BLAINE, WA 2/8/2008 5:05:00 PM
News / Finance

“Safe Drinking Water Production” Testing Project a Success! (OTCBB:PURO)

 

 

Stocks to Watch: Purio Inc. (OTCBB:PURO) , Powell Industries, Inc. (Nasdaq:POWL), Universal Travel Group (OTCBB:UTVG), ZAGG Inc (OTC BB:ZAGG) , Composite Technology Corporation (OTCBB: CPTC)

 

Featured Stock: Purio Inc.

(OTCBB:PURO)

Current Price (0.55)

www.WallStreetStockReview.com

 

Purio Produces Safe Drinking Water

 

 

BLAINE, WA - Feb 6, 2008 - Purio Inc. is pleased to announce successful lab test results from water samples submitted from its new “Safe Drinking Water Production” testing project. As previously announced on Jan 7, 2008, Purio has undergone this test project to prove its patented technology’s ability to clarify unsafe, contaminated source water as a first step in the economical production of safe drinking water WITHOUT MEMBRANE FILTRATION or Chlorine.

 

Lab test results obtained from Saskatchewan Research Council Lab in Saskatoon

Saskatchewan Canada have confirmed that the Patented Purio Clarification technology, as a primary stage, is as equally capable of clarifying unsafe water for upgrade to safe drinking water, as it is in clarifying residential wastewater for safe discharge or reclamation.

 

Chain of Custody protocol was carefully maintained from test site to lab and the following is a summary of the results:

 

 

Analyte

 

Units

Result:

 

Raw

 

 

Clarified

 

 

Media1

 

 

Media2

 

Sani-

tized

 

Det

Limit

 

Reduction

%

pH

pH

8.03

7.94

7.93

8.03

 

0.07

 

BOD

Mg/l

16

15

12

<3

 

3

81.25

Mg

Mg/l

1.7

1.8

1.8

0.012

 

0.005

>99.99

Turbidity

NTU

367

100

43

0.2

 

0.1

>99.95

E.coli

MPN/100ml

3

 

 

 

N/R

1

100

TotalColiform

MPN/100ml

102

 

 

 

<1

1

>99.99

 

“It’s important to note that we sanitized about 96 USG of drinking water for each 100 gallons of raw water that we processed”, says Maurice Swanson, spokesman for Purio. ”This particular modular clarifier is capable of processing over 10,000 USG of drinking water a day per module, and we’ve got two modules on that skid. Our technical team is not only thrilled with the impressive quality results that we’ve achieved, but we’ve done it with almost no waste. We’re even looking at ways to re-cycle the sludge into fertilizer!”

 

“Now that we’ve proven the versatility of our technology we will turn our attention to the smart design of a family of clarifier sizes to best serve the thirsty world marketplace.”

 

Forward-Looking Statements

This press release “contains forward looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, the expectation and/or claim that: (i)  the closing of the acquisition of Purio will occur; or (ii) the commencement or completion of the water testing project near Prince Albert, Saskatchewan.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, (i) the Company’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; (ii) Purio’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; and (iii) Purio having enough funding to operate its business and retain ownership of its proprietary technology.  These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate.  Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at

 

Contacts:
Shawn Van Damme
Investor Relations
1-877-512-1120

svd@puriowatertech.com

www.puriowatertech.com

 

 

For an in-depth analyst report, please visit: www.WallStreetStockReview.com

 

Powell Industries, Inc.

(Nasdaq:POWL)

Current Price (39.53)

www.WallStreetStockReview.com

HOUSTON, Feb. 6  -- Powell Industries, Inc. (Nasdaq: POWL - News), a leading manufacturer of equipment and systems for the management and control of electrical energy and other critical processes, today announced results for the fiscal 2008 first quarter ended December 31, 2007.                Powell Industries, Inc., headquartered in Houston, designs, manufactures and packages systems and equipment for the control, distribution and management of electrical energy and other dynamic processes. Powell provides products and services to large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, commuter railways and other vehicular transportation facilities. For more information, please visit http://www.powellind.com.

