TORONTO, Oct. 04, 2022 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces that it has received an additional order to deliver smart irrigation equipment to a blueberry grower in Mexico (see press release dated May 4, 2022). The total value of the order is C$180,000. Water Ways expects to recognize revenue and deliver the order in Q4 of 2022.
Ohad Haber, Chairman and Chief Executive Officer, commented: “Our business in Mexico is increasing and we expect additional orders still this year.We are gaining vast experience and know-how in the blueberries sector and providing blueberry farmers with smart irrigation equipment and knowledge.“
Blueberry Smart Irrigation
About Water Ways Technologies Inc.
WWT through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. WWT competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, WWT’s main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. WWT is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. WWT’s irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberry, Medical Cannabis growers, fresh produce cooling rooms and more, in over fifteen countries.
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