11.13.2008
PLAINVIEW, N.Y.--(BUSINESS WIRE)--
Leslie Kessler, Chief Executive Officer of Water Chef Inc. (OTC BB: WTER - News) is pleased to announce the execution of a letter of intentions with Mekorot Development and Enterprise Ltd. (Mekerot D&E), a wholly owned subsidiary of Mekorot, the National Water Company of the State of Israel.
Senior representatives of both companies met in Israel on October 27 – 29 and confirmed the desire for a cooperative effort to establish a marketing and technical assistance relationship between Water Chef and Mekerot D&E.
The letter of intentions contemplates further discussions between the respective companies on creating a joint marketing alignment to market the Water Chef PureSafe product in Israel and globally as part of Mekerot D&E’s “Security Plan Design” method. In parallel, water Chef will assist in promoting and marketing Mekorot D&E in the U.S.A.
Prior to executing the letter of intentions, Mekerot D&E reviewed the PureSafe unit test results conducted under the direction and supervision of Hidell-Eyster International, a consultant to the Company.
The PureSafe unit will undergo additional comprehensive testing conducted by Mekorot at its facilities in Israel.
Ms. Kessler indicated that this is another step towards commercialization of the PureSafe product.
From time to time, information provided by the company (including; but not limited to this release), statements made by its employees or information included in its filings with the Securities and Exchange Commission may contain "forward -looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, the company claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology development and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitation, its Form 1-KSB and Forms 10-QSB.
The company does not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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