 

Universal Travel Group

(OTCBB:UTVG)

Current Price (2.58)

www.WallStreetStockReview.com

NEW YORK & SHENZHEN, China--Feb 7--Universal Travel Group (OTCBB:UTVG - News), a fast growing travel services provider in China specializing in packaged tours, air ticketing, hotel reservation and air cargo transportation, today announced it has signed an agreement for $3.5 million in financing from three Chinese financial institutions in exchange for 1,301,481 shares of Universal Travel common stock at a price of $2.70 per share. The proceeds will be used exclusively to reduce debt from past acquisitions. The funds are being paid in three installments. The first installment of $600,000 was paid upon execution of the agreement. The second installment of $1.4 million is to be paid no later than February 28, 2008 and the balance, $1.5 million, is to be paid no later than ten days after the filing of the company’s 2007 annual report. The company is under no obligation to register the shares on behalf of the purchasers.                  Universal Travel Group, a fast growing travel services provider in China, is engaged in providing reservation, booking, and domestic and international travel and tourism services throughout China. The company's core services include tour packaging for customers, booking services for air tickets and hotels as well as air cargo transportation. Universal Travel Group has completed acquisitions of Speedy Dragon, specializing in air cargo transportation; Xi'an Golden Net, specializing in travel packaged tours; and Shanghai LanBao, specializing in hotel reservation. In October, UTVG completed the acquisition of Foshan Overseas International, a China-based company that handles domestic and international travel inquiries as well as corporate travel, offering specialized packages that include national and international air ticket booking, hotel reservations, conference center reservations and rental cars. In December 2007, UTVG completed the acquisition of Tianjin Golden Dragon, a company that specializes in domestic and international tour packaging, including planning and organizing conferences, events, tours and transportation for large groups in Tianjin, China. Universal Travel's goal is to become China's leading travel services provider in all fields of tourism industry including the aviation, cargo, hotel booking and tour packaging segments. For more information, visit http://www.chutg.com.

ZAGG Inc

(OTC BB:ZAGG)

Current Price (0.80)

www.WallStreetStockReview.com

SALT LAKE CITY--Feb 7--ZAGG Inc (OTCBB: ZAGG - News), a leading producer of protective coverings and accessories for consumer electronics, today issued the following letter to shareholders: To Our Shareholders: Here is an update on ZAGG:ZAGG will be operationally profitable in the fourth quarter of fiscal 2007 ended December 31, 2007 on revenue of approximately $2 million. We continued our strong revenue growth with 2007 annual revenues in excess of $5 million, representing over an 80% increase from 2006. This pace was difficult to attain in that it taxed our infrastructure systems and front line people. The great employees of ZAGG showed their dedication to the company, its customers and shareholders.                   ZAGG Inc designs, manufactures, and distributes protective coverings for consumer electronic and hand-held devices under the brand name invisibleSHIELD™, worldwide. The invisibleSHIELD is a protective, high-tech film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD is the first scratch protection solution of its kind on the market. Currently, ZAGG offers over 2,000 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company plans to increase its product lines to offer electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information, please visit the company’s web sites at www.ZAGG.com and www.invisibleSHIELD.com.

Composite Technology Corporation

(OTCBB: CPTC)

Current Price (1.29)

www.WallStreetStockReview.com

IRVINE, CA----Feb 7, 2008 -- Composite Technology Corporation (CTC) (OTC BB:CPTC.OB - News) announced today that management plans to host a conference call on Monday the 11th of February at 1:30 PM Pacific time (4:30 PM Eastern time) to discuss results for the Quarter ending December 31, 2007. Analysts and institutional investors may participate by calling 1-800-762-8908, or internationally by dialing +1-480-248-5085. A live audio webcast will be available at http://viavid.net/dce.aspx?sid=00004B95 and the broadcast will be archived and available for replay for one year.               Composite Technology Corporation, through its subsidiaries, engages in the development, manufacture, and marketing of renewable and energy efficient electrical products for the electric utility industry primarily in the United States, Europe, and China. It has two segments, CTC Cable and DeWind. The CTC Cable segment offers Aluminum Conductor Composite Core (ACCC) conductors cables, an overhead electrical transmission conductor for electric transmission and distribution lines; and composite core components of the ACCC conductor and related accessories. The DeWind segment manufactures wind generation turbines under the brand name ?DeWind?. The company also provides consulting services related to the engineering, design, and installation of product sale solutions. It markets its products in the United States and Canadian markets, through a distribution and purchase agreements with General Cable Industries, Inc.; and directly through its subsidiary, CTC Cable Corporation. It has a strategic alliance agreement with TECO-Westinghouse Motor Company. Composite Technology was founded in 1980 and is headquartered in Irvine, California.

 

 

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