STOCK TITAN

Water Technologies International, Inc. Signs with a Major Distributor for Florida Hospital Networks for Expansion of its “DI Water” Business

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Water Technologies International, Inc. (WTII) has announced a new partnership with a major distributor to supply deionized (DI) water tanks to hospital networks across Florida. This agreement is expected to enhance the company's commercial DI water business and support its growth throughout 2023. WaterZone, a subsidiary of WTII, operates a DI water plant that serves various industries, including healthcare and manufacturing in key Florida cities. The company is expanding its focus on DI water solutions and other water technologies, aiming for greater market penetration amidst rising demand driven by Florida's population growth.

Positive
  • New partnership with a major distributor to supply DI water tanks to hospital networks in Florida.
  • Expected growth in commercial DI water business for 2023.
  • Expansion of operations across key Florida markets.
Negative
  • None.

The Major Distributor Serves Hospital Networks with Locations Throughout Florida. Commercial Applications for DI Water Include Medical, Manufacturing, Pharmaceuticals, and a Host of other Industries Throughout Florida.

WEST PALM BEACH, FL / ACCESSWIRE / February 15, 2023 / Water Technologies International, Inc.) (OTC Markets Pink Sheets:WTII - News) the leader in the technology in atmospheric water generator's production and design announced today that Water Zone, its wholly owned subsidiary, that provides commercial water treatment to Hospitals, condominiums, car washes and large manufacturers, has signed with a major distributor to deliver DI resin tanks to Hospital chains throughout Florida. With this agreement the Company expects to see additional growth for 2023 in its commercial DI Water business.

WaterZone has a Commercial DI Water Plant that manufactures DI Water Tanks and distributes them throughout Florida. The Tanks are used by hospitals, car washes, high end manufacturers in Tampa, Orlando, Gainesville, Jacksonville, and other locations. Deionization ("DI Water" or "Demineralization") simply means the removal of ions. Ions are electrically charged atoms or molecules found in water that have either a net negative or positive charge. The water comes out ultra clean and clear.

Water Technologies is currently pursuing acquisitions, partnerships, and ventures in the DI Water space in Florida. The Company has become a leader in the DI Water Business in Florida and recognizes the growth opportunity in this sector of the Water Industry. The Company is looking to expand throughout Central Florida,

Water Technologies International, Inc. has evolved as a "Pure Water Play" generating, cleaning producing drinking water, water for agriculture and a full line or wastewater treatment solutions. Our Company continues providing commercial and industrial wastewater solutions throughout Florida. As Water Technologies grows, it strives to improve the existing technology and drive sales in Florida and on a Global basis. We have completed our 2-year audit and we are looking for additional acquisitions in innovative technologies and companies that have substantial revenue to move forward with an up listing to a broader exchange.

Water Technologies, Inc.'s CEO, William Scott Tudor, said, "we continue to win contracts for our DI water tanks, and I am excited about the strong demand for our products and services in Florida. We now are focused on the commercial applications for the company's Water Generation, wastewater processing, Ozone, and hydrogen technologies. We have a strong Intellectual Property and product portfolio. The current population growth in Florida has helped us continue to expand our commercial clientele. We continue to win contracts and win bids on larger projects throughout Florida, one of the fastest growing markets in the US. I continually look for opportunities to license, market, and distribute our product line here and abroad. I am extremely optimistic about our future!"

For more information on Water Technologies International, Inc., go to OtcMarkets.com for the current financial statements and disclosure statements regarding the Company.

A video showing the proof-of-concept prototype is available at the company's website, www.gr8water.net

For a direct link to a copy of the company's product information "Slick Sheets" visit our website at: www.gr8water.net/products/product-slick-sheets .

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 issued by the USPTO 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.

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.

For Further Information Contact:
Investor Relations for Water Technologies Intl., Inc.
William S, Tudor, CEO
772-335-5550

SOURCE: Water Technologies International, Inc.



View source version on accesswire.com:
https://www.accesswire.com/739468/Water-Technologies-International-Inc-Signs-with-a-Major-Distributor-for-Florida-Hospital-Networks-for-Expansion-of-its-DI-Water-Business

FAQ

What is the new partnership announced by Water Technologies International (WTII)?

Water Technologies International has signed a deal with a major distributor to supply deionized water tanks to hospital networks across Florida.

How will the partnership affect WTII's business?

The partnership is expected to enhance WTII's commercial DI water business and support growth in 2023.

What industries will benefit from WTII's DI water tanks?

Industries including healthcare, manufacturing, car washes, and high-end manufacturers will benefit from WTII's DI water tanks.

Which locations in Florida will WTII's products serve?

WTII's products will serve major Florida cities such as Tampa, Orlando, Gainesville, and Jacksonville.

WATER TECH INTL

OTC:WTII

WTII Rankings

WTII Latest News

WTII Stock Data

1.06M
Pollution & Treatment Controls
Industrials
Link
United States of America
Port St. Lucie