Wataire Ecosafe Technologies Adopts New Name and FocusLast update: 3/11/2008 4:12:01 PMVANCOUVER, Mar 11, 2008 (BUSINESS WIRE) -- Wataire Ecosafe Technologies Inc. (PINK SHEETS:WTAF) is pleased to announce that it has adopted a new corporate name, "Ecosafe Innotech Inc." a name that clearly identifies the two key attributes of the Company as an innovative developer and manufacturer of environmentally friendly drinking water systems. In addition to the current Home/Office and large scale commercial drinking water products produced by Ecosafe Innotech Inc., the Company continues its ongoing development of new turbine driven technology based on an exclusive licensing of turbine technology from New York inventor Igor Reznik. Work has been completed that has proven the technical viability of producing safe drinking water with turbine driven technology. Detailed specifications for a manufacturing prototype have been completed and the Company is finalizing the development and testing of a commercially viable machine with manufacturing firms with the resources and expertise in the efficient production of water related products and systems. Ecosafe Innotech Inc. believes that its new corporate name and identity will reinforce the innovative capabilities of the Company. This, we believe, will assist us to secure the much needed operating and developmental financing to expand manufacturing capabilities and ongoing development of new technological capabilities. Ecosafe Innotech understands that there is constant competition in the drinking water industry and that it is important to continue to be in the forefront of water from air drinking water segment. A website reflecting the new identity and corporate focus will be available in the near future.
