$HIPH - *News Release Today !!!!* - COVID- 19: Cha
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Newsfile
Newsfile Corp.
,Newsfile•August 20, 2020
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 20, 2020) - Investorideas.com, a leading investor news resource covering water (Water-Stocks.com) and technology stocks releases a special report looking at how the COVID-19 pandemic has placed new stresses on global sanitization needs which in turn is forcing companies to innovate and find more effective and cost efficient systems and solutions.
As CNBC recently stated, "The coronavirus pandemic is altering every aspect of how we live, especially what we want from our homes. Beyond design and space, housing cleanliness is now paramount. New technology that claims not just to clean, but sanitize our living spaces is in high demand."
Businesses are also on the hunt for effective sanitization technologies to make customers feel safe and comply with new standards. An astute industry leader from Singapore thinks he may have found a solution.
Read the full water stocks article on Investorideas.com
https://www.investorideas.com/news/2020/water...nology.asp
A long time player in the water industry, American Premium Water Corporation (OTC: HIPH) recently announced that it has entered into an investment and distribution agreement with BioHealth Water Inc., a newly formed, wholly-owned subsidiary of Singapore eDevelopment Limited (SGX: 40V). BioHealth Water has acquired 9.99% of the total issued and paid-up stock capital of the Company, as well as both exclusive international distribution rights and non-exclusive domestic distribution rights for the Company's products. BioHealth Water will focus on distributing the Company's aerosolized sanitizing machines throughout hospitals and hotels in Singapore, as well as focusing on distributing to businesses affected by the pandemic. The Company will also develop and launch two new products using its proprietary Hydro Nano technology.
Ryan Fishoff, CEO of American Premium Water commented, "I am excited to announce the investment and partnership agreement with BioHealth Water. This is a monumental deal for the company, as it solidifies the beginning of a partnership for American Premium Water that will execute many of the strategic initiatives that I established at the beginning of the year. I have always believed that our proprietary Hydro Nano technology is a unique and undervalued asset that the company possesses, and I believe that this transaction validates the power of this technology."
The Company announced in April that it developed a prototype of an aerosolized sanitizing machine using its proprietary Hydro Nano technology. In addition to this device, American Premium Water will be producing two new proprietary products utilizing their Hydro-Nano technology: Nano Energy Water, which creates natural energy by increasing blood flow upon ingestion, and Nitrous Oxide Energy Shots, a natural alternative to caffeine which stimulates the blood vessels to expand, resulting in increased blood flow and stimulation after ingestion. Both products are expected to be released later this year.
Chan Heng Fai, Chairman and CEO of Singapore eDevelopment commented, "I am very excited to partner with American Premium Water and its management team. American Premium Water has extraordinary technology that can create products with real impact. I look forward to working with Ryan and his team to create many new products utilizing their technology to be sold across our HWH global distribution network (www.hwhworld.com). Right away I see a lot of opportunities with the sanitizing machine. There are so many small businesses that need a product to help bring back a sense of normalcy, especially to restaurants, stores, and other retail-based businesses. This agreement is the start of what I foresee to be a very prosperous relationship. I see a lot of potential growth for American Premium Water, and I believe with the help of our team we can make this another successful turnaround like other companies in which we have invested."
Chan Heng Fai is an experienced veteran of entrepreneurship and business who has successfully restructured over 35 companies in different industries and countries. His outstanding experience in managing funds is marked with an impressive track record spanning over 40 years.
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