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GlobeNewswire

Apple Grove Irrigation
Apple Grove Irrigation GNW

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TORONTO, Oct. 24, 2022 (GLOBE NEWSWIRE) — Water Methods Applied sciences Inc. (TSXV: WWT) (FRA: WWT) (“Water Methods” or the “Firm“), a world supplier of Israeli-based agriculture expertise, offering water irrigation options to agricultural producers, pronounces that its Canadian subsidiary, Heartnut Grove WWT Inc.(“HGWWT“), primarily based in Mt. Brydges Ontario, obtained a second order to design and assemble a whole sensible irrigation and fertigation undertaking from an current buyer. The apple rising undertaking, in Southern Ontario, consists of an space of roughly 22 Hectares (about 54 Acres). The undertaking, with a sale worth of CAD$202,000, will use the newest Israeli drip irrigation expertise and is designed by Water Methods’ engineers. HGWWT expects to ship and set up the undertaking in This fall of 2022 and Q1 of 2023.

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Ohad Haber, Firm’s Chairman and CEO commented: Our funding and efforts to penetrate the Canadian irrigation market with Israeli sensible irrigation expertise have gotten profitable. That is the second undertaking we’re finishing up this yr and will have extra orders by the tip of the yr.”      

Apple Grove Irrigation

Apple Grove Irrigation

About Water Methods Applied sciences

Water Methods Applied sciences Inc., by way of its subsidiaries, is a world supplier of Israeli-based agriculture expertise, offering water irrigation options to agricultural producers. Water Methods Applied sciences competes within the world irrigation water programs market with a deal with creating options with industrial functions within the micro and precision irrigation segments of the general market. At current, Water Methods Applied sciences’ essential income streams are derived from the next enterprise models: (i) Initiatives Enterprise Unit; and (ii) Part and Tools Gross sales Unit. Water Methods Applied sciences is capitalizing on the alternatives offered by micro and sensible irrigation, whereas additionally making a constructive mark on society by making these applied sciences extra broadly obtainable, particularly in creating markets equivalent to Africa and Latin America and developed markets equivalent to China and Canada. Water Methods Applied sciences irrigation tasks embody vineyards, Cotton fields, Apple and Orange orchards, Blueberry, Medical Hashish growers, contemporary produce cooling rooms and extra, in over fifteen international locations.

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For extra info, please contact

Ronnie Jaegermann          Dor Sneh       Dr. Eva Reuter
Director          CFO        Investor Relations – Germany
T: +972-54-4202054          T: +972-54-6512500       +49 69 1532 5857
E: ronnie@waterwt.com         E: dor@irri-altal.com       E: e.reuter@dr-reuter.eu
                   

https://www.water-ways-technologies.com/

https://www.hg-wwt.com/

Twitter: @WaterWaysTechn1

Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

Ahead-Wanting Statements

Sure statements contained on this press launch represent “forward-looking info” as such time period is outlined in relevant Canadian securities laws. The phrases “might”, “would”, “might”, “ought to”, “potential”, “will”, “search”, “intend”, “plan”, “anticipate”, “imagine”, “estimate”, “count on” and comparable expressions as they relate to Water Methods. All statements apart from statements of historic reality could also be forward-looking info. Such statements mirror Water Methods’ present views and intentions with respect to future occasions, and present info obtainable to Water Methods, and are topic to sure dangers, uncertainties and assumptions. Materials elements or assumptions have been utilized in offering forward-looking info. Many elements might trigger the precise outcomes, efficiency or achievements that could be expressed or implied by such forward-looking info to differ from these described herein ought to a number of of those dangers or uncertainties materialize. Ought to any issue have an effect on Water Methods in an surprising method, or ought to assumptions underlying the forward-looking info show incorrect, the precise outcomes or occasions might differ materially from the outcomes or occasions predicted. Any such forward-looking info is expressly certified in its entirety by this cautionary assertion. Furthermore, Water Methods doesn’t assume duty for the accuracy or completeness of such forward-looking info. The forward-looking info included on this press launch is made as of the date of this press launch and Water Methods undertakes no obligation to publicly replace or revise any forward-looking info, apart from as required by relevant legislation. Water Methods’ outcomes and forward-looking info and calculations could also be affected by fluctuations in change charges and its personal share costs. All figures are in Canadian {dollars} until in any other case indicated.

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