PALM SPRINGS, Calif., Oct. 24, 2007 (PRIME NEWSWIRE) -- Aquentium, Inc. (OTCBB:AQNM) announced today that the company has on display at its corporate office in Palm Springs, California its first low-cost housing model unit. Aquentium is planning a total of nine model units ranging from 144 square feet to 2,000 square feet.
The Aquentium SIP housing system is designed to produce low-cost housing for the USA and developing countries in the Asia Pacific Region such as the Philippines, India, Malaysia, Vietnam and Thailand. Additionally, Aquentium plans on focusing its low-cost housing efforts in Mexico and countries in South America, Africa and Eastern Europe. Estimates have housing demand in the South-East Asia Region alone to be in excess of 10 million homes per year.
"Our SIP technology is designed to have great benefits for people throughout the world by being a cost effective housing system all around the world," stated Aquentium President Mark Taggatz.
The Aquentium SIP technology helps solve another of the major problems facing developing countries as this affordable quality low cost housing can be mass produced locally. The building system is unique in design and method of manufacture being strong enough to meet he highest world standards and simple in design so as it produces substantial savings of time and in building construction costs.
About Aquentium
Aquentium is a diversified publicly traded company with interests in low income, emergency and re-deployable housing, mining, food safety, building materials & construction, recycling, sanitation, ozone technology, and water treatment.
Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. There can be no assurance that such forward-looking statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.