10:23:28 EDT Sun 12 May 2024
Enter Symbol
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Water Ways Technologies Inc
Symbol WWT
Shares Issued 148,685,346
Close 2023-08-08 C$ 0.07
Market Cap C$ 10,407,974
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Water Ways receives third order from blueberry grower

2023-08-08 13:16 ET - News Release

Mr. Ohad Haber reports

WATER WAYS RECEIVES RECURRING THIRD ORDER FROM A BLUEBERRY GROWER IN MEXICO

Water Ways Technologies Inc. has received a third order to deliver smart irrigation equipment to a blueberry grower in Mexico. The total value of the order is $180,000. Water Ways expects to recognize revenue and deliver the order in Q4 of 2023.

Ohad Haber, chairman and chief executive officer, commented: "Our blueberry business in Mexico is increasing. We have gained vast experience and know-how in the blueberries sector and providing blueberry farmers with smart irrigation equipment and knowledge in several countries around the world."

About Water Ways Technologies Inc.

Water Ways, through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways 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, Water Ways' main revenue streams are derived from the following business units: (i) projects business unit; and (ii) component and equipment sales unit. Water Ways is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways' irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberry, medical cannabis growers, fresh produce cooling rooms, and more, in over 15 countries.

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