TORONTO, Feb. 21, 2023 (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 ( further to its press release of March 29, 2022 ) that the Company’s Chinese subsidiary (in which the Company holds a 73% interest), IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd. (” IAT Shanghai “), is in the final stages of installing a 30 hectares turnkey blueberries irrigation project in the province of Yunnan, China. The project, a repeat order from an existing client, utilizes precise irrigation and fertigation technology allowing for accurate and efficient distribution of water and nutrients to the blueberry plants.
Ohad Haber, Chairman and Chief Executive Officer, commented: “We are currently increasing our focus on building our reputation for irrigation of high yield crops, especially blueberries. This is our fourth blueberry smart irrigation system that we have delivered in China and a repeat order from an existing client. We believe that the system ensures that our growers can provide high-quality blueberries to meet the increasing demand in the market. Following the success of this project, we expect to see significant growth in our smart agricultural solutions for the blueberry business.”
About Water Ways Technologies
Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies 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, Water Ways Technologies’ main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies 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. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberry, Medical Cannabis growers, fresh produce cooling rooms and more, in over fifteen countries.
For more information, please contact
| Ronnie Jaegermann | Dor Sneh | Dr. Eva Reuter |
| Director | CFO | Investor Relations – Germany |
| T: +972-54-4202054 | T: +972-54-6512500 | +49 69 1532 5857 |
| E: ronnie@waterwt.com | E: dor@irri-altal.com | E: e.reuter@dr-reuter.eu |
https://www.water-ways-technologies.com/
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