2005-10-12 11:15:01 International Development Corp. Signs Licence Agreement With Wataire Industries Inc. to Market and Distribute Wataire's Atmospheric Water Generators in the United States
NEW YORK--(BUSINESS WIRE)--Oct. 12, 2005-- International Development Corp. (OTCBB:IDVL) announced today that it has completed negotiations with Wataire Industries Inc. (Pink Sheets:WTAF) and has signed a licence agreement to market and distribute the Wataire atmospheric water generators in the United States. IDC will build a successful management team with industry experience and the managerial capability to market and distribute Wataire's atmospheric water generators. The timing is right to introduce Wataire's market ready technology, given that there is growing public and regulatory demand for clean, safe drinking water. Availability and safety of drinking water supplies are a major economic and health concern of consumers, driving the increasingly growing demand for alternate water solutions such as Wataire's technology and bottled water solutions. Learn more about Wataire's innovative technology at http://www.wataireindustries.com/.
Forward Looking statements in this release are made pursuant to the " safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports files with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES CANADA INDUSTRY KEYWORD: NATURAL RESOURCES ENVIRONMENT RETAIL FOOD/BEVERAGE SPECIALTY CONSUMER CONTRACT/AGREEMENT SOURCE: International Development Corp.
CONTACT INFORMATION: International Development Corp. Max Weissengruber, 416-490-0254