December 02, 2008 16:05 ET
Purio's Meeting With President's Minister Yields Plan for Commerce
BLAINE, WA--(Marketwire - December 2, 2008) - Purio (OTCBB: PURO) is pleased to report that
the recent presentation of its technology to the Minister of Presidential
Affairs of a leading West African country has resulted in a verbal
invitation from the Minister to Purio to visit his country. The Minister's
office will assist in fast-tracking the formal correspondence preceding the
company's visit to that country in early 2009.
In the private meeting following the forum, with Purio Chairman Earl
Switenky and President Daryl English, the Minister referred to the
up-coming visit as "the next step" in reference to his Country's
determination to offer safe drinking water and sanitation services to
millions of residents who do not yet have access to them. He stated, for
example, that in the country's capital city alone, two thirds of its one
million inhabitants are without a drinking water infrastructure. Since many
areas of his country have abundant sources of surface water that is unsafe
for human consumption, the Minister viewed Purio's modular transportable
water purification system to be an obvious solution. The outcome of the
up-coming visit would be the development of a plan which would have Purio
equipment providing safe drinking water to his countrymen as soon as
possible.
Numerous international aid agencies have committed safe drinking water
development capital programs to West Africa.
"Because safe drinking water is a basic human need, we know that it is at
the top of everyone's list of priorities," a spokesman stated. "We will
work tirelessly to arrange the availability of Purio equipment to our
country. We will focus on the health of our citizens so that through a
strong and healthy people, we will develop a stronger country."
Daryl English, President of Purio, says, "This region of the world has some
of the most unfortunate human statistics in the areas of mortality rates,
especially in infants. A major reason for this is believed to be unsafe
water. Every day counts in a situation like this and Purio is taking this
invitation very seriously."
Earl Switenky describes the situation as urgent, "We in North America may
have water needs, but the region of West Africa is in water crisis! It is
difficult to comprehend the magnitude of the hardship that millions of West
Africans endure to get drinking water of any kind. Safe drinking water is
rare so millions are forced to drink water that is loaded with disease
pathogens and many succumb to its risks. Purio sees this opportunity as
three-fold. First is the opportunity to provide affordable safe drinking
water to millions of people; second is to plan to provide an industrial
economic stimulus in that region through the future manufacturing,
distribution and maintenance of our equipment; and third is the opportunity
for Purio to develop a business presence in West Africa as we plan to reach
out to the quickly developing Eastern Hemisphere."
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
government officials of a West African nation or that the company will
develop any ongoing relationships with such nation for the introduction and
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.