LINDON, Utah, Jan. 24, 2006 (PRIMEZONE) -- Electric Aquagenics Unlimited, Inc. (EAU) (OTCBB:EAQU), the emerging provider of "Green Chemistry" to numerous industries including, but not limited to, food processing, agriculture and consumer products, today announced that it intends to change its name to EAU Technologies, Inc. The name change reflects the continued evolution of the company as it develops current markets and incorporates its products and technologies into other markets with new product offerings.
"Two years ago we identified eight different markets that we felt would receive our electrolyzed oxidative water technology (EOW technology). We started in the live beef and poultry processing industries, knowing that the current toxic and archaic methods of cleaning and sanitizing could be replaced by our non toxic and efficacious EOW technology. Simultaneously we attacked the living surfaces industry and introduced our Perfect Empowered Drinking Water(tm) and Aquagen oxygen supplement products into the consumer markets. We have now narrowed our focus to three major industries that we will pursue this year: live processing, consumer products and agricultural," said Gaylord Karren, EAU's CEO.
"Through a joint venture relationship we acquired the remarkable Perfect Hand Sanitizer and Protectant(tm) product that we introduced last year through ABC's 'Sean Hannity Radio program,' where it was well received. Late last year we formed a strategic alliance with Dr. William Jackson and began marketing his excellent organic products that stimulate plant and animal growth naturally. We see a very big market opening up with these products. Thus, the name Electric Aquagenics Unlimited no longer fits the current evolved state of our company. EAU Technologies better reflects our company, our products and our future," said John Hopkins, EAU's President.
Electric Aquagenics Unlimited, Inc. has been doing business under the name "EAU Technologies, Inc." since January 1, 2006, and will seek formal shareholder approval to change its legal name to EAU Technologies, Inc. EAU's stock trading symbol will remain EAQU.
About EAU
EAU Technologies, Inc. (EAU) is a supplier of Electrolyzed Oxidative Water Technology (EOW Technology) and other complementary technologies with applications in diverse industries. EAU's water-based and non-toxic EOW Technology will replace many of the traditional methods now used to clean, disinfect, protect and nourish in large industries such as agriculture and food processing. EAU has solutions for existing bacteria, virus and mold proliferation threats. EAU document test results in the food processing, mold remediation, and agricultural industries that demonstrate unprecedented pathogen killing effectiveness. EAU continues to add innovative and efficacious products that offer a systemic approach to pathogen elimination in processing plants and related industries by treating not only surface contamination without toxicity but also the plant soils and animal foods thereby producing safer foods and protecting the environment through "Green Chemistry". Customers that adopt EAU's systemic program benefit from higher crop yields, greater animal productivity and less spoilage. EAU's consumer products, from its Perfect Empowered Drinking Water(tm) to its oxygen therapy products, effectively hydrate and provide needed oxygen to the body and are now found in specialty and retail grocery stores throughout the country. For more information, call Joe Stapley at (866) 302-3289 visit http://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.