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Re: growacet post# 366

Thursday, 12/08/2005 3:26:48 PM

Thursday, December 08, 2005 3:26:48 PM

Post# of 396
does this mean anything from WTAF news

Wataire Industries Inc. ("Wataire" or the "Company") (Pink Sheets: WTAF) is pleased to announce the current status of the license agreement with International Development Corp. (OTCBB: IDVL) to market and distribute the Company's Atmospheric Water Generators in the United States.

International Development Corp. (IDC) filed its annual report on form 10KSB on November 29, 2005. In their report IDC outlined its go-forward plan. IDC plans on selling its wholly owned subsidiary FreshWater Technologies Inc. and focusing the Company's efforts exclusively on Wataire's Atmospheric Water Generators. IDC's management and Board of Directors will present to their shareholders at the upcoming annual meeting their plan to launch the Home Office Atmospheric Water Generators in the USA.

The shares issued to Wataire Industries Inc. will be dispersed after the restructuring of IDVL as outlined in the company's 10KSB annual report which includes the 1,000-for-1 reverse split.

Phil Fraser, President of Wataire Industries, stated, "International Development's plan to build their company around our Atmospheric Water Generators corroborates our belief that IDC will successfully establish its business model in the USA. The U.S. market is vital to our success, and we are encouraged to see IDC is committed."

For more information on International Development Corp. go to www.sec.gov and take a look at their annual filing on form 10KSB.

Wataire Industries Inc. management, in a meeting held on Dec 6, 2005, agreed to propose to the Company's Board of Directors at the next board meeting to be held on January 12, 2006, that the company initiate a two-for-one forward share split, to dividend our shareholders with Wataire stock.

ABOUT WATAIRE

Wataire is an International company focused on developing and delivering technology-based water generation and purification products worldwide. The company provides innovative water supply solutions that are adaptable to almost every type of environmental conditions. Wataire was founded by a team of veterans with extensive experience in business administration, product development, project management, manufacturing, international distribution, sales and marketing. The Company is dedicated to providing an array of revolutionary solutions to deliver a clean, unlimited supply of pure water for drinking, for lifesaving, and for irrigation.


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