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)
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
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
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
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
ZAGG Inc
(OTC BB:ZAGG)
Current Price (0.80)
www.WallStreetStockReview.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
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