Nassau, Bahamas (PRWEB) February 13, 2009
Prospero Group (OTCBB.PRPG) announced today that final agreements have been made with Planet's Purest Water, Inc. and Island Sky, Inc. through its largest shareholder, Cavitation Concepts Corporation, Ltd., to distribute a line of alternative energy and atmospheric water vapour technologies.
Through this agreement, Cavitation Concepts Corporation becomes the exclusive distributor for Planet's Purest Water and Island Sky.
Initial orders are pending that exceed 15,000 units of the Planet's Purest Water's patented Atmospheric Water Generating (AWG) systems. An estimated 1,500 units are scheduled for delivery within thirty days. Cavitation Concepts Corporation will hire approximately six to ten employees to cover the United States, Bahamas, the Caribbean, and Central and South America to facilitate sales, delivery and maintenance. To quick start the operations, Planet's Purest Water has agreed to supply an additional 25,000 units for a total of 40,000 units to be delivered over the next year.
The AWG technology condenses moisture in the air and purifies it into a superior grade of purified, potable water. While the principle technology is well known as a refrigerated dehumidifier, the application to AWG's is fairly new, and the water collected is purified and stored instead of being disposed of.
Units vary in size and production capabilities from a table top design that produces three gallons of water per day, to a water cooler style that can produce up to fourteen gallons per day. Industrial units can produce up to 1,100 gallons per day and can also be run on solar power. The industrial units are available for a variety of residential, retail, business, outdoor and boating applications as well as for use by disaster relief agencies as emergency water supplies.
Cavitation Concepts Corporation is scheduled to install a Water & Energy Turbine Technology (WETTECH) test facility that utilizes the Alternative Cavitation Technologies it developed to produce potable water in a cost efficient manner and to provide an alternative energy source as a natural byproduct. The first unit is scheduled for installation in the Bahamas in March, 2009