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WTAF News Wataire Industries Board of Directors' Update

VANCOUVER, British Columbia--(BUSINESS WIRE)--The Board of Directors of Wataire International Inc. (Pink Sheets:WTAF) announces that after an in depth review of corporate strategy that it has approved in principle, a corporate name change that will more accurately reflect the world wide market potential for its atmospheric water generator products. A number of possible names are being considered. When a final choice is made, it will be publicly announced along with a new CUSIP number and trading symbol.

The Board firmly believes that 2007 will mark a significant increase in market awareness for the company’s products. For example, the television program World Business Review, recently highlighted the company’s innovative technology. Appearing on CNBC AND Bravo, World Business Review is also shown on United Airline flights providing broad exposure for the company and its current product offerings. It is through such promotional opportunities that the company plans to create a highly distinctive brand image which can be enhanced by a new corporate name and presence. The company is currently developing plans to broaden its organizational capabilities. Wataire is also pursuing financing opportunities to provide the resources needed to capitalize on the great potential for our current products and new turbine, wind and solar technologies.

Information on the company is available at www.wataireindustries.com.

Forward Looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act OF 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers and other risks, detailed from time to time in the Company’s periodic reports files with the Securities and Exchange Commission.