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http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=A… Aqua Society, Inc. to Construct Amino Acid and Peptide Processing Facility HERTEN, Germany--(BUSINESS WIRE)--Aug. 31, 2005--Aqua Society, Inc. (OTCBB:AQAS)(FWB:UP4A) announced today that it has received a EUR 2,100,000 order from Animox GmbH to construct a facility that processes waste meat and bone meal products to produce amino acids and peptides. This facility will incorporate membrane filtration and vacuum technologies with which our employees and consultants have considerable experience. The order calls for the facility to be constructed over a period of nine months, with payment to be provided by Animox upon the completion of certain conditions. Aqua Society will receive 20% of the construction fee upon obtaining approval from the necessary regulatory authorities, 40% upon delivery of all component parts, 30% upon completion of a successful test operation and the remaining 10% after the facility has been successfully operating for a continuous six month period. Aqua Society, Inc. designs and develops technologies for application in the areas of refrigeration, water purification and waste water treatment. In addition to developing the Thermomobile mobile refrigeration unit, the Company has developed the Aquamission, a product that is capable of extracting potable water from the atmosphere, and is in the process of developing the Thermomission, a product designed to decrease the energy consumption of its HVAC&R products. In addition, the Company has considerable experience and expertise in utilizing membrane and vacuum technologies to design, construct and maintain water purification, water recycling and waste water treatment systems. This Press Release may contain forward looking statements in addition to historical information. These forward looking statements reflect the current views of management with respect to future events and are subject to risks, uncertainties and other factors that may cause actual results to be materially different from those described in the forward looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to the completion of due diligence investigations by management. Payment by Animox of the fee for constructing this facility is subject to the completion of a number of conditions. There is no assurance that Aqua Society, Inc. will be able to successfully meet the conditions for payment within the necessary time periods if at all. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release. Achim Stamm, President Aqua Society, Inc. (OTC Bulletin Board:AQAS) (FRANKFURT:UP4A) CONTACT: Aqua Society, Inc.Abraham Joy 49-(0)-6031-791760 Fax: 49-(0)-6031-791762 www.aqua-society.com SOURCE: Aqua Society, Inc. |
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| aus der Diskussion: | Aqua Society- wann sind die pleite ? |
| Autor (Datum des Eintrages): | krofisch (01.09.05 15:39:33) |
| Beitrag: | 10 von 5,547 (ID:17756306) |
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