wataire") (OTCBB: WTAR) today announced that it has begun the
process of listing the company's shares on the Deutsche Borse (Frankfurt
Stock Exchange) subject to the Exchanges approval.
Since the Company's earlier announcement on October 5, 2009, management has
reviewed a number of Foreign and European exchanges and has selected the
Frankfurt Stock Exchange to be the company's gateway into the European
market. The Company has initiated the preparation of documentation required
to facilitate the listing process.
Robert Rosner, CEO of Wataire International, Inc., commented, "Listing on
the Frankfurt Exchange will help expand our shareholder base and provide
additional exposure globally for our award winning atmospheric water
generation (AWG) technology. We believe that the dual listing will enhance
our global profile and create additional exposure to environmentally
friendly European investment funds. Europe is very environmentally friendly
and sensitive to the global water crisis, and we are confident that this
listing will benefit our Company, our shareholders and distributors in the
short, medium and long-term."
Wataire International, Inc.:
Wataire International, Inc. is an International company focused on
developing and delivering technology-based water harvesting and
purification products worldwide. Wataire is a manufacturer of innovative
drinking water systems such as atmospheric water generators and filtration
systems. It provides water supply solutions that are especially suitable
for areas that may have no alternative sources of potable drinking water.
The atmospheric water generator collects moisture from the atmosphere to
generate pure, safe drinking water, and at the same time, by using a
special filtration system that removes dust and airborne particles,
simultaneously cleans the air we breathe. This method of extracting water
vapor from the atmosphere has been in use for many generations. To date,
there are more than 3000 WII-4010 home/office atmospheric water generators
in operation in over 30 countries around the world.
For more information about Wataire International, Inc. please visit:
www.watair.com
Forward-looking Statement:
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995 -- forward-looking
statements concerning plans, objectives, goals, strategies, future events
of performance and underlying assumptions and other statements which are
other than statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and services
demand and acceptance, changes in technology and in economic, political and
regulatory conditions and to all of the risks generally associated with a
company at Wataire's stage of development. All such forward-looking
statements, whether written or oral, and whether made by or on behalf of
the company, are expressly qualified by these cautionary statements. In
addition, the Company disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after the
date hereof.
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