VANCOUVER, BC, Jan 10 (MARKET WIRE) --
As previously announced, Purio Inc. (the "Company") (OTCBB: PURO) has entered
into a Share Exchange Agreement (the "Agreement") with Purio Environmental
Water Source, Inc. ("Purio"), a private Nevada corporation, and the
shareholders of Purio for the acquisition of Purio.
Purio Environmental Water Source, Inc. has entered into a license
agreementwith UltraSafe Water Source for the marketing and distribution of
UltraSafe's comprehensive line of in home drinking water purification equipment
in
Canada and the United States.
Purio will be the only distributor of the equipment which consists of a
topof the line, under the counter, reverse osmosis water purification system
under
the brand name of Guardian and complementary products such as shower filters.
"The opportunity to have access to this type of equipment complements our
larger proprietary commercial systems for water purification and extends our
market reach into homes and small businesses across North America," said Daryl
English, President and spokesman for the Company. Mr. English went on to say
that "there is increasing concern by city and town dwellers alike about the
quality and cost of bottled and tap water available to them. The UltraSafe
clearly answers this concern in an environmentally friendly way."
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
www.sec.gov.
www.puriowatertech.com
Contacts:
Shawn Van Damme
Investor Relations
1-877-512-1120
svd@puriowatertech.com
Copyright 2008, Market Wire, All rights reserved.
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