[b]$ESIV[/b] massive news out! [b]Essential Innovations Announces Exclusive Agreement for Dubai and the UAE[/b]
Hong Kong - (Accesswire - August 26, 2013) - Essential Innovations Technology Corp. (ESIV) is pleased to announce that it has secured exclusive representation rights to Dubai and the United Arab Emirates (UAE) for the entire line of HVAC equipment manufactured by Mammoth China.
Jason McDiarmid, CEO, said, "We have contracted for the exclusive rights to sell the complete line of Mammoth China equipment in Dubai and the UAE. These are some of the most progressive and well financed development markets in the World, and there exists in particular, a distinct interest in the application of heat pump technology to efficiently service and supply the substantial cooling demand. We expect to achieve a minimum of $1,000,000 USD worth of product sales in this collective territory through the end of calendar 2014. To further enhance our market penetration efforts in the region, we are in the latter stages of negotiations towards finalizing the structure of a joint venture company in Dubai that will help to ensure the success of our sales initiatives. It is our intent to expeditiously secure and close on the formation of this joint venture company prior to the end of August 2013. We stand poised to effectively meet the significant demand for HVAC equipment that this hugely active construction environment provides."
About the Company:
Essential Innovations is driven to provide eco-friendly lifestyle enhancement solutions for the betterment of energy, water, air and health. The Company holds the exclusive global manufacturing, distribution and applications rights to the 'Eximius Technologies - Extraordinary solutions for an ever-changing World'. The Company is recognized around the World as a leader in the deployment of comprehensive, customized, renewable energy and environmental solutions with particular emphasis given to the application of water source and/or geothermal heat pump technology. The Company has the resources and direct relationships in place globally to take projects of solar, wind, geothermal, waste and bio-fuel sources, water treatment/purification or desalination of most any size and scope from vision to reality.
For more information contact:
Essential Innovations Technology Corp.
Tel: 852-2910-7828
Forward-Looking Statements
This news release contains "forward-looking statements," as defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements, which are not purely historical, regarding beliefs, plans, expectations or intentions (such as those relating to future business, future results of operations or financial condition, new or planned features or services, or management strategies). You can identify these forward-looking statements by words such as "may," "will," "would," "should," "could," "expect," "anticipate," "believe," "estimate," "intend", "plan" and/or any other such similar expressions. The Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results could differ from those presented. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our periodic reports filed from time to time with the Securities and Exchange Commission.
