VANCOUVER, British Columbia, May 24, 2006 (PRIMEZONE) -- Wataire Industries Inc. (Pink Sheets:WTAF), a world class manufacturer of atmospheric water generators, announced today confirmation that the company will be shipping a CI 2500 commercial Atmospheric Water Generator to Cancun, Mexico, in cooperation with Tecno Alta Distribucion of Mexico City.
Wataire and Tecno Alta will be demonstrating various applications of the commercial water generator including use as permanent water supply for the booming oil rig and soft drink industries, hospitals, as well as disaster relief in Mexico. Wataire will also be participating with Tecno Alta in two Mexican tradeshows which are being held in Cancun in mid June and September of this year. Last October, Cancun, Mexico's most popular resort, was severely damaged when Hurricane Wilma struck the city for a full 40 hours leaving it in virtual ruins. Not only the devastation but the complete loss of the water supply for the city created a hardship for the people of Cancun never before recognized.
In a recent article posted by Department of Atmospheric Science CSU, the 2006 hurricane season will be much more active than the average season. It is estimated that 2006 will have about 9 hurricanes (average is 5.9), 17 named storms (average is 9.6), 85 named storm days (average is 49.1), 45 hurricane days (average is 24.5), 5 intense (Category 3-4-5) hurricanes (average is 2.3) and 13 intense hurricane days (average is 5.0).
Vice President Nand Shankar stated, "With the implementation of Wataire's technology, including the portable commercial generator, Wataire will be in a position to respond through appropriate agencies to assist disaster struck areas by supplying clean drinking water rapidly."
About Wataire
Wataire was formed by a team of veteran executives with extensive experience in developing and bringing innovative products to market. The team is comprised of leaders and advisors who have extensive backgrounds in business administration, project management, manufacturing, international distribution, sales, and marketing. Wataire is committed to providing an array of innovative solutions that will help prevent fresh water shortages.
The Wataire Industries Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2286
On behalf of the Board Nand Shankar Vice President
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.