Business
Ambient Water Identifies Market Opportunity in Puerto Rico Due to Widespread Water Shortage
Ambient Water Identifies Market Opportunity in Puerto Rico Due to Widespread Water Shortage.
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[{"type":"text","content":"\nAmbient Water Identifies Market Opportunity in Puerto Rico Due to Widespread Water Shortage\n\nAmbient Water Identifies Market Opportunity in Puerto Rico Due to Widespread Water Shortage\n\n\nCompany Seeks to Pursue Implementation of Atmospheric Water Generation Systems to Combat Historic Water Drought Impacting Nearly 2.8 Million Citizens\n\n SPOKANE, WA--(Marketwired - August 18, 2015) - Ambient Water (OTCQB: AWGI), a leading provider of atmospheric water generation systems for extracting water from humidity in the air, today addressed what it perceives as a significant market opportunity to demonstrate the capabilities of their proprietary atmospheric water generation technology systems in Puerto Rico.Recent media reports have indicated \"over half of Puerto Rico is suffering severe drought, and the drought for over a quarter of this territory is extreme.\" This has been attributed to lack of rainfall, a mild hurricane season resulting from El Nino, and a government saddled with significant debt making it difficult to address the challenges of drying lakes, rivers and reservoirs. These facts and others have resulted in over 2.8 million citizens living in parts of the country suffering from either \"extreme\" or \"severe\" drought, according to the National Drought Mitigation Center. Many of these residents are experiencing water \"cut-offs\" and receiving government requests to curtail their use of water. Ambient Water believes its atmospheric water generation systems represent a potential solution for areas of Puerto Rico significantly impacted by the drought. Classified as a tropical marine, the territory is known for its high levels of humidity during certain seasons. Ambient Water technology requires only humidity to produce potable water from thin air, making the family of systems ideal for taking advantage of the Puerto Rican climate. \"We sympathize with our Puerto Rican neighbors who are experiencing similar challenges as those residing in drought starved areas of the United States,\" said Keith White, Founder and CEO of Ambient Water. \"We view this challenge as a tremendous market opportunity for Ambient Water, knowing our technology aligns with the existing climate in Puerto Rico. We believe our technology can significantly impact many of the water-starved regions of the nation, producing potable water at key loc...