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Freshwater
Technologies Inc., a Wholly Owned Subsidiary of International Development
Corp., is
Positioned to Capitalize on the $4.1 Billion US Nonchemical Water Treatment Market NEW YORK, NY (03/07/05) -- Freshwater Technologies Inc. (FWTI), is a wholly owned subsidiary of International Development Corp. (OTCBB:IDVL). FWTI President Robert Glassen stated, "Freshwater's commitment to provide chemical free water treatment solutions is right in line with the 2004 Frost & Sullivan study 'U.S. Water Equipment and Services Market' (www.water.frost.com) and the Freedonia Group study 'Nonchemical Water Treatment to 2007' (www.info@freedoniagroup.com). Both studies support non-chemical methods such as reverse osmosis, ultra violet, filtration and ozone technologies which are rapidly gaining US market share." The Frost & Sullivan report indicated that the US Safe Water Drinking Act requires that states provide priority funding for projects that protect public health. The Freedonia Group study concluded that the $4.1 billion US non-chemical water treatment industry will grow 7.2% annually through 2007 and was more and more inclined to use UV and ozone generating equipment for individual homes, municipalities and commercial facilities. The goal: to reduce dependence on chlorine and other chemical water treatments. Robert Glassen concluded, "Freshwater Technologies business strategy is to provide our customers with proven, non-chemical water treatment technologies such as ozone and ultra violet with products that are in compliance with the safety standards of the US Safe Drinking Water Act." Freshwater Technologies Inc. provides its customers with state of the art chemical free drinking water solutions as well as water activation technology which removes and prevents scale, rust and corrosion in water treatment systems while increasing energy efficiency, reducing maintenance costs and prolonging equipment life. 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 filed with the Securities and Exchange Commission. Freshwater Technologies Inc.
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Environmental Business |
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Environmental Business |
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3450 Palmer Dr. #4-264 |
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