STOCK TITAN

WPUR To Join ALYI In Brazil And On College Campus Expansions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

WaterPure International (OTC Pink: WPUR) collaborates with Alternet Systems (OTC Pink: ALYI) to advance off-grid clean energy solutions for electric vehicle (EV) charging. The technology, currently in lab development, is set for a pilot program prior to a broader rollout. This partnership includes supporting ALYI’s EV Ecosystem initiative and its expansion into Brazil. WPUR's energy solutions will also feature in ALYI's EV racing initiative in Kenya, aligned with plans for a Formula E event.

Positive
  • Collaboration with ALYI to enhance off-grid clean energy solutions.
  • Technology moving from lab to pilot, indicating progress.
  • Support for ALYI's expansion efforts into Brazil.
  • Involvement in ALYI's EV racing initiative, enhancing visibility.
Negative
  • Risks associated with the execution of the pilot program.
  • Uncertainties around achieving significant sales as outlined.

Dallas, Texas, April 12, 2022 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) with Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed work together on launching an off grid, clean electric energy production, storage and electric vehicle (EV) charging solution is proceeding on track. 

The technology has been built in a lab and will now be scaled into a pilot in advance of a larger rollout.  The larger rollout is planned in conjunction with an agreement WPUR has made with ALYI to support ALYI’s EV Ecosystem initiative.

ALYI recently announced expanding its electric motorcycle program into Brazil and separately announced the expansion of its electric motorcycle partnership with Priority Aviation, Inc. (OTC Pink: PJET).

Today, WPUR announces that it will join ALYI on both expansion projects bringing along WPUR’s off grid, clean electric energy production and storage solution for charging EVs.

WPUR’s off grid EV charging solution is expected to be featured in conjunction with ALYI’s EV racing initiative. ALYI has worked closely with a Kenyan race event business named East African Grand Prix (EAGP). EAGP has a provisional license with Formula E intended to bring a annual Formula E race event to Kenya.

To learn more about WPUR, visit https://www.wpurinc.com/.

To learn more about ALYI, visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:
Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297

WaterPure International, Inc.
Ed Bollen
info@wpurinc.com
972-918-5256


FAQ

What recent collaboration did WPUR engage in?

WaterPure International announced a collaboration with Alternet Systems to develop off-grid clean energy solutions for electric vehicle charging.

What is the significance of WPUR's technology development?

WPUR's technology is moving from lab development to pilot testing, which is crucial for its future rollout and market application.

How will WPUR's solutions be utilized in the electric vehicle market?

WPUR's solutions will support ALYI's EV Ecosystem initiative, enhancing electric vehicle charging infrastructure.

What are the future plans for WPUR and ALYI?

WPUR will support ALYI's expansion projects into Brazil and participate in the EV racing initiative in Kenya.

What are the risks mentioned in WPUR's recent press release?

Risks include uncertainties regarding achieving significant sales and meeting schedule requirements of contracts.

WATERPURE INTL INC

OTC:WPUR

WPUR Rankings

WPUR Latest News

WPUR Stock Data

378.38k
Specialty Industrial Machinery
Industrials
United States of America
Plymouth Meeting