Ambient Water Comments on Water Scarcity as Global Climate Change Poses Economic and Security Threat Around the World
SPOKANE, WA--(Marketwired - December 16, 2015) -
(OTCQB: AWGI), a leading provider of atmospheric water generation systems for extracting water from humidity in the air, today commented on recent discussions between world leaders as climate issues such as water scarcity and drought take center stage heading into 2016. The global water crisis is now seen as a major threat to human security and economic stability, and world leaders at the 2015 United Nations Climate Change Conference in Paris believe current global climate issues will only exacerbate those water concerns.
Much of the concern is for Third World countries who have neither the funds or infrastructure to adapt to climate change. Areas of Africa and the Middle East have fallen victim to desertification and drought, leading to conflict over food and water, or large groups of refugees fleeing for new places to live. Regions in the Pacific fall victim to extreme storms, often wiping out water and food supplies while leaving citizens susceptible to illness and famine.
"Water is one of our most precious resources. You literally need it to live. So these shortages and extreme droughts are causing some instable situations in areas where people are literally fighting for their lives to get what they need to survive," said Keith White, CEO, Ambient Water. "If we don't begin to address the water scarcity issues that currently persist, we will only see an increase in economic and security issues moving forward. People will continue to flee and put pressure on other economies, while those regions whose economies depend on water for agricultural reasons will suffer."
It's not only Third World countries where change is sought. Solutions are also needed in more established areas, like Latin America and the United States, both of which have regions suffering through years-long drought. This has had a tremendous effect on the agricultural industry in both regions, creating some economic concern as crop production falls while demand remains steady, causing an increase in price for goods. California is entering its 5th consecutive year of drought and has already dedicated $5 million to help develop water solutions within the state in 2016.
"It's time for world leaders to take a hard look at technologies available as solutions to the planet's water crisis. We are in too deep to rely on conservation alone. If action isn't taken soon, we're going to see many citizens across the globe in danger," continued White. "We believe our atmospheric water generation technology can be an instrumental part of the water relief solution. Not only can it be used to create a sustainable water resource, but also as the driving force behind vertical farming structures, resulting in both food and water sources that can sustain many. We look forward to continuing to showcase our technology while having more positive conversations with government leaders to discuss how Ambient Water can be a part of the global solution."
Ambient Water's patented atmospheric water generation technology literally makes water out of thin air, transforming humidity into an abundant source of clean water near the point of use. With multiple systems already commercially available or in development, the Company's technology produces clean and fresh water for a host of commercial industries, including oil and gas exploration and farming, while also providing fresh drinking water for homes, offices, and communities.
About Ambient Water Corp.
Ambient Water pioneered atmospheric water generation technology for extracting water from humidity in the air. Drawing from the renewable ocean of water vapor in the air that we breathe, the Company's patented technology cost-effectively transforms humidity into an abundant source of clean water near the point of use. The scalable and modular systems can be configured for a number of water-sensitive applications ranging from oil and gas exploration to vertical farming. The systems can also be configured to produce high quality drinking water for homes, offices, and communities. For a thirsty planet on the verge of a water crisis, Ambient Water makes clean water out of thin air. To learn more about Ambient Water, visit our website at http://www.AmbientWater.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently and other factors detailed in reports filed by the Company.
Source: Marketwired (Canada)
(December 16, 2015 - 3:00 AM EST)
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