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TORONTO, June 14, 2021 (GLOBE NEWSWIRE) — Water Methods Applied sciences Inc. (TSXV: WWT) (“Water Methods” or the “Firm“), is happy to announce that additional to the corporate’s press launch dated November 23, 2020, its Chinese language subsidiary has accomplished the supply and set up of a 20 hectare turnkey blueberries irrigation mission within the Province of Yunnan in China ordered by Driscoll’s subsidiary. The overall worth of the mission was CAD$460,000. Driscoll’s is the worldwide market chief for recent strawberries, blueberries, raspberries and blackberries. With greater than 100 years of farming heritage and a whole lot of impartial growers around the globe, Driscoll’s is obsessed with rising nice tasting berries.
Ohad Haber, Chairman and Chief Govt Officer, commented: “It is a essential buyer for us given Driscoll’s measurement and attain within the trade. That is our first irrigation mission with a multinational meals grower like Driscoll’s, and I’m assured that profitable supply of the mission will end in further initiatives with Driscoll’s, particularly in key markets like China. We launched a subsidiary in China final 12 months and are enthusiastic about development prospects in nations like China and with key clients like Driscoll’s.”
About Water Methods Applied sciences
Water Methods Applied sciences Inc., by way of its subsidiaries, is a world supplier of Israeli-based agriculture know-how, offering water irrigation options to agricultural producers. Water Methods Applied sciences competes within the world irrigation water methods market with a give attention to creating options with business functions within the micro and precision irrigation segments of the general market. At current, Water Methods Applied sciences’ foremost income streams are derived from the next enterprise models: (i) Tasks Enterprise Unit; and (ii) Element and Gear Gross sales Unit. Water Methods Applied sciences is capitalizing on the alternatives offered by micro and good irrigation, whereas additionally making a optimistic mark on society by making these applied sciences extra broadly obtainable, particularly in creating markets equivalent to Africa and Latin America and developed markets equivalent to China and Canada. Water Methods Applied sciences irrigation initiatives embody vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Hashish, recent produce cooling rooms and extra, in over 15 nations.
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https://www.water-ways-technologies.com/
Twitter: @WaterWaysTechn1
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Ahead-Wanting Statements
Sure statements contained on this press launch represent “forward-looking data” as such time period is outlined in relevant Canadian securities laws. The phrases “might”, “would”, “may”, “ought to”, “potential”, “will”, “search”, “intend”, “plan”, “anticipate”, “imagine”, “estimate”, “count on” and comparable expressions as they relate to Water Methods. All statements aside from statements of historic reality could also be forward-looking data. Such statements replicate Water Methods’ present views and intentions with respect to future occasions, and present data obtainable to Water Methods, and are topic to sure dangers, uncertainties and assumptions. Materials components or assumptions had been utilized in offering forward-looking data. Many components may trigger the precise outcomes, efficiency or achievements which may be expressed or implied by such forward-looking data to differ from these described herein ought to a number of of those dangers or uncertainties materialize. Ought to any issue have an effect on Water Methods in an sudden method, or ought to assumptions underlying the forward-looking data show incorrect, the precise outcomes or occasions might differ materially from the outcomes or occasions predicted. Any such forward-looking data is expressly certified in its entirety by this cautionary assertion. Furthermore, Water Methods doesn’t assume duty for the accuracy or completeness of such forward-looking data. The forward-looking data included on this press launch is made as of the date of this press launch and Water Methods undertakes no obligation to publicly replace or revise any forward-looking data, aside from as required by relevant legislation. Water Methods’ outcomes and forward-looking data and calculations could also be affected by fluctuations in change charges. All figures are in Canadian {dollars} except in any other case indicated.
A photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5b0b7ab-8720-4e57-be65-915243f11d06
