Wednesday, July 6, 2011

HydroMaid Signs Disclosure Arrangement with Significant Appliance Service


Corporation Editors


DRAPER, Utah--(Organization WIRE)--Dec. four, 2000


HydroMaid Global Inc. (OTCBB: HYII) Monday declared that it has entered into an agreement with an individual of the most significant appliance firms in the globe giving for confidential disclosure of HydroMaid's patented technologies to help the appliance supplier to check the use of the know-how in dishwashers.


Prototype dishwashers incorporating the HydroMaid technologies have presently been assembled by the appliance enterprise and testing is underway. The prototype item is scheduled for professional review by the appliance company's promotion managers in January 2001, and a ultimate decision with regards to commercializing the prototype is expected to be developed later on that month.


Culley W. Davis, chief executive officer of HydroMaid reported, "I am happy with the progress built in developing the initial prototypes considering the fact that our 1st meeting and believe the final results of the first checks show the viability of applying the HydroMaid technological innovation to technique foods waste in a dishwasher.


"If the final decision is built to transfer forward with the notion, HydroMaid will possible enter into a license arrangement offering the appliance service with world-wide rights to manufacture and distribute dishwashers with proprietary technologies."


Davis also stated, "The use of the HydroMaid engineering for an appliance other than a rubbish disposal represents a substantial expansion of the prospective for HydroMaid's successes."


Additional critical information about any proposed connection with the appliance firm will be forthcoming although, no additionally announcements are anticipated to be built for a multitude of weeks, and HydroMaid has no assurance that any agreement will be reached.


HydroMaid Global Inc. manufactures, markets, and distributes the HydroMaid(TM) disposal -- the only rubbish disposal model driven solely by water pressure. HydroMaid's patented servomechanism conserves electrical power although minimizing the prospective harm to silverware unintentionally dropped into a disposal.


Its patented blades and blade method lower waste into scaled-down particles than other disposals available on the industry, decreasing drain clogging complications and aiding the environment by advertising swifter decomposition of food waste.


The HydroMaid carries an unprecedented life span warranty on the housing and the stainless metal blades, and a 10-12 months pieces and labor warranty on all remaining components, reflecting HydroMaid's confidence in its product's quick design and style and sturdy development.


Selected of the statements herein could be forward-searching that involve challenges and uncertainties.


In this kind of occasions, actual effects could vary materially as a outcome of a number of things such as the dangers related with the effect of changing economic circumstances at residence and overseas, neighborhood and regional policies and laws in the planned goal areas, trends in the industry for the company's products and services, variations in the company's income flow and/or capability to properly distribute its products, availability of enough functioning capital to manufacture and marketplace HydroMaid units, technical improvement dangers, seasonality and other possibility components in depth in the company's Securities and Trade Commission filings.

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