RALEIGH, N.C., April 6, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) today announced that its subsidiary, HydroFlo Water Treatment, Inc., has expanded its distribution capabilities in the Northwestern United States by the addition of two additional distributor groups for its aeration technology.
Inland Environmental Resources of Spokane, Washington and Granich Engineering of North Bend, Washington will both provide the technology of HydroFlo Water Treatment, Inc. to clients in the municipal and industrial market in Washington, Oregon and Idaho. Municipal clients will be presented the patented PLUS system technology as well as the aeration basin technology. Industrial clients in the area will be presented the proprietary water treatment technologies for aeration basins and process water systems.
"We are pleased to expand the representation of HydroFlo in the Northwest and look forward to providing innovative solutions to clients in that territory," commented Dennis L. Mast, CEO of HydroFlo, Inc.
"The addition of Inland Environmental Resources and Granich Engineering provide strategic partnerships to grow the sales of HydroFlo equipment within an industry sector that customarily utilizes high volumes of water. The distribution of HydroFlo aeration equipment to the vegetable, fruit and dairy food processing industries located in Washington, Oregon, and Idaho will not only provide energy efficiency for the treatment of wastewater but will also provide faster and more complete non-chemical treatment," Mr. Mast added.
About the Company
HydroFlo, Inc. (www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Raleigh, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. Its first portfolio investment company, HydroFlo Water Treatment (www.hydroflo-inc.com) is in the business of providing aeration equipment used for the pre-treatment of wastewater. Using the patented Pressure Line Up-Stream or PLUS pre-treatment system, HydroFlo Water Treatment provides customers a treatment process at their pumping stations, prior to the wastewater reaching a treatment plant.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.