December 08, 2008 09:30 ET
Purio / Malaysian Company Discuss Marketing and Manufacturing Arrangement
BLAINE, WA--(Marketwire - December 8, 2008) - Purio (OTCBB: PURO) is pleased to report that it
is engaged in discussions regarding the marketing and manufacturing of its
products in Malaysia. The Malaysian company states that the portability of
the Purio equipment makes it ideal for the oil and gas exploration industry
in that region because drilling rig personnel are housed in portable camps.
The transportability of Purio equipment, whether the application be for
drinking water purification, or wastewater treatment appears to be very
suitable for this type of application.
Malaysia is strategically located to potentially supply to a broad market
in Southeast Asia. The country's historical roots go back to its formation
from the union of a group of British colonies therefore its government is
modeled after the British Parliamentary system. This Southeast Asian nation
experienced an economic boom and underwent rapid development during the
late 20th century with rapid growth averaging 8% from 1991 to 1997.
Malaysia is strategically positioned as one of three countries that control
the Strait of Malacca, therefore international trade plays a large role in
its economy. It is a world-class producer of tin, rubber and palm-oil.
Malaysia has a well developed manufacturing industry which has a
significant influence in the country's economy.
About Purio Inc.
Purio owns proprietary water clarification technology suitable to a broad
number of applications including the clarification of surface water,
industrial process water and sewage. Purio intends to apply its technology
initially to industrial and commercial applications to reclaim water and
reduce the need for fresh water in such applications. Purio further intends
to use its proprietary technology to produce potable water for commercial
and residential use. Purio will commercialize its technology via a number
of channels, namely licensing strategic partners to build and sell &/or
operate units outside of North America, outright sale of their second
generation (patent pending) units to end users and will build, own and
operate on a fee for service basis their larger permanent installation
units in North America. Website: www.puriowatertech.com.
Forward-Looking Statements
This press release "contains forward-looking statements" as that term is
defined in Section 27A of the United States Securities Act of 1933, as
amended, and Section21E of the United States Securities Exchange Act of
1934, as amended. Statements in this press release which are not purely
historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future.
Since the forward-looking statements relate to future developments, results
or events, these statements are highly speculative and involve risks,
uncertainties and assumptions that are difficult to assess. You should not
construe any of these statements as a definitive or invariable expression
of what will actually occur or result. Such forward-looking statements in
this press release include, among others, that the company will meet with
Malaysian Company or that the company will develop any ongoing
relationships with such company for the application of the company's water
treatment technology.
Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, (i)
the Company's ability to obtain and maintain adequate working capital
requirements to operate Purio's business; (ii) the Company's ability to
obtain necessary permits and approvals to operate Purio's business; (iii)
the Company's ability to market and sell clarified water; and (iv) the
Company's ability to negotiate and consummate license agreements for its
water purification equipment. These forward-looking statements are made as
of the date of this press release and the Company assumes no obligation to
update the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although the Company believes that the beliefs, plans,
expectations and intentions contained in this press release are reasonable,
there can be no assurance those beliefs, plans, expectations, or intentions
will prove to be accurate. Investors should consider all of the information
set forth herein and should also refer to the risk factors disclosed in the
Company's periodic reports filed from time to time with the Securities and
Exchange Commission and available at www.sec.gov.