PureSafe Water Systems, Inc. (OTCBB: PSWS)
(OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And
Marketing Agreement And An Engineering Package Agreement
MacReport
Media "Press Releases"
Leslie Kessler,
CEO ofPureSafeWater Systems, Inc.
(OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of
strategic agreements with Global Equipment Marketing, Inc.
("GEM") and Engineering Technologies Group, Inc.
("ETG") ofHopkinton,
MA.
These Agreements will
enable the Company to expedite worldwide sales and marketing,
facilitate a value engineering approach to our high quality product,
and enable more efficient production of our patented purification
systems for shipment anywhere in the world. This relationship can
create a solid foundation upon whichPureSafecan
build and develop for its future success.
Global Equipment Marketing, Inc. ("GEM")and
its affiliates have been in business for over 30 years distributing
large scale production and process equipment including waste water
treatment sold throughout the world. GEM, operating asPureSafeWater
System Sales (PWSS), will establish a worldwide distribution network
drawing from their existing dealer network, adding new dealers and
representatives, and establishing direct sales and alliances where
appropriate to distribute thePureSafeproduct.
ETG/Engineering Technologies Group, Inc. ("ETG")is
a full service engineering firm specializing in general equipment and
process engineering, environmental services, and the design and supply
of various engineered products. ETG will provide engineering services
resulting in manufacturing specifications that will enable thePureSafeproduct
to be more easily and efficiently manufactured, while maintaining a
consistent high quality product. This will also be the foundation for
further product lines expansion, enhancements and developments.
This unique combination
of skills will helpPureSafemeet
the immediate and long-term market demand for our mobile water
purification systems.
LesBebchick,
Chairman of GEM stated: "I am excited to representPureSafeand
be in a position to aggressively market this unique and much needed
product to a diversified worldwide market."
DenisRoy,Vice
President of ETG added: "The engineering review and value engineering
program we are embarking on will create a product that will be more
easily manufactured with the highest level of quality and reliability
built-in. This program will also be the foundation for an
ever-expanding line of water filtration products to meet the needs of
world markets."
Both GEM and ETG are
investing significant resources towards this alliance withPureSafethat
would not be the case if they were not convinced of the successful
future that this alliance will bring forth.
AdamSeltzer,Managing
Director of Dominick and Dominick, Investment Advisor toPureSafecommented:
"This is a significant milestone forPureSafe.
It has enabled the Company to engage two renowned firms that have
significant experience and expertise on both the engineering side of
the business, as well as the sales, marketing and distribution of
equipment. This partnership is a major step forward and should allowPureSafeto
expedite manufacturing in order to meet market demand. This
relationship also givesPureSafethe ability
to eventually roll-out its product worldwide without taking on the
expenses of having direct sales, marketing, distribution andengineering
costs 'in house.' We expect that this model will allow the Company to
maximize value using the expertise of GEM and ETG to enhance its water
treatment technology and expedite distribution capabilities."
From time to time,
information provided by the Company (including; but not limited to
this release), statements made by its employees or information
included in its filings with the Securities and Exchange
Commission may contain "forward -looking" statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Act of 1934, as amended, which are
intended to be covered by the safe harbors created thereby. With
respect to such forward-looking statements, the Company claims
protection under the Private Securities Litigation Reform Act of 1995.
The Company's results may differ significantly from those stated in
any forward-looking statements. Forward-looking statements involve a
number of risks and uncertainties, including, but not limited to,
product demand, pricing, market acceptance, litigation, risks in
product and technology development and other risk factors detailed
from time to time in the Company's Securities and Exchange
Commission reports including, without limitation, its 2011 Form
10-K and Forms 10-Q. The Company does not undertake to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
CONTACT:
PURESAFE WATER SYSTEMS, INC.
LESLIE J. KESSLER
516.208.8250
FAX: 516.208.8252
SOURCEPureSafeWater
Systems, Inc.
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