Produced Water Solutions, Inc. Enters Into A Marketing & Service Agreement With Latitude Solutions Inc. To Utilize Electro Precipitation™ In Its Operations
Fort Worth, TX /PRNewswire/ -- Latitude Solutions, Inc. (OTC PINK: LATI), a water remediation and water conservation technology company, announced today that is has entered into a Marketing & Services Agreement with Produced Water Solutions, Inc. (PWS). PWS will begin to utilize Latitude Solutions, Inc.'s (LSI) Electro Precipitation technology in their current and future oil & gas field "produced water" operations in Colorado, Utah, and North Dakota.
About Latitude Solutions, Inc.
Latitude Solutions, Inc. (LSI) and its subsidiaries provide proprietary and innovative wastewater remediation solutions to oil & gas, energy, mining, food processing, agricultural, pulp and paper, and other industries worldwide, employing their Electro Precipitation™ (EP™) technology. LSI's EP™ technology provides a customizable, environmentally responsible and sustainable solution to remediate many different industrial sources of wastewater. This formerly unusable water can be utilized for ongoing operations, including formation water produced from oil & gas operations and flowback from hydraulic fracturing, aiding in the reduction of costs associated with fresh water acquisition, transportation of both fresh and wastewater, and disposal of contaminated water. The Company maintains ownership and operational control of all its processing equipment in order to ensure the best possible level of client satisfaction and quality control. LSI has offices and/or operations in Fort Worth, Texas; Colorado Springs, Colorado; Searcy, Arkansas; and Amsterdam, The Netherlands. Information on the Company and its products can be viewed on www.latitudesolutions.net.
About Produced Water Solutions, Inc.
Produced Water Solutions, Inc. (PWS) is a UK and Colorado based public company which provides environmentally sound solutions by treating and recycling water through its innovative technologies, focused on the Global Oil and Gas Markets. The company utilizes its proprietary technologies and service programs to increase operating efficiencies and reduce disposal costs through comprehensive produced water management and disposal solutions. PWS recognizes Oil & Gas producers' main objective is to harvest natural resources. PWS works closely with E&P companies to assist them to cost effectively managing their water resources while preserving precious ecosystems. PWS provides proven technologies and solutions to mitigate produced and frac water issues. Information on the Company and its products can be viewed on www.produced-water.net.
Safe Harbor Statement
This press release may contain certain 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation: 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 filed with the Securities and Exchange Commission.
SOURCE: Latitude Solutions, Inc.Copyright 2012 PR Newswire. All Rights Reserved