Water Technologies International Inc (WTII)

[jedijazz]

Water Technologies International, Inc. (OTC: WTII) on May 30th announced that "it has signed a Licensing agreement with OriginClear, Inc., of Los Angeles, California.

OriginClear, Inc. engages in the business of developing, manufacturing and marketing industry-leading products and services in wastewater treatment and water remediation for the oil and gas, algae, and feed industries as well as others rejecting or using large volumes of water. The agreement licenses the technology and allows Water Technologies International, Inc. to sell the equipment for use in the industry. Water Technologies plans to employ the product in existing client projects and will also target clients for water generation equipment with its patented Atmospheric Water Generators.

The United Nations estimates that by 2030, water demand will exceed supply by 40 percent. By combining OriginClear's Electro Water Separation (EWS) wastewater treatment technology with Water Technologies' Atmospheric Water Generators, oil & gas operators facing water scarcity can regain control of their water resources and build water independence for their organization.

Water Technologies International, Inc.'s CEO, William Scott Tudor, said, "I am excited to have OriginClear's new, unique wastewater treatment technology for use in oil & gas industry projects. We can now provide new products and services to oil & gas clients and offer onsite solutions that can clean and remediate contaminated water as well as generate clean water resources with our Atmospheric Water Generators. This partnership opens up an entirely new audience for our many products and should lead to more sales for both companies."

OriginClear, Inc's CEO Riggs said, "The whole team at OriginClear is very enthusiastic about entering into this new relationship with Water Technologies. Offering these cutting-edge products to their client base is very exciting and we look forward to being at the forefront of cutting-edge water treatment technology."