PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS) Announces The Signing Of An Exclusive Worldwide Sales And Marketing Agreement And An Engineering Package Agreement
PLAINVIEW, N.Y., Feb. 13, 2013 /PRNewswire/ -- Leslie Kessler, CEO of PureSafe Water Systems, Inc. (OTCBB: PSWS) (OTCQB: PSWS), is pleased to announce the signing of strategic agreements with Global Equipment Marketing, Inc. ("GEM") and Engineering Technologies Group, Inc. ("ETG") of Hopkinton, MA.
These Agreements will enable the Company to expedite worldwide sales and marketing, facilitate a value engineering approach to our high quality product, and enable more efficient production of our patented purification systems for shipment anywhere in the world. This relationship can create a solid foundation upon which PureSafe can build and develop for its future success.
Global Equipment Marketing, Inc. ("GEM") and its affiliates have been in business for over 30 years distributing large scale production and process equipment including waste water treatment sold throughout the world. GEM, operating as PureSafe Water System Sales (PWSS), will establish a worldwide distribution network drawing from their existing dealer network, adding new dealers and representatives, and establishing direct sales and alliances where appropriate to distribute the PureSafe product.
ETG/Engineering Technologies Group, Inc. ("ETG") is a full service engineering firm specializing in general equipment and process engineering, environmental services, and the design and supply of various engineered products. ETG will provide engineering services resulting in manufacturing specifications that will enable the PureSafe product to be more easily and efficiently manufactured, while maintaining a consistent high quality product. This will also be the foundation for further product lines expansion, enhancements and developments.
This unique combination of skills will help PureSafe meet the immediate and long-term market demand for our mobile water purification systems.
Les Bebchick, Chairman of GEM stated: "I am excited to represent PureSafe and be in a position to aggressively market this unique and much needed product to a diversified worldwide market."
Denis Roy, Vice President of ETG added: "The engineering review and value engineering program we are embarking on will create a product that will be more easily manufactured with the highest level of quality and reliability built-in. This program will also be the foundation for an ever-expanding line of water filtration products to meet the needs of world markets."
Both GEM and ETG are investing significant resources towards this alliance with PureSafe that would not be the case if they were not convinced of the successful future that this alliance will bring forth.
Adam Seltzer, Managing Director of Dominick and Dominick, Investment Advisor to PureSafe commented: "This is a significant milestone for PureSafe. It has enabled the Company to engage two renowned firms that have significant experience and expertise on both the engineering side of the business, as well as the sales, marketing and distribution of equipment. This partnership is a major step forward and should allow PureSafe to expedite manufacturing in order to meet market demand. This relationship also gives PureSafe the ability to eventually roll-out its product worldwide without taking on the expenses of having direct sales, marketing, distribution and engineering costs 'in house.' We expect that this model will allow the Company to maximize value using the expertise of GEM and ETG to enhance its water treatment technology and expedite distribution capabilities."
From time to time, information provided by the Company (including; but not limited to this release), statements made by its employees or information included in its filings with the Securities and Exchange Commission may contain "forward -looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, the Company claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology development and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitation, its 2011 Form 10-K and Forms 10-Q. The Company does not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE PureSafe Water Systems, Inc.