LINDON, Utah, Sept. 20, 2005 (PRIMEZONE) -- Electric Aquagenics Unlimited, Inc. (EAU) (OTCBB:EAQU) today announced that it has licensed the exclusive rights to market its Empowered Water(tm) and protectant technologies and other products and services to Water Sciences, LLC (WS) for Central, South America, including Mexico. WS paid one million dollars ($1,000,000) for the right to market and distribute EAU's products and services in Latin America. EAU will also receive a royalty on certain of WS revenues.
WS also made a three million dollar ($3,000,000) strategic investment in EAU. "This is a significant turning point and milestone for our company," said Gaylord Karren, EAU's Chairman and CEO. "Water Science's management is extremely competent, visionary and very successful. In our business experience, we have never met a group of people that has caught the vision and embraced the technology as well as Water Science's management." Water Sciences intends to enter the Latin America marketplace with EAU's Empowered Water(tm) technologies in the fresh cut flower markets.
About EAU:
Electric Aquagenics Unlimited, Inc. (EAU) is a supplier of technologies with numerous applications targeting a wide array of industries. The company's water-based and non-toxic products and services will replace many of the traditional methods and products now being used for cleaning, disinfecting, hydrating and moisturizing. EAU has solutions for existing bacteria, virus and mold proliferation threats. EAU continues to document test results in the food processing, mold remediation and carpet cleaning industries, demonstrating unprecedented pathogen killing effectiveness. At the acidity levels that EAU employs, testing results demonstrate zero toxicity throughout every application. For more information, call Joe Stapley at (866) 302-3289 visit www.eau-x.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.