SAN ANTONIO, Texas, September 3, 2013 /PRNewswire/ --
ADB International Group, Inc. (OTCQB: ADBI), a distributor of advanced water treatment systems, announced today that Treatec21's proprietary industrial wastewater purification technology has been purchased by an Israeli real estate development and construction company.
Treatec21 will install a compact wastewater treatment facility to purify water at a daily volume of up to 110 cubic meters in an Israeli population center, and will provide facility support and maintenance services for a period of 24 months following the installation.
The developer will pay Treatec21 approximately $250,000, with a provision that the facility may be upgraded to increase the amount of daily wastewater purification, at terms that were agreed upon in the current contract.
Treatec21 products are fully commercial in Israel, Europe and soon in China, India, Africa and across the globe. ADBI International was recently appointed as the distributor of Treatec21 technology in Australia and New Zealand.
"Each contract that Treatec21 signs is a further demonstration to the international community of the effectiveness and cost-efficiency of their proprietary water purification technology," said Shahar Ginsberg, CEO of ADB International. "The current contract adds further value and strength to our business development efforts, and increases the potential for signing commercial wastewater purification projects worldwide."
This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated. ADBI International Group public filings may be viewed at http://www.sec.gov.
Shahar Ginsberg - CEO
SOURCE ADB International Group Inc.