Alpha Wastewater Inc. Announces Recent Key Milestones
March 15 2012 - 9:00AM
Marketwired
Alpha Wastewater Inc. ("Alpha" or "the Company") (OTCQB: AWWI)
(OTCBB: AWWI), designer and owner of the patented and award winning
Upflow Sludge Blanket Filtration ("USBF") wastewater treatment
systems and plants, announced today that it has reached several key
milestones in regard to the Company's development.
Brian L. Hauff, Chief Executive Officer of Alpha, commented, "I
am very pleased with our progress, especially with our recent
agreement with China Aviation International Construction Co., Ltd.,
which is a subsidiary of the Global Fortune 500 Company, Aviation
Industry Corporation of China. Through this strategic partnership,
we will work alongside China Aviation to construct, operate and
manage a large-scale Wastewater Treatment Plant in China's Chengde
Hi-Tech Industrial Development Zone. The city of Chengde serves as
the main water supply for two of the three biggest cities in China,
including Beijing, and by implementing our unique USBF technology
in this Plant, we are confident that we will enhance the region's
ability to recycle wastewater in an environmentally friendly and
cost effective fashion, as well as further build awareness of the
Alpha brand."
The registered capital for the Project is approximately $2.4
million USD, with Alpha and China Aviation each owning 50% of the
Project Company. While China Aviation will provide 70 percent
financing to the Project and be responsible for coordinating the
construction of and daily operations at the Plant, Alpha will be in
charge of technical support, design and equipment supply
installation, and ensuring the Project meets the National Emission
Standards A of Class One under the environmental laws of China.
"Our primary goal is to become a global utility company through
building a series of BOT (Build-Operate-Transfer) and BOO
(Build-Operate-Own) plants across the world and collaborating with
China Aviation represents an important advancement in meeting our
aim," added Mr. Hauff. "Moreover, we have a textile dye treatment
plant in development in Bangladesh and we are in various stages of
negotiations to install other plants in India, China and Vietnam,
both independently and through other partners, as well. Through our
current and potential installations, we are poised to experience
tremendous financial gains in the future, as we obtain revenues
through equipment and plant sales, utility operations and licensing
fees. This is a very exciting time for our Company and I am
confident that we will hit several additional targets in terms of
our development throughout 2012."
About Alpha Waste Water Inc.
Alpha Wastewater was formed in 2009 and achieved US Public
Trading status on November 9, 2010 for the sole purpose of
launching Alpha's award winning and patented Upflow Sludge Blanket
Filtration (USBF™) wastewater technology into the world markets.
The technology includes patents, trademark, plant design, over 150
installations in North America and the Caribbean, and over 20 years
in designing, building and operating wastewater treatment plants in
the Infrastructure sector. Alpha is focused on providing green and
environmentally friendly wastewater treatment plants to both mature
markets and emerging markets worldwide with a focus on recycled
water. For more information on the company, visit:
http://www.alphawastewater.com/.
Safe Harbor
This press release contains forward-looking statements. These
statements relate to future events or our future financial
performance and involve known and unknown risks, uncertainties and
other factors that may cause our or our industry's actual results,
levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed, implied or inferred by these
forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as "may," "will,"
"should," "could," "would," "expects," "plans," "intends,"
"anticipates," "believes," estimates," "predicts," "projects,"
"potential" or "continue" or the negative of such terms and other
comparable terminology. These statements are only predictions based
on our current expectations and projections about future events.
You should not place undue reliance on these statements. Actual
events or results may differ materially. In evaluating these
statements, you should specifically consider various factors. These
and other factors may cause our actual results to differ materially
from any forward- looking statement. We undertake no obligation to
update any of the forward-looking statements after the date of this
presentation to conform those statements to reflect the occurrence
of unanticipated events, except as required by applicable law.
Investor Contact: Mr. Kevin Fickle, President NUWA Group LLC.
Tel: +1-925-330-8315 Email: kevin@nuwagroup.com
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