Wataire International Invited To Present to US Department Of Defense Foreign Comparative Testing Program
26 Março 2008 - 11:14AM
Business Wire
Wataire International Inc. (the �Company� or �Wataire�) (Pink
Sheets:WTAR) is pleased to announce that we were selected as one of
the primary technology companies presenting to a Military
delegation from Washington, D.C. last month in Vancouver, BC. The
US DoD foreign Comparative Testing (FCT) Program reports to the
Pentagon office of the Under Secretary of Defense (Acquisitions,
Technology & Logistics) DUSD, Advanced Systems & Concepts.
For more information on the FCT see www.ctoacqcenter.com The
delegation was headed by the Director of the CTO, Colonel Robert J.
Mattes, USAF who was accompanied by a panel of eight experts from
other branches of the US Military, and by Major Rob Boucher, the
Assistant Defense Cooperation Attach� from Washington, D.C. Monika
E. Plettenberg, Program and Operations Officer for US Army
International Technology Center-Americas in Ottawa selected Wataire
International Inc. as one of the new technologies worthy of
presenting to this prestigious panel of experts. The event was
organized by the Western Economic Diversification Fund out of
Calgary and Vancouver. The focus was on equipment to better serve
the frontline Warfighter from the safety, weapons and logistics
perspective. FCT funding has been responsible for more that US$8.5
billion in foreign purchasing and is eyed as a valuable program for
US allies around the world that can offer valuable technological
contributions in support of active US Warfighters. FCT funding can
be used for leasing or purchasing foreign equipment for test and
evaluation as well as for the test program itself. After a FCT
project is successfully completed, the sponsoring organization
funds all costs for procurement and fielding. The Wataire
technology was presented to the delegation via the Company�s
Canadian office by co-inventor and R&D consultant Terrence
Nylander. Mr. Nylander reported back to Wataire that the panel
responded very positively to the technology �especially because we
can produce drinking water right at the point of consumption� and
demonstrated their interest by fully utilizing the allotted time
for the presentation. Follow-up correspondence will take place to
advance Wataire�s concepts to the FCT program. ABOUT WATAIRE
Wataire International, Inc. (WTAR) is an International Company
focused on developing and delivering technology-based air-to-water
generation and purification products worldwide. For additional
information on the Company and its� products, please visit our
website at www.wataireinternational.com 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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