
Hidell-Eyster International, Inc. (HEI) and PureSafe Water Systems, Inc. (PSWS) Have Signed a Settlement Agreement
HEI and PSWS Sign Settlement Agreement
BOSTON, Jan. 20, 2011 /PRNewswire/ -- Henry R. Hidell, Chairman of Hidell-Eyster International, and Leslie J. Kessler, Chairman and CEO of PureSafe Water Systems, Inc. (OTC Bulletin Board: PSWS) are pleased to announce that they have signed a settlement agreement, amicably resolving any open issues between the parties. Hidell-Eyster International will no longer render services to PureSafe Water Systems, Inc. Mr. Henry R. Hidell has resigned as a Board Member and Chief Operating Officer of PureSafe. Both parties expect to cooperate into the future.
From time to time, information provided by PureSafe "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 2008 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.
Media Contact: |
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Henry R. Hidell |
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Hidell-Eyster International |
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Phone: 781-749-8040 |
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Fax: 781-749-2304 |
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PureSafe Water Systems, Inc. |
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Leslie J. Kessler |
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Phone: 516-208-8250 |
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Fax: 516-208-8252 |
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SOURCE Hidell-Eyster International
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