Pure H20 Bio-Technologies, Inc. Announces Letter of Intent From H.M. Northcutt Corporation For Product Installation and Service
19 May 2009 - 10:31PM
Business Wire
Pure H2O Bio-Technologies, Inc. (Pink Sheets: PRHB) announced
today its receipt of a letter of intent from H.M. Northcutt
Corporation, regarding the installation, monitoring and service of
the first 100 Hospital Potable Water Disinfection Systems, Model
7000 as described below in Pure H20�s Pilot Program.
H.M. Northcutt Corp, located in Mt. Pleasant, South Carolina, is
a company with 33 years of experience specializing in sales,
installation and service of innovative water equipment. For
additional information visit web-site: www.hmnorthcutt.com
Upon final National Sanitation Foundation (NSF) certification of
Pure H20�s integrated Hospital Potable Water Disinfection System,
Model 7000, the parties shall enter into a formal agreement
detailing the objectives of Pure H20�s Pilot Program, defining the
territories of installation in medical facilities within the states
of Florida, Georgia and the Carolinas, monitoring and determining
replacement and service costs.
In the letter of intent dated May 13, 2009, addressed to Mr.
Joseph P. Doxey, President of Pure H20 Bio-Technologies, Inc., Mr.
Charlie Northcutt, President of H.M. Northcutt Corp stated, �We are
proud of our track record in the water treatment industry. You and
your stockholders can rest assured of professional installation and
service through the H.M. Northcutt Corporation.
About Pure H20
Bio-Technologies, Inc.
Pure H2O recently completed its bench, kinetic and
pre-certification testing of its innovative drinking water
treatment system with outstanding results. Mr. Joseph Doxey,
President of Pure H2O, stated, �We want to welcome Charlie
Northcutt, H.M. Northcutt Corp., Gary Schmidt, Wes Com Capital and
Mike N. Brette, J.D. of The Wall Street News Hour to our team of
accomplished professionals. I am confident we are building a strong
and proven team to accomplish our goal of bringing our Hospital
System to market.� The Company was awarded patent #7250111, and has
two additional patents pending at this time that are under review
with the U.S. Patent and Trademark Office, Washington, D.C.
PILOT PROGRAM:
Participant Revenue Sharing Agreement (�PRSA�) for its first 100
manufactured Integrated Hospital Potable Water Disinfections System
known as Model 7000.
The Pilot Program is designed to offer an opportunity that
benefits all parties involved. It allows the Company to seek
additional capital in the form of participants sharing revenues
generated from intended lease, rental or purchase agreements; it
allows the Company to seek capital through government financial
assistance programs for skilled workers, equipment and expansion.
It allows the commencement of manufacturing the first 100 Hospital
Systems; allows expediency in regard to our micro�team, engineering
team, laboratories, government agencies and officials; it allows a
financial opportunity for investors to receive conservative returns
and allows the Company to absorb expenses associated with NSF
Certification without further dilution to shareholders.
Visit our web-site at www.pureh20biotech.com.
The �Participant Revenue Sharing Agreement� (�PRSA�) can be
viewed on the Company�s web-site under title �Pilot Program�.
Further information has been uploaded for the serious professional
including (i) Technical Production Video, (ii) Written Video
Script, (iii) Question & Answers produced by Special Report
T.V. and (iv) Description of the Hospital Potable Water
Disinfection System, Model 7000.
To learn more about our Pilot Program or for additional
questions call Mr. Gary Schmidt at Wescom Capital, Inc.�(206)
420-5710 or write to Mr. Schmidt via email at
gls@wescomcapital.com.
The Company will be announcing its progress on a regular basis
and will continue to keep its shareholders apprised through these
stages. Visit our web-site for updates and to view our Pilot
Program at www.pureh20biotech.com.
The foregoing press release contains forward-looking statements
that can be identified by such terminology as "expects,"
"potential,� suggests," "may," "intends," or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations regarding future research,
development and/or commercial results could be affected by, among
other things, uncertainties relating to the availability of future
financing; unexpected regulatory delays or government regulation
generally; the company's ability to obtain or maintain patent and
other proprietary intellectual property protection; and completion
in general. Forward-looking statements speak only as to the date
they were made. The company does not undertake to update
forward-looking statements to reflect circumstances or events that
occur after the date the forward-looking statements are made.
Pure H2O Bio Technologies (CE) (USOTC:PRHB)
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