Rainpure Water PLC
Rainpure Water PLC: Expands into China
Rainpure Water PLC / Key word(s): Agreement/Alliance RainPure Water PLC – Expands into China 2 November 2011, Seoul, South Korea A delegation from China recently visited Rainpure Water PLC’s Korean subsidiary EcoMyung and its affiliated research company, ANT2, in Korea, to inspect the Company’s technology. This visit included a trip to ANT21’s Sewage facility at Daejeon Korea and the manufacturing facility. The visit of leaders from the Chinese Sewage and Water Recycling Industry came as a result of the Company’s planned expansion into the Chinese market. This expansion is to take place via a visit to the local Chinese firm, JN Philip. Rainpure Water PLC signed an exclusive distribution contract with JN Philip in China in May 2011 after an introduction from the Academy Cooperation Foundation in Korea http://iucf.hanbat.ac.kr. The signing ceremony was held in Suzhou Industrial Park http://sipac.gov.cn home of Samsung Electronics China and more than 150global multinational companies. Rainpure Water and JN Philip will jointly roll out a business expansion plan in China targeting large contracts for the revamping of existing facilities via replacement with new ANT21’s technology and/or establishing new facilities. Its speciality is to design and build waste water and sewage treatment components via its wholly owned subsidiary EcoMyung Co. Limited of South Korea. And it is also closely associated with a research institute ‘ANT21’ for R&D work. It owns and has registered nine utility IP models, three industrial designs and two patents. A design patent has been granted on the diffuser (called ANT21) in the United States of America. Safe Harbour Statement: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time. For further information contact Rainpure Water PLC Email: info@rainpurewater.com End of Corporate News 07.12.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
148924 07.12.2011 |