VANCOUVER, CANADA, May 07, 2019 (GLOBE NEWSWIRE) -- QUEST WATER GLOBAL, INC. (OTC Pink: QWTR) ("Quest" and/or the "Company"), an innovative water technology company and developer of the solar-powered AQUAtap™ water purification, desalination, and distribution technology and the WEPS™ WaterMaker Atmospheric Water Extraction and Purification System, announced today that the Company has signed a Partnership Agreement with Dikembe Mutombo’s American Venture Group, LLC (“AVMA”).
The agreement with AVMA furthers the Company’s expansion of its Build-Own-Operate business model strategy. As an international facilitation firm, AVMA utilizes its global network of social, political, and business relationships in order to develop and further enhance industry opportunities that strengthen new and developing technologies, industries, products and services. AVMA maintains strong relationships worldwide with government leaders and industry principals along with numerous Non-Governmental Organizations (NGOs) and sustains a strong presence worldwide, especially throughout Africa.
“AVMA brings a global value to the Partnership by connecting with world leaders to develop and expand business opportunities,” said John Balanko, Quest’s CEO & President. “American Venture Group and Quest Water Global are well-aligned in their vision of delivering clean, safe water to underserved populations, building capacity & resilient communities, and creating much needed jobs in the process.”
AVMA’s principals include Dikembe Mutombo, Founding Partner, Richard Hoffman, CEO & Founding Partner, and Maryan Ali, Founding Partner. Dikembe Mutombo, a former National Basketball Association (NBA) eight-time All Star and Hall of Famer, was one of the best defenders in the league’s history. Off the court, Dikembe has been noted as one of the most charitable players to have ever played the game. Giving back has always been a trademark of Dikembe’s personality, and he is known for his humanitarian work, focusing to improve the health, education and quality of life for the people in the Democratic Republic of the Congo and throughout Africa. In 2009, Dikembe was named the NBA’s Global Ambassador, a role that saw him travel the world to celebrate the sport and take part in charitable events.
“Securing a strong water technology partner is a critical milestone for AVMA. We plan to capitalize on our relationships with Presidents and Ministers of several African countries to secure Public-Private Partnerships which will see the installation of 100’s of Quest’s AQUAtap™ systems, ultimately bringing clean water to these water scarce nations,” said Mr. Mutombo. “This will be an extension of the work that my Dikembe Mutombo Foundation is currently doing within Africa.”
About Quest Water Global, Inc.
Quest Water Global, Inc., through its wholly-owned operating subsidiary Quest Water Solutions Inc., is an innovative water technology company that provides sustainable and environmentally sound solutions to water scarce regions. We use proven technologies to create economically viable products that address the critical shortage of clean water in water-scarce regions and developing nations. Quest’s goal is to address the vital issue of water quality and water supply by providing an alternative, sustainable source of pure water at the smallest possible environmental cost, while becoming a leading provider of decentralized, turnkey solutions using alternative energy for the production, purification, desalination, and distribution of clean, potable water. For more information, visit our website at www.QuestWaterSolutions.com
Notice Regarding Forward Looking Statements
This press release contains projections and forward-looking statements, as that term is defined under applicable securities laws. Statements in this press release, which are not purely historical, are forward-looking statements. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including: negative results from the Company's operations; the effects of government regulation on the Company's business; risks associated with the Company's ability to obtain and protect rights to its intellectual property; risks and uncertainties associated with the Company's ability to raise additional capital; loss of management; and other factors beyond the Company's control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors and to assess in advance the impact of such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should also refer to the risk factor disclosures and other disclosures outlined in the Company's periodic reports filed from time-to-time with the Securities and Exchange Commission on EDGAR at www.sec.gov and with the British Columbia Securities Commission on SEDAR at www.sedar.com.
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