Pure H20 Bio-Technologies, Inc. Announces Appalachian Community Bank Approves Financing For Its Manufacturing Facility
April 01 2009 - 9:42AM
Business Wire
Pure H2O Bio-Technologies, Inc. (Pink Sheets:PRHB) announces it
has received approval from Appalachian Community Bank for financing
and has closed this transaction this past March 31st 2009 for its
new manufacturing facility located in Blairsville, Georgia. This
financing now qualifies PRHB for additional financial assistance
through the Georgia Economic Development Board including equipment
financing, grants, matching salaries for key employees, etc. Pure
H20 has taken another step closer under NSF guidelines GP-16
Requirement and Purpose of Audit for certification of its
Integrated Hospital Potable Water Disinfection System. The
certification process includes completion of its manufacturing
facility, located in Blairsville, GA, as well as the final
certification process of its products.
Mr. Joseph P. Doxey, President said, �I believe that the
community banks have gone back to fundamentals to initiate loans on
behalf of small businesses. They have provided financial assistance
to management of Pure H2O in the past few years to help PRHB
achieve their goals that will ultimately benefit the Blairsville,
GA community with the creation of jobs. It takes a community bank
to set the example for the top one hundred world prime banks to
take notice and follow suit. We appreciate the professional
dialogue and creativity between us and the officers at Appalachian
Community Bank.�
Pure H2O recently completed all pre-certification testing of its
innovative drinking water treatment system with outstanding
results. Pure H2O is ready to complete final certification through
the EPA's contractor, National Sanitation Foundation (NSF).
Certification of this system is expected to be completed within
this 1st quarter and has a high likelihood for success. Upon
completion, the Company will begin its marketing and sales
campaign. The Company intends to target hospitals, nursing homes
and medical facilities in need of pathogen-free and chemical-free
water.
The Company will be announcing its progress on a regular basis
and will continue to keep its shareholders apprised through these
final stages. Visit our web-site for updates and to view our
production Video at www.pureh20biotech.com.
The foregoing press release contains forward-looking statements
that can be identified by such terminology as "expects,"
"potential,� suggests," "may," "intends," or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations regarding future research,
development and/or commercial results could be affected by, among
other things, uncertainties relating to the availability of future
financing; unexpected regulatory delays or government regulation
generally; the company's ability to obtain or maintain patent and
other proprietary intellectual property protection; and completion
in general. Forward-looking statements speak only as to the date
they were made. The company does not undertake to update
forward-looking statements to reflect circumstances or events that
occur after the date the forward-looking statements are made.
Pure H2O Bio Technologies (CE) (USOTC:PRHB)
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