UCSY Universal Communication Systems Inc. Announces Formation of New Overseas Subsidiary Company MISA WATER PRODUCTS LTD to Manufacture and Bottle Water From Air
Universal Communication Systems Inc. Announces Formation of New Overseas Subsidiary Company MISA WATER PRODUCTS LTD to Manufacture and Bottle Water From Air
MIAMI
Universal Communication Systems, Inc., Miami Beach
Rolando Sablon, 305/672-6344
Company web address: http://www.ucsy.com
For further information email us at: info@ucsy.com
Company Plans to Produce 36,000 Bottles of MISA Branded Water Daily
Universal Communication Systems Inc. (OTCBB:UCSY) announced today that the company has formed a wholly owned overseas subsidiary, to be named MISA WATER PRODUCTS LIMITED, for the purposes of setting up a water from air bottling plant operation. In the initial phase, the plant will produce some 36,000 bottles of clean, clear, pure, filtered and mineralized water.
Commenting on this new development, company chairman Michael J. Zwebner stated: "This is again, another positive move to further establish the company and its range of products and services. Our (The World's first) 'water from air' bottling plant, will be located in the eastern Mediterranean, and we expect that once the first plant is up and running, more such bottling plants will be sold to other areas and countries / corporations needing such plants."
Further details will be announced shortly.
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Safe Harbor Statement
Caution Concerning Forward-Looking Statements by Universal Communication Systems, Inc.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaim any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
