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Water Ways Technologies Inc
Symbol WWT
Shares Issued 89,410,652
Close 2019-08-22 C$ 0.115
Market Cap C$ 10,282,225
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Water receives $1.5M order for water treatment systems

2019-08-22 09:42 ET - News Release

Mr. Ohad Haber reports

WATER WAYS RECEIVES A CDN $1,500,000 PURCHASE ORDER FOR HIGH TECH WATER TREATMENT SOLUTIONS FROM ONE OF SOUTH AMERICA'S LEADING FLOWER GROWERS

Water Ways Technologies Inc. has received a purchase order from one of South America's leading flower growers to deliver more than 30 high-tech water treatment solutions.

The purchase order is valued at approximately $1.5-million. First systems are to be delivered in the fourth quarter and the balance over a course of a few months. The water treatment systems comprise high-tech filtration systems based on self-cleaning filters and physical separation technologies to eliminate the existence of unique worms (plant parasite nematodes) in irrigation water that originates from rivers. The Water Ways Technologies water treatment systems replace the need for chlorine, which was previously used by the flower grower, to exterminate the worms, allowing the flower grower to use a clean and chemical-free process, thereby reducing the cost and potential pollution to the soil. The system was tested by the client for over a year in field tests, and, once fully accepted, Water Ways Technologies received the full order for over 30 systems.

Ohad Haber, the company's chairman and chief executive officer, commented: "I am really pleased to receive this initial order. We have worked for over a year with one of South America's largest flower growers to deliver a clean and cost-effective solution to eliminate the need to use chlorine to exterminate certain worms which damage the growing of flowers. Following this great success, I expect other orders for this unique and high-tech water treatment system to follow."

About Water Ways Technologies Inc.

Water Ways Technologies is the parent company of Irri-Al-Tal, which is an Israeli-based agriculture technology company that specializes in providing water irrigation solutions to agricultural producers. Irri-Al-Tal competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Irri-Al-Tal's main revenue streams are derived from the following business units: (i) projects business unit; and (ii) component and equipment sales unit.

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