Water Ways' Canadian Subsidiary Receives Orders for Agricultural Supplies From Canadian Farmers Totaling C$400,000
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TORONTO, Sept. 20, 2023 (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, is pleased to announce that its fully owned subsidiary, Heartnut Grove WWT Inc. ("HGWWT"), based in Mt. Brydges, Ontario, has received orders totaling C$400,000 for degradable plastic film designed to provide essential support to vegetable and fruit growers. The C$400,000 orders are slated for delivery during the first and second quarters of 2024, aligning with the growing season and agricultural needs in Canada. Degradable plastic film is a revolutionary solution that aids fruit and vegetable farmers in achieving higher yields with reduced water consumption and weed pressure. This sustainable practice not only leads to cost savings in farm labor and production but also contributes to environmental preservation.
Ohad Haber, Company's Chairman and CEO commented: "Degradable Plastic film assists fruit and vegetable farmers to grow more abundantly with less water and a reduction in weed pressure. This practise saves farm labour costs, reduces production cost and is beneficial for the environment. Consumers will receive plenty quality vegetables produced at the lowest price pre acre. This is a win – win situation for all involved. This is a very strong start for 2024 growing season."
Plastic Mulch
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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.