LAFAYETTE, La., Aug. 10, 2005 (PRIMEZONE) -- Ultra Pure Water Technologies, Inc. (Pink Sheets:UPWT) (Ultra Pure) announced today that the company has initiated a Manufacturing Agreement with CMC Refrigeration, Inc. for the production of the company's proprietary "Ice Island" system. CMC Refrigeration, Inc. (CMC) is a wholly owned subsidiary of Courtesy Manufacturing, Inc. located in Elk Grove Village, Illinois.
Upon initiation of the Manufacturing Agreement, CMC will immediately begin to manufacture and supply the "Ice Island" automated ice bagging units. In addition, CMC will supply a custom manufactured ice merchandiser cold storage unit specifically designed for use with the "Ice Island" automated ice bagging units.
Guy Lombardo, President of CMC Refrigeration stated, "We are extremely pleased that Ultra Pure has chosen CMC to provide engineering and manufacturing services for the production of their proprietary "Ice Island" units. We anticipate building a relationship that extends well beyond the commitment of utilizing our state-of-the-art automated manufacturing facilities for the production of the `Ice Island' units."
Daniel LeBlanc, President of Ultra Pure stated, "The relationship now established with CMC and Courtesy will allow Ultra Pure to begin a progression towards our vision of supplying the `Ice Island' to the convenience and grocery store market. The manufacturing capacity of CMC will allow Ultra Pure to immediately begin to satisfy a back-log of demand from our customers for the installation of the `Ice Island' units. The commitment of manufacturing resources from Mr. Lombardo and CMC affords us the luxury of scheduling on-time deliveries of the `Ice Island' units to our expanding customer base."
OTHER EVENTS
Effective July 1, 2005, Ultra Pure has engaged Kirkpatrick Lockhart Nicholson Graham LLP to serve as the company's securities counsel.
Effective July 1, 2005, Ultra Pure has engaged Rachlin Cohen & Holtz LLP to serve as principal accountant to audit the company's financial statements.
Further information and details regarding the information provided in this announcement may be found by reading our 8K filing located in the following link: http://www.sec.gov/Archives/edgar/data/1099330/000114420405023292/v022674_8k.htm
About CMC Refrigeration, Inc. and Courtesy Manufacturing, Inc.
CMC and Courtesy have been an established industry leader in the fabrication and refrigeration industries for over half a century. They are located in the Midwest's largest industrial park, Elk Grove Village, Illinois. The companies operate within a state-of-the-art automated 140,000 square foot air conditioned facility. An established leader in CNC fabrication, they operate stamping presses ranging in size from 45 to 600 tons. In conjunction with their facility's multiple robotic welding and laser cutting stations, Courtesy and CMC can "build-out" high volume production runs containing complex components in minimal time.
About ICEX Holdings, Ltd., Inc.
ICEX is a wholly owned subsidiary of Ultra Pure Water Technologies, Inc. with headquarters located in Lafayette, LA. and a manufacturing support division located in Phoenix, AZ. The company manufactures a proprietary ice production unit known as the "Ice Island" system. The system is an on-site ice production, bagging, and storage unit. The patent-applied for technology totally automates production and packaging of ice products in a portable configuration installed at the customer's site. The target markets for the Ice Island system include convenience stores, grocery stores, hotels, resorts, hospitals and industrial complexes.
About Ultra Pure Water Technologies, Inc.
Ultra Pure Water Technologies, Inc. is engaged in the manufacture, sale, and rental of pure quality water purification equipment utilizing reverse osmosis filtration processes and water vending equipment. The company's products address various water treatment applications for commercial, residential, industrial, and institutional purposes. These applications range from providing purified drinking water through our reverse osmosis self-filling water coolers and under-the-counter systems to equipment for producing water for municipal systems with capacities exceeding 200,000 gallons per day utilizing desalination and reverse osmosis processing equipment.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.