RALEIGH, N.C. and VANCOUVER, British Columbia, Jan. 25, 2005 (PRIMEZONE) -- HydroFlo Inc. (OTCBB:HYRF) today announced that its portfolio company, Metals & Arsenic Removal Technology Inc. (MARTI) has signed a commercial agreement with WAL S.A. (WAL) of Geneva, Switzerland. WAL will purchase the arsenic removal media (ARTI-64tm) from MARTI and use it in its pitcher containers being distributed to customers throughout Europe and the Asian continent. The product of MARTI is expected to be a help to WAL in providing its customers with a water treatment pitcher that includes the removal of arsenic as well as other contaminates.
The agreement also allows MARTI to begin distribution of the WAL pitcher filter units to customers throughout all areas of North, Central, and South America. WAL cartridges offer a guaranteed efficiency in filtering chlorine, lead, copper, zinc, nitrates and various other impurities that can now be found in tap water. With the addition of the ARTI-64tm media in the cartridges, customers can be assured of having drinking water without arsenic contaminates.
"There is a growing interest worldwide in the commercialization of our technologies for the purification of water. WAL fits well with our strategy of outsourcing distribution to experienced companies," stated George Moore, chief operations officer of MARTI. "I am pleased to be able to provide the filter units manufactured by WAL for customers in the Americas."
About WAL S.A.
WAL S.A. (http://www.wal-wasserfilter.de) is an international manufacturer of high-quality domestic water filtering products. The company's products have been sold throughout the European Union for more than a decade. The efficiency of the WAL water filter cartridge assures the removal of chlorine, lead, copper, zinc, nitrates and various other impurities that can now be found in tap water. Their cartridges fit most other types of domestic water filters including Brita, Kenwood and Boots filters.
Brita and Kenwood are registered trademarks. Boots is a registered trademark of the Boots Company Ltd.
Serge Hainich, president of WAL, stated, "We are excited to introduce the MARTI process for the removal of arsenic in our water pitcher units and feel fortunate to have found the media to provide the removal in a single-step process. We look forward to continuing the positive relationship we have found working with the personnel of MARTI."
Dennis L. Mast, CEO of HydroFlo, commented, "The addition of a manufacturing and distribution company with a necessary product and with as much experience as WAL is an important step in assuring the availability of one of the most cost-effective methods for countertop water treatment for customers. We look forward to providing the ability to have contaminate-free drinking water to customers throughout the world."
About HydroFlo
HydroFlo Inc. (http://www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Raleigh, N.C., HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. Its portfolio investment companies include; HydroFlo Water Treatment Inc. (www.hydroflo-inc.com), Metals & Arsenic Removal Technology, Inc. (www.martiinc.com), and the newest company, Safety Scan Technology Inc.
Forward-Looking Statements
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.
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