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RAKR news out Rainmaker Worldwide delivers its fir

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Post# of 38635
(Total Views: 28)
Posted On: 09/25/2018 9:00:58 AM
Posted By: i_like_bb_stock
RAKR news out Rainmaker Worldwide delivers its first Air-to-Water unit to Sri Lanka to assist with water crisis in drought prone country
Press Release | 09/25/2018
PETERBOROUGH, Ontario, Sept. 25, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Rainmaker Worldwide (OTC:RAKR), working with its local partner, Rainmaker Water PVT Ltd., has delivered its first innovative Air-to-Water unit to Colombo, Sri Lanka, to make preparations for the production of clean bottled water to districts affected by drought as they lack access to clean drinking water.

Rainmaker’s core Air-to-Water technology will be combined with Rainmaker Water PVT Ltd.'s state-of-the-art water bottling facility, located in Sri Lanka's capital, to meet the needs of the most water scarce communities. With one generator, Rainmaker can produce 3.6 million 500mL bottles annually. Rainmaker Water PVT Ltd., has invested significantly in the local bottling facility, with the intent to build multiple facilities throughout the South Asian country.

To improve the efficiency and output of the Air-to-Water unit, Rainmaker recently worked with world-renowned technical partner Optimized Thermal Systems Inc., a leader in groundbreaking research, experimentation and development within the HVAC and refrigeration industries, located in Beltsville, Maryland.

“We believe that the potential for Rainmaker Worldwide products through our partnership is unlimited. The need for fresh water in Sri Lanka, in particular during certain flood and drought periods, is very high. We look forward to working with the Rainmaker Worldwide team to meet this demand in the coming months and years,” said Ranil Somaweera, CEO of Rainmaker Water PVT Ltd.

Sri Lanka has been plagued with rainfall shortages for almost the entirety of 2016; according to Reuters, some districts witnessed a 60 to 70 per cent reduction in average annual rainfall. As the weather becomes more extreme, the nation finds itself increasingly in an exhausting pattern of alternating between drought and floods, both of which can lead to shortages of clean water.

According to the U.S. National Library, other depletion and degradation of water in Sri Lanka is caused by various man-made activities, with surface inland waters in urban areas polluted heavily with domestic and industrial sewage, and in rural areas with agricultural runoff. Ground water in certain areas of the country's dry zone comes with high fluoride content, while hard, rocky, alluvial areas, struggle with high concentrations of iron. Biological contamination of ground water is plaguing the country's overcrowded urban cities, while over-utilization, particularly through tube wells, is another major issue affecting Sri Lanka's ground water resources.

Michael O’Connor, President and CEO of Rainmaker Worldwide, said, “Sri Lanka's climatic conditions are ideally suited to our newly designed Air-to-Water units. We are very excited to provide dynamic solutions to critical nation-wide water needs together with our dedicated local partners.”

About Rainmaker Worldwide Inc.

Rainmaker Worldwide Inc. (OTC:RAKR) is headquartered in Peterborough, Canada, with an innovation and manufacturing center in Rotterdam, Netherlands. Our patented water technology provides economical drinking water at scale wherever it’s needed. Rainmaker builds two types of energy-efficient, fresh water-producing technologies:

Air-to-Water, which harvests fresh water from the air
Water-to-Water, which transforms seawater or polluted water into drinking water
Our technology is both wind and solar powered, is deployable anywhere, and leaves no carbon traces. We also offer options for hybrid, grid and diesel-powered models.

Air-to-Water units are available in three standard sizes, producing 5,000, 10,000 or 20,000 liters of drinking water per day. Water-to-Water units are also available in three standard sizes producing 37,500, 75,000 or 150,000 liters per day. This makes our units suitable for communities of 200 to 30,000 people, depending on number of units deployed.

Our goal is to become a global leader in solving the worldwide water crisis. Simply put, we are creating safe drinking water where little or none exists.

Interested parties can access additional information about Rainmaker on the company’s website located at www.rainmakerww.com.

About Rainmaker Water PVT Ltd.

Rainmaker Water PVT Ltd. is a Sri Lankan Preferred Partner of Rainmaker Worldwide Inc. The principals have a considerable track record bringing key technology to Sri Lanka from North America and Europe. Recognizing that ready access to clean water is a basic cornerstone for the growth and prosperity of the country, Rainmaker Water PVT Ltd. is positioning itself as a significant contributor to solving Sri Lanka’s current water crisis.

Forward-looking Statements

Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.

For more information please contact:

Rainmaker Worldwide Inc.

Michael O'Connor

info@rainmakerww.com

+1-877-334-3820


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