Water Ways Receives Fourth Apple Grove Smart Irrigation System Order in Canada

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TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) ("Water Ways" or the "Company"), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces that its Canadian subsidiary, Heartnut Grove WWT Inc. ("WWT CANADA"), based in Mt. Brydges, Ontario, received a fourth order to design and construct a complete smart irrigation and fertigation project. The project will be delivered to a field of 75 hectares (about 300 acres) growing apples in southern Ontario. The project with a value of over CAD$500,000 will use the latest drip irrigation technology and is designed by Water Ways' engineers. WWT Canada expects to deliver and install the project in Q3 of 2024. Down payment is expected to be received in Q2 2024 and the balance after installation and delivery.    

Ohad Haber the Company's Chairman and CEO commented: "This a reoccurring order from an existing client. The client is growing his business in apples and we are growing with him."

About Water Ways Technologies
Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies 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 Technologies' main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies 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 Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberry, Medical Cannabis growers, fresh produce cooling rooms and more, in over fifteen countries.