MIAMI, FL, Feb. 20, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — EAWC Technologies (EAWD) (also known as Eurosport Active World Corp) announces that its S-1 filing has become effective as of February 12, 2019. All filings related to this S-1 can be viewed at Edgar Online: http://google.brand.edgar-online.com/?sym=EAWD
The mission of EAWC is to provide sustainable water production design and already commercialized systems, energy design and systems based on high efficiency and renewable sources, and smart grid and storage solutions. Through a combination of the best design and configuration of AquaTech, EnergyTech and waste management assisted solutions and technologies; management believes it is possible to create a completely self-sufficient energy generation and water production system.
EAWC Technologies seeks to focus on four main aspects of the water and energy business: generation, supply, and commercialization and waste to energy. It focuses on assisting business owners and/or municipalities to build profitable and sustainable supply/generation of water and energy as required, and selling them the required technology or technical service to enhance their productivity/operability. With its outsourced technical arm and its commission based global network of vendors, the company expects to add sustainable added value to each of the projects it takes on while getting revenue from the engineering and technical consultancy services and project management, selling of the various identified technologies, royalties from the commercialization of energy & water in certain cases, and revenues from the licensed innovated technologies.
The Company has consulted on a number of projects on a pro-bono basis seeking to establish a strong corporate history towards obtaining a referenceable client base. The pro-bono feasibilities studies made in regions such as Mexico, South Africa and Kingdom of Saudi Arabia, have generated advanced ongoing negotiations for the conclusion of final contracts. Specifically, feasibility studies in Mexico have resulted in an independent Contractor Agreement granted to EAWC to design and build five waste-to-energy (WtE) plants. The five plants are located as follows; two in the State of Mexico, two in the State of Quintana Roo, and one in the State of Hidalgo. Each plant is expected to deliver 50 – 125 Mw/hour.
About EAWC Technologies:
EAWC Technologies (www.eawctechnologies.com) (EAWD) operates under the public company Eurosport Active World Corp, a Florida Corporation. EAWC Technologies is an engineering services company in the green tech industry, formed as an outsourcing services green tech platform, which can provide an all-inclusive services package to assess the feasibility of the potential technological solutions for a project that seeks to achieve the close cycle of waste to energy and water generation by exploiting renewable technologies. The green tech industry is constantly evolving due to ongoing and increasing water scarcity, as well as increased energy need. EAWC is well positioned to offer engineering and technical consultancy to design the most accurate renewable technology solutions to these problems and to take advantage of this rapidly growing industry with many new markets.
This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings on file at https://edgar-online.com/.