VANCOUVER, CANADA, May 21, 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 WEPSTM WaterMaker Atmospheric Water Extraction and Purification System, announced today that the Company has entered into a multi-year Strategic Partnership Agreement with Dikembe Mutombo’s American Venture Group (“AVMA”), and Kalo Products SARL (“Kalo”) of the Democratic Republic of Congo (“DRC”).
The Strategic Partnership between AVMA, Kalo, and Quest, which the parties refer to as the “Oasis Community Water Partnership”, further expands the Company’s presence within Africa. The agreement establishes a trilateral partnership whereby Quest will work jointly with AVMA and Kalo to install and operate AQUAtapTM systems, to be co-branded “AQUAtapTM Oasis Community Water Centers”, in underserved rural communities throughout the DRC. A multi-million-dollar project, the partnership initially will install 50 AQUAtapTM Oasis Community Water Centers commencing with the Provinces of Tanganyika, Lualaba, Sud Ubangi, and Kasai. Each AQUAtapTM Oasis Community Water Center is rated to produce 80,000 liters of clean, safe water per day which will be sold to residents at affordable, socially responsible prices.
Kalo is a Congolese company that works primarily in the food & beverage industry. Built on the values of integrity, innovation, and professionalism, Kalo has been able to penetrate the Congolese food & beverage industry by marketing Oasis mineral water, which is one of the top 5 bottled water brands in the capital city of Kinshasa. Kalo is committed to addressing social issues and to giving back to the community through a program called "Oasis Cares", whose objective is to provide drinking water to remote, disadvantaged, and underserved areas.
“Kalo successfully launched its Oasis Cares brand bottled water in the United States on World Water Day, March 22, 2019. A portion of the profits will be used to acquire Quest’s AQUAtapTM systems for deployment into underserved rural communities within the DRC. The AQUAtapTM Oasis Community Water Centers will bring about positive social change within these communities,” explained Isaac Kalonji Jr., Kalo’s CEO & Managing Director. “We are excited at the prospects of this Strategic Partnership and to working with Quest and AVMA as they have both been so supportive of our goal of giving back to those in need within the DRC.”
The AQUAtapTM Oasis Community Water Centers will be funded in part by proceeds from the sale of Oasis Cares bottled water within the United States along with donations from charitable organizations and individuals. Corporate donors and sponsors will also play a significant role in the funding of this project through the inclusion of funds from Corporate Social Responsibility initiatives. The DRC government has given the project a green light and has also committed to providing logistical support to the AQUAtapTM Oasis Community Water Centers.
“The relationship with Kalo, Congolese native Dikembe Mutombo, and his AVMA group represents a powerful opportunity for Quest to expand our business into the DRC, a vibrant and very important market. Isaac Kalonji Jr. and Dikembe Mutombo have jointly demonstrated their ability to apply their considerable resources and expertise to enter the Congolese market with the AQUAtapTM Oasis Community Water Centers,” said Peter Miele, Quest’s Executive VP and Managing Director. “Isaac and Dikembe both believe that giving back to the community is a moral obligation of every individual. We look forward to assisting in meeting the objective of deploying the AQUAtapTM Oasis Community Water Centers to provide a clean, safe source of water to the people of the Democratic Republic of Congo.”
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.