MIAMI, April 18, 2024 (GLOBE NEWSWIRE) -- via IBN -- Energy and Water Development Corp. (“EAWD”) (OTCQB: EAWD), renowned for its sustainable water and energy solutions, proudly announces the filing of its U.S. National Stage application under 35 USC 371, application number 18/688,661, part of its strategic initiative to secure its intellectual property on a global scale. This application builds on the international application PCT/EP2021/074299 and aligns with filings in key markets including Canada, Mexico, Brazil, and Colombia.
The technology outlined in this patent, the Self-Sufficient Energy Supplied System for Generating Atmospheric Water, represents a breakthrough in water resource management, utilizing renewable energy to extract water from atmospheric humidity. This innovative system provides a sustainable alternative to traditional water supplies, crucial for regions plagued by water scarcity.
MSc Irma Velazquez, CEO of EAWD, emphasized the importance of the U.S. filing: "Our application under 35 USC 371 marks a significant milestone in our commitment to protecting our innovative technology and enhancing our operational footprint globally. This system is set to revolutionize the way we access clean water, particularly in water-stressed areas, aligning perfectly with our mission of sustainability and technological advancement."
By securing its intellectual property through this patent application, EAWD affirms its position at the forefront of the water solutions industry, offering new hope for sustainable development worldwide.
About Energy and Water Development Corp.:
Energy and Water Development Corp. is a global leader in engineering solutions, specializing in sustainable technologies that address critical water and energy challenges. With a presence in Germany, the United States, and Latin America, EAWD is committed to innovation and excellence. For more information, please visit https://www.energy-water.com.
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Cautionary Statement Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The statements contained in this release that are not historical facts are forward-looking statements that represent management’s beliefs and assumptions based on currently available information. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, competitive position and potential growth opportunities. Our forward-looking statements do not consider the effects of future legislation or regulations. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words “believes,” “intends,” “may,” “will,” “should,” “anticipates,” “expects,” “could,” “plans,” “estimates,” “projects,” “targets,” “forecasts” or comparable terminology or by discussions of strategy or trends. You should not place undue reliance on these forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our 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 statements we may make. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements we make in this release are reasonable, we can give no assurance that these plans, intentions or expectations will be achieved or occur, and actual results could differ materially and adversely from those anticipated or implied by the forward-looking statements.
Among the factors that could cause actual future results to differ materially are those associated with general economic and business conditions; the risk that our projects may not perform as expected or produce the anticipated benefits; changes to personnel and employees, changes in the costs and results of operations; changes in government environmental policies and other environmental risks; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions and the effects of such public heath crises; risks related to litigation; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; the potential disruption or interruption of the Company’s operations due to accidents, political events, civil unrest, war or terrorist acts, severe weather, cyber threats and data security issues, technology system failures, or other natural or human causes beyond the Company’s control. Additional risks and assumptions that could cause results to differ materially from those described above can be found in EAWD’s Form S-1/A filed on April 10, 2023, and in subsequent filings with the SEC, which are also available from its website at www.energy-water.com under the “Investors” tab, and in other documents EAWD files with the SEC.
The forward-looking statements in this press release are made as of the date hereof and are based on information available at that time. Energy and Water Development Corp. does not undertake, and expressly disclaims, any obligation or duty to update or revise any forward-looking statements based on new information, future events or otherwise.
