GICE MIMURA Portfolio Announces Successful US 35 Million Acquisition of WaterMicron International

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GICE MIMURA Portfolio has today announced that they have just concluded the successful acquisition of WaterMicron International in a shares and equity take up not expected to exceed USD $35 million.

The fund managers of the GICE MIMURA Portfolio has today announced that they have just concluded the successful acquisition of WaterMicron International in a shares and equity take up not expected to exceed USD $35 million. With immediate effect, the GICE MIMURA Portfolio will assume a management stake in the global operations of this latest acquisition of Atmospheric Water Generation (AWG) technology.

WaterMicron International, Ltd, based out of Singapore is currently a major player in atmospheric water generation systems and with this acquisition now firmly in place, it will enter a new phase of engineering and marketing expansion in this current market place armed with new capitalization and funding to achieve strong growth during this global period of turbulent economic uncertainty.

The company will announce its new management in the coming weeks ahead. This conclusion confirms months of speculation in the market place thanks to the fiduciary efforts of many key firms that specialize in merger/acquisition structuring.

The GICE MIMURA Portfolio is a private equity investment group that holds enviable positions in a variety of technology companies in personalized healthcare, green and renewable energy sectors, as well as, lifestyle technologies worldwide. The portfolio is privately held by the Green Energy Group based out of Australasia.

Contact: WaterMicron on the GICE MIMURA Portfolio at +65-6866-3758 - Walter Reed

All Rights Reserved, October 2010 - GICE MIMURA Portfolio

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