DTGP NEWS SEDRO WOOLLEY, Wash., July 27 /PRNewswire-FirstCall/ -- Doll Technology Group announced today the tests carried out by the City of Castle Rock in Colorado confirmed that Aquaboost, a water conservation product, reduces the amount of water required to maintain city's sport playing fields by 10-20% while maintaining the fields in excellent condition. The tests resulted in the city of Castle Rock endorsing the product by purchasing Aquaboost to apply to all their playing fields. "Aquaboost has been tested in various locations in our city and has proven to save water, increase the condition of the turf and in some locations reduce run off. We plan to make Aquaboost part of our annual turf management program," said the Superintendent of Park Maintenance Castle Rock, CO.
Meetings were also held with the Colorado Department of Agriculture who has a great interest in the potential water savings offered by Aquaboost. In recent months the state has had to shut down a significant number of water wells to conserve water due to the rate of water depletion from the South Platte River. Many ranchers and farmers could face financial ruin due to water restrictions and drought. Aquaboost could reduce watering demand for plants and crops by more than 20%. Further meetings are planned in Colorado this week to follow up on previous discussions regarding the use of Aquaboost and to target additional sales.
It is estimated there is in excess of 500,000 sports fields in North America of which a large number experience the same concerns as the City of Castle Rock. It is anticipated that the potential annual market for Aquaboost could be in excess of $5 m per year. Doll Technology intends to use the Castle Rock experience to broaden the sale of Aquaboost to other regions of North America.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
CONTACT: Bruce MacCoubrey
514-910-5446
Doll Technology Group
CONTACT: Bruce MacCoubrey of Doll Technology Group, +1-514-910-5446
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