VANCOUVER, British Columbia, Feb. 10, 2006 (PRIMEZONE) -- Wataire Industries Inc. (Pink Sheets:WTAF) is pleased to announce that the notice of special meeting and proxies have been forwarded to all Shareholders, and would like to encourage all shareholders to complete and return them for the special meeting to be held on March 24, 2006, for the purpose of determining if there is approval of the Board Resolution, announced January, 17, 2006, to declare a two for one forward stock split. If approved, all Shareholders of Record up to and including March 24, 2006, will participate in the forward split, and the Company's Transfer Agent will be instructed to print and deliver the additional Share Certificates.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
The Wataire Industries Inc. logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=2